Is C3.ai on the Road to Becoming a Tech Titan?
Tuesday, 23 April 2024, 08:15
Will C3.ai Emerge as a Tech Titan?
Despite initial hype, C3.ai's stock plummeted as growth slowed and losses mounted.
Transition to Usage-Based Fees
- Changed its revenue model from subscriptions to usage-based fees.
Future Revenue Projections
- Analysts expect 19% revenue growth from 2023 to 2026.
The pivot towards generative AI platforms aims to fuel short-term growth, but escalates concerns on profitability as it remains a money-losing venture.
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