2024-02-22 12:03:53 ET
Summary
- C3.ai is facing challenges in scaling its industry-specific AI products compared to competitors with more modular offerings.
- The company is transitioning from a subscription-based service to a consumption-based model, which may negatively impact financials in the short term but could benefit long-term scalability.
- The success of C3.ai's GenAI feature will be crucial for its growth. Management is betting on 70% conversion for the initial cohort of 103 companies currently piloting the feature.
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For further details see:
C3.ai: 2024 Will Be The Make Or Break Year For Future Growth