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.

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.

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.

I believe that as we move into 2025 and 2026, a balance between innovation, governance and ethics will be essential to get the best from AI.

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

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 ...

Recently, DeepSeek stated that its models match or surpass its main American rivals at a fraction of the cost, including Meta’s own Llama models, challenging the prevailing belief that scaling AI requires vast computing power and investment.

Executive orders signed recently by President Donald Trump state that diversity, equity and inclusion (DEI) programs prioritize diversity

Y Combinator-backed startup Martin AI secures $2M seed funding to challenge Siri and Google with its innovative personal AI assistant, built by 19-year-old founders to revolutionize how consumers interact with AI through custom memory architecture and multi-channel accessibility.