McKinsey's Matthew Fitzpatrick is leaving the firm after 12 years to head what he calls the "most under the radar critical AI company in the US."

C3.ai (AI) is a technology company focused on developing and delivering enterprise software solutions related to artificial intelligence (AI). Its customer base includes companies in oil and gas, aerospace and defense,

The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product.

C3 AI (NYSE: AI), the leading Enterprise AI software application company, announced in Davos today a strategic alliance with McKinsey & Company, a preeminent global management consulting firm, to help clients and prospects across industries and geographies accelerate Enterprise AI transformations at scale.

C3 AI, Inc. (NYSE:AI) shares are trading higher on Wednesday. The company disclosed a strategic alliance with McKinsey & Company at Davos to accelerate Enterprise AI transformations. The partnership combines McKinsey’s AI expertise through QuantumBlack with C3 AI’s advanced Enterprise AI software to drive operational improvements and offer new growth opportunities for clients across industries.

Shares of C3.ai ( AI 2.50%) are trading higher on Wednesday. The firm's stock is up 5.1% as of 1:20 p.m. ET, gaining as much as 8.7% earlier in the day. The leg up came as the S&P 500 ( ^GSPC 0.61%) and Nasdaq Composite ( ^IXIC 1.28%) gained 0.7% and 1.3%, respectively.

Verizon this week announced AI Connect, a new suite meant to leverage its distributed infrastructure to support expected demand in edge inferencing capacity.

A big Pittsburgh-based technology company is getting deeper into artificial intelligence, announcing a partnership with a British-based company to integrate AI into its hospital and health system-focused operations platform.

C3 AI (NYSE: AI), the leading Enterprise AI software application company, announced in Davos today a strategic alliance with McKinsey & Company, a preeminent global management consulting firm ...

Economic Survey 2024-25 says India can benefit from AI but there is a need to ensure "significant investments in education and workforce skilling'

Quantum computing stocks represent a long-term investment opportunity that could deliver exceptional returns as the technology matures over decades. D-Wave Quantum has established commercial quantum annealing systems with proven applications in optimization problems.

Metal Minds' unique approach to developing machine learning models lies in its personalized method of algorithm development.