C3.ai, Inc. (AI) stock soared 8.17% on Wednesday's pre-market trading session.
The surge followed the announcement of a strategic alliance between C3.ai and McKinsey & Company, a leading global management consulting firm. The partnership aims to accelerate the adoption of Enterprise AI at scale across industries and geographies.
By combining C3.ai's cutting-edge Enterprise AI software applications with McKinsey's AI arm QuantumBlack's expertise in deploying and scaling AI solutions, the alliance promises to unlock the power of AI and deliver rapid transformative value to clients. Key focus areas include energy, manufacturing, and financial services, where the companies plan to offer turn-key solutions leveraging their respective strengths.