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C3 AI Shares Jump on AI Collaboration With Amazon

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C3 AI Shares Jump on AI Collaboration With Amazon

C3 AI (AI) has expanded its strategic collaboration agreement (SCA) with Amazon Web Services (AWS), aiming to provide AI solutions designed to solve critical business challenges across various industries. 

The updated SCA will focus on offering advanced generative AI solutions for enterprises, with C3 AI and Amazon teams working to increase efficiency through faster data retrieval and analysis and accelerate value creation by getting many users onboarded quickly. 

Shares of C3 AI have gained nearly 170% this year, boosted by booming demand for AI products. Amazon shares were up more than 2% on the day of the announcement, adding about 70% of their value in 2023. 

Shares of C3 AI have gained nearly 170% this year, while Amazon shares were up more than 2% on the day of the announcement. Binance, one of the world’s largest crypto-asset exchanges, offers competitive fees, dedicated customer support, secure trading, and Binance tools for easy trade history, auto-investments, price charts, and conversions.

(With inputs from Shikha Singh)

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