C3.ai CEO Tom Siebel on AI Software Industry Outlook
Tom Siebel, Founder and CEO of C3.ai F. Carter Smith/Bloomberg C3.ai had a spectacular debut in the public market on Wednesday. The artificial-intelligence software company priced an offering of 15.5 million shares at $42 a share, above the expected range of $36 to $38 a share, before opening at $100. The stock closed its first day at $92.49, a 120% gain from its IPO price. Among other things, the IPO marks the return to public view of Tom Siebel, the founder and CEO of C3.ai (ticker: AI). The legendary software entrepreneur was an early executive at Oracle (ORCL) a...
Source: barrons.com