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Could C3.ai Become the Next Salesforce?

Could C3.ai Become the Next Salesforce?

On Dec. 22 , C3.ai's (NYSE: AI) stock closed at an all-time high of $177.47, boosting its market cap to $17 billion. At the time, many investors were dazzled by C3's stellar revenue growth and the disruptive potential of its enterprise artificial intelligence (AI) algorithms -- which can be integrated into an organization's existing software infrastructure to cut costs, optimize workflows, improve employee safety standards, and detect fraud.