C3 AI, Microsoft announce strategic alliance for enterprise AI adoption

C3 AI (AI) and Microsoft (MSFT) announced a strategic alliance to accelerate the adoption of enterprise artificial intelligence on Microsoft Azure. “The agreement marks a significant milestone in C3 AI and Microsoft’s existing partnership, further combining C3 AI’s Enterprise AI-native application software, including C3 Generative AI, with Azure’s robust and expansive ecosystem to the benefit of enterprises globally,” the companies said in a statement. Under the new agreement, C3 AI and Microsoft will engage in a range of strategic initiatives, including technical integration, as C3 AI’s full suite of Enterprise AI application software, including C3 Generative AI, will be available on the Microsoft Commercial Cloud Portal. “This agreement positions Microsoft as the preferred cloud provider for C3 AI offerings and establishes C3 AI as a preferred AI application software provider on Microsoft Azure,” the companies add. Shares of C3 AI are up 4% to $27.61 in premarket trading following the announcement.