C3 AI (AI) shares surged Tuesday as the company expanded its partnership with Microsoft (MSFT) in an effort to accelerate the adoption of its artificial intelligence (AI) software on Microsoft Azure.
The companies said the partnership "positions Microsoft as the preferred cloud provider" for C3 AI’s enterprise AI software, which will be available through the Microsoft Commercial Cloud Portal.
Shares of C3 AI jumped 24% to close at $32.96 Tuesday following the news, bringing the stock into positive territory for the year. The stock had taken a hit after the company in September projected a larger loss than expected for its fiscal second quarter, which ran through the end of October.
C3 AI is scheduled to report results from the second quarter after the market closes on Dec. 9.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。