C3 AI Reports 29% Growth, Tom Siebel Calls Microsoft Partnership a Revenue Accelerator

C3 AI has reported a 29% year-over-year growth for the quarter, highlighting a significant strategic partnership with Microsoft. CEO Tom Siebel characterized this collaboration as a pivotal moment in the enterprise AI sector, describing it as 'the most significant partnership in the enterprise A.I. sector.' Siebel emphasized that the partnership serves as a revenue accelerator for C3 AI, with only a small portion of revenue being relinquished in the arrangement. Microsoft's Executive Vice President of Business Development, Strategy and Ventures, Chris Young, noted the uniqueness of the relationship between Microsoft and OpenAI, further underlining the importance of strategic partnerships in the technology landscape.