C3 AI, a provider of turnkey AI solutions for enterprises, is down around 12 percent in the after-hours trading session after providing a largely subpar earnings update for its fiscal Q1 2026, while also announcing a CEO replacement as a part of its nearly concluded restructuring efforts. For the benefit of those who might not be aware, C3 AI currently has two main products: its agentic AI platform that offers a plethora of pre-built, low-code/no-code, AI-powered applications to automate mundane corporate tasks, and its generative AI platform that offers access to a number of large language models (LLMs) in a […]
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