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Watch CNBC's full interview with C3 AI CEO Tom Siebel
  + stars: | 2024-11-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with C3 AI CEO Tom SiebelTom Siebel, C3 AI CEO, joins 'Closing Bell Overtime' to talk expanding its Microsoft partnership, impact of Trump administration, and more.
Persons: Tom Siebel Tom Siebel Organizations: C3, Microsoft, Trump
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC3 AI and Microsoft Azure partnership 'can guarantee customer success', says C3 AI CEO Tom SiebelTom Siebel, C3 AI CEO, joins 'Closing Bell Overtime' to talk expanding its Microsoft partnership, impact of Trump administration, and more.
Persons: Tom Siebel Tom Siebel Organizations: Microsoft, C3, Trump
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC3.AI CEO on enterprise AI demand, digital transformation, and business optimizationThomas Siebel, Chairman and CEO of C3.AI, discusses AI innovation, revenue growth, and the pipeline of new deals.
Persons: Thomas Siebel
Gavin Newsom and Kimberly Guilfoyle were married for five years, from 2001 to 2006. As the mayor and first lady of San Francisco, they were dubbed "the new Kennedys." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGavin Newsom and Kimberly Guilfoyle, who were married from 2001 to 2006, were once a high-profile political couple known as "the new Kennedys." Their paths have diverged significantly since their time as mayor and first lady of San Francisco.
Persons: Gavin Newsom, Kimberly Guilfoyle, Guilfoyle, Donald Trump Jr, , Newsom, Jennifer Siebel Newsom Organizations: Trump White House, Service, Democratic, Business Locations: California, San Francisco
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC3.ai's federal business grew more than 100% year-over-year, says CEO Thomas SiebelThomas Siebel, C3.ai CEO, joins 'Closing Bell Overtime' to talk quarterly results, its profitability road map, larger AI market trends and more.
Persons: Thomas Siebel Thomas Siebel
A general partner at Andreessen Horowitz is the latest to join the debate around "fake work" in Big Tech. David Ulevitch said "half the white-collar staff at Google probably does no real work." AdvertisementAn investor at famed Silicon Valley firm Andreessen Horowitz is the latest VC to get involved in the debate around "fake work" in the tech industry. Advertisement"I don't think it's crazy to believe that half the white-collar staff at Google probably does no real work," he said. Other VCs have also entered the debate around "fake work" and overstaffing within Big Tech in recent years.
Persons: Andreessen Horowitz, David Ulevitch, , Emily Sundberg, Ulevitch, Marc Andreessen, Keith Rabois, Thomas Siebel, they've, overhiring Organizations: Google, Meta, Service, Cisco, Big Tech, Tech, PayPal Mafia, Facebook Locations: Big Tech, Silicon, America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC3.ai CEO Thomas Siebel: We've spent the last 15 years preparing for the AI waveThomas Siebel, C3.ai CEO, joins 'Closing Bell Overtime' to talk quarterly results, AI demand, and more.
Persons: Thomas Siebel, We've
Cramer's Lightning Round: Affirm is a buy
  + stars: | 2024-02-12 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon General Dynamics' year-to-date stock performance. Stock Chart Icon Stock chart icon C3.ai's year-to-date stock performance. Stock Chart Icon Stock chart icon Altimmune's year-to-date stock performance. Stock Chart Icon Stock chart icon Affirm's year-to-date stock performance.
Persons: it's, Tom Siebel, Tom, You've Organizations: Dynamics
Many countries are working on them — and neither China, Russia, Iran, India or Pakistan have signed a U.S.-initiated pledge to use military AI responsibly. Another AI project at Space Force analyzes radar data to detect imminent adversary missile launches, he said. One urgent challenge, says Jane Pinelis, chief AI engineer at Johns Hopkins University’s Applied Physics Lab and former chief of AI assurance in Martell’s office, is recruiting and retaining the talent needed to test AI tech. Testing and evaluation standards are also immature, a recent National Academy of Sciences report on Air Force AI highlighted. Might that mean the U.S. one day fielding under duress autonomous weapons that don’t fully pass muster?
Persons: , Replicator —, Kathleen Hicks, , Gregory Allen, we’ve, Missy Cummings, George Mason, Lisa Costa, Wallace ‘ Rhet ’ Turnbull, Tom Siebel, Matt Visser, Palantir, Jack Shanahan, Maven, Mark Milley, Christian Brose, Paul Scharre, ” Anduril, Nathan Michael, Michael, Shanahan, Craig Martell, Martell, Jane Pinelis, Organizations: U.S ., Russia, Air Force, China, Pentagon, Department of Defense, Center for Strategic, International Studies, Navy, ” U.S . Space Force, Space Force, Space Systems Command, Blackhawk, ., U.S . Missile Defense Agency, Defense Counterintelligence, Security Agency, Third Infantry Division, NATO, Maven, National Geospatial - Intelligence Agency, U.S . Special Operations, ISIS, Command, Control, Chiefs, Armed Services Committee, U.S, Marines, Special Forces, Industry, BAT, Marine Expeditionary, Pentagon AI, LinkedIn, Johns Hopkins, Lab, National Academy of Sciences Locations: Md, Ukraine, U.S, China, Russia, Iran, India, Pakistan, ” U.S, Silicon Valley
Cramer's Lightning Round: 'Too much hype' for C3.ai
  + stars: | 2023-11-14 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon HubSpot's year-to-date stock performance. Stock Chart Icon Stock chart icon Albemarle's year-to-date stock performance. Stock Chart Icon Stock chart icon Chewy's year-to-date stock performance. Stock Chart Icon Stock chart icon Leonardo DRS's year-to-date stock performance. Stock Chart Icon Stock chart icon CrowdStrike's year-to-date stock performance.
Persons: it's, Leonardo DRS's, Leonardo DRS, Brown, Forman, I've, They're, I'm, they're, Tom Siebel, George Kurtz Organizations: New York Community, New York Community Bancorp, Therapeutics, Sarepta Therapeutics, US Bancorp
Gavin Newsom plowed into a student while playing basketball in China. On Friday, Newsom and his wife, Jennifer Siebel Newsom, visited the Beijing Yuying School. As part of his official duties, he toured the school's farm-to-school and agricultural science programs, a representative for Newsom told Insider. California Governor Gavin Newsom accidentally topples little kid during pickup game of basketball in Beijing. We are interdependent," Newsom told Amanpour.
Persons: Gavin Newsom, Newsom, , Gavin Newsom's, Jennifer Siebel Newsom, Mike Sington, Xi Jinping, Xi, CNN's Christiane Amanpour, Amanpour Organizations: Service, Beijing Yuying School, Economic Cooperation, Politico Locations: California, China, Beijing, Hong Kong, Shanghai, Guangdong, Jiangsu, Asia, San Francisco
Governors of California, which has an economy larger than most countries, have a long history of climate collaboration with China. “It’s going to be very difficult to tackle the climate crisis just here in California,” Sanchez said. California Republicans said Newsom shouldn’t be visiting China at a time of tensions over international conflicts and the suppression of free speech. But climate experts said California has a significant role to play in advancing global climate policy. “There’s a natural role for California and the California governor.”___Megerian reported from Washington.
Persons: Gavin Newsom, Jennifer Siebel Newsom, Jerry Brown, Arnold Schwarzenegger, Brown, Chuck Schumer, Nancy Pelosi, Xi Jinping, Joe Biden, John Kerry, Xie Zhenhua, Xie, David Victor, ” Victor, , Newsom, Kerry, Lauren Sanchez, ” Brown, Sanchez, “ It’s, ” Sanchez, Biden, Ron DeSantis, Newsom shouldn’t, James Gallagher, “ Newsom shouldn’t, It’s, Nathaniel Keohane, ” ___ Megerian, Ken Moritsugu Organizations: , Governors, China Climate Institute, University of California, U.S, ., U.S ., White, Democrats, Republican, Florida Gov, California Republicans, Center, Climate, Energy Solutions, Associated Press Locations: SACRAMENTO, Calif, — California, China, Hong Kong, Beijing, Shanghai, Guangdong, Jiangsu, He'll, Israel, California, Berkeley, United States, Taiwan, Dubai, Indonesia, U.S, San Diego, ” California, U.S . West Coast, Washington
A Buffalo fire department clerk was reportedly paid more than half a million dollars despite not working. Jill Repman collected checks for 7.5 years while on administrative leave after being accused of tampering with payroll, Investigative Post reports. She was working another job while she remained on the city's payroll, per Investigative Post. AdvertisementAdvertisementThe City of Buffalo has paid Repman $572,067 since 2016, the Investigative Post reported, citing state payroll records compiled by government watchdog The Empire Center. The matter of so-called "fake work," referring to employees being paid to do little or no work, has also made headlines this year, primarily in the tech sector.
Persons: Jill Repman, Jill Parisi, Repman, Jill, , Keith Rabois, Thomas Siebel, Rabois, Britney Levy Organizations: Service, Security, Empire Center . Buffalo City Hall Locations: Buffalo, Wall, Silicon, Buffalo's City, New York
C3.ai falls after AI-play drops profit target
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +2 min
The $3.71 billion stock, among the small-cap AI firms that have benefited from excitement around Generative AI sparked by the success of ChatGPT, has surged about 180% so far this year. However, the Redwood City, California-based company scrapped its target to achieve quarterly profit by April 30, 2024 as it looks to invest in its Generative AI solutions. "After careful consideration... we have made the decision to invest in lead generation, branding, market awareness and customer success related to our Generative AI solutions," said CEO Thomas Siebel. Shares are down 21% since early June when the company's disappointing quarterly revenue forecast dented some of the recent euphoria around artificial intelligence-linked stocks. Reporting by Medha Singh in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Persons: Thomas Siebel, Pinjalim Bora, Bora, Medha Singh, Krishna Chandra Organizations: Thomson Locations: Redwood City , California, Bengaluru
"Results do not suggest that C3 is benefiting from growing demand for AI," analyst Brad Sills said of the company, which trades under the ticker AI. AI is the hottest trend going in the stock market with chipmaker Nvidia leading the way, up more than 200% this year. But it only reaffirmed its full-year revenue guidance, which to Sills "does not suggest C3 benefiting from AI tailwinds." "Following the release of ChatGPT in November of 2022, we're seeing a dramatic increase in demand for enterprise AI adoption," he said on the call. "In Q1, we experienced strong traction with our enterprise AI applications and especially strong traction with C3 Generative AI."
Persons: Brad Sills, Sills, Thomas Siebel, — CNBC's Michael Bloom, John Melloy Organizations: Bank of, Nvidia, LSEG, Bank of America Locations: Wednesday's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC3.ai CEO Tom Siebel: We're seeing a massive uptake in defense and intelligenceTom Siebel, C3.ai CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, AI's adoption across sectors and more.
Persons: Tom Siebel
Devon, a Google software engineer, told Fortune he works one-hour days at his job. For the rest of the day, he works on his startup, he told Fortune. Devon told Fortune he couldn't justify working hard when he saw colleagues working late nights without moving up the corporate ladder. "It's not like you'd really get promoted for going above and beyond," Devon told Fortune. "If I wanted to work long hours, I'd be at a startup," Devon told Fortune.
Persons: Fortune, Devon, Google didn't, Devon isn't, Jason, sprees, Keith Rabois, Thomas Siebel, Forbes, I'd Organizations: Morning, Google, Tech, Meta Locations: Devon, Silicon, Hawaii
Longtime tech investor Paul Meeks said artificial intelligence pure play C3.ai could be a potential winner as the firm might be a acquisition target for megacap tech companies. "One pure play AI company, C3.ai, probably at some point successfully sells itself to one of the mega tech cap companies," Meeks said on CNBC Pro Talks Wednesday. Siebel sold his prior software company, Siebel Systems, to Oracle for nearly $6 billion in 2006. Three years later, he started C3.ai , a provider of AI solutions to businesses. C3.ai uses AI to predict a host of issues ranging from fraud detection to helping companies optimize their operations.
Persons: Paul Meeks, Meeks, Tom Siebel's, Siebel, Tom Siebel, it's, Baker Hughes Organizations: CNBC Pro, Independent Solutions Wealth Management, Siebel Systems, Oracle, Forbes, U.S . Department of Defense, Shell
Cramer's Lightning Round: Duke Energy is "very solid"
  + stars: | 2023-07-12 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
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Persons: I've, Lina Kahn, Duke Energy's, Duke's, Tom Siebel, Ares Organizations: Paramount, FTC, Duke Energy, Duke, Mad, Ares Locations: Turkey
Cramer's Lightning Round: PayPal is "too cut-throat"
  + stars: | 2023-06-13 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
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Persons: Hubbell, it's, Vlad Coric, Johnson, Tom Siebel, he's, Jim Cramer's Organizations: PayPal, Viasat, Honeywell, CNBC, J, Charitable Trust, Parts Locations: California, That's
In their joint venture agreement, Baker Hughes says it uses C3.ai's solutions and also sells the product to companies in the oil and gas industry. CNBC's "Last Call" aired a report Thursday night on the investor lawsuit against C3.ai and the company's relationship with Baker Hughes. The lawsuit says the publicity about the massive Baker Hughes sales force "artificially inflated C3's stock" when the company first went public. Richard Drew | APIn an April 2023 filing, Baker Hughes announced it divested 1.7 million C3.ai shares, bringing its ownership to 6.9 million shares. Kerrisdale pointed to C3.ai's "highly conspicuous growth" in unbilled receivables, largely from Baker Hughes, and wrote that "accounting red flags abound with the Baker Hughes relationship."
Persons: Tom Siebel, Siebel, Thomas M, Chris J, Ratcliffe, it's, Baker Hughes, Logan Roy, Larry Ellison, Yasmin Khorram, Dan Brennan, We've, Brennan, he's, CNBC's, Reed Kathrein, Theranos, , Kathrein, Richard Drew, they'd, unbilled, receivables, Siebel's, Ken Goldman, Goldman, Gil Luria, Davidson, Luria, Nick Wells, Scott Zamost, Sam Woodward, Tom Siebel's Organizations: Siebel Systems, Oracle, Bloomberg Tech Summit, Bloomberg, Getty, CNBC, Forbes, Siebel, C3, U.S . Department of Defense, Shell, Northern District of, SEC, Twitter, " Traders, New York Stock Exchange, AP, Point Capital Management, Spotify, C3 Energy, Revenue, Wall Locations: London, Redwood City , CA, Redwood City , California, Northern District, Northern District of California, unbilled receivables, Point
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire Tom Siebel faces tumult at C3.ai as short sellers, investor lawsuits question metricsTom Siebel, who became a billionaire after selling Siebel Systems to Oracle in 2005, now faces lawsuits and short sellers at AI software vendor C3.ai.
Persons: Tom Siebel Organizations: Siebel Systems, Oracle
Nearly 45% of tech workers in a Blind poll said they spend four hours or fewer on "focused work." Some high-paid tech workers say they're only spending a few hours a day doing "real work," according to a new poll on the anonymous job messaging site Blind. Last week, a tech worker asked thousands of their peers how much time they spend on "focused work" each day. While many workers said they had fewer than eight hours of productive work each day because of the mental strain, others blamed an overload of meetings. Earlier this year, C3.ai CEO Thomas Siebel said tech workers are "doing nothing working from home."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. investment from mega-cap tech advances C3.ai's solution capabilities, says C3.ai CEO Tom SiebelC3.ai CEO Tom Siebel joins 'Squawk on the Street' to discuss why the company decided to pre-announce earnings results, what's happening behind the scenes for C3.ai, and if the process of large deal scrutiny has bottomed out.
A popular post on workplace forum Blind calls tech workers hired during the pandemic "charity cases." One popular post on the anonymous workplace forum Blind takes that a step further, saying tech employees brought on during the pandemic were "charity cases." Tech companies added many new employees to their ranks during the pandemic, when business was booming for the sector. At the time time, other commenters on the popular Blind post defended employees who got tech jobs during the pandemic. "Also I refuse to believe I am some charity case, I was good enough for the company, did their process and got hired.
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