McKinsey's Matthew Fitzpatrick is leaving the firm after 12 years to head what he calls the "most under the radar critical AI company in the US."

C3.ai (AI) is a technology company focused on developing and delivering enterprise software solutions related to artificial intelligence (AI). Its customer base includes companies in oil and gas, aerospace and defense,

The transformative power of artificial intelligence (AI) is undeniable. A recent McKinsey & Company research report estimates generative AI alone could add $2.6 trillion to $4.4 trillion in annual value across analyzed use cases -- comparable to the United Kingdom's entire gross domestic product.

C3 AI (NYSE: AI), the leading Enterprise AI software application company, announced in Davos today a strategic alliance with McKinsey & Company, a preeminent global management consulting firm, to help clients and prospects across industries and geographies accelerate Enterprise AI transformations at scale.

C3 AI, Inc. (NYSE:AI) shares are trading higher on Wednesday. The company disclosed a strategic alliance with McKinsey & Company at Davos to accelerate Enterprise AI transformations. The partnership combines McKinsey’s AI expertise through QuantumBlack with C3 AI’s advanced Enterprise AI software to drive operational improvements and offer new growth opportunities for clients across industries.

Shares of C3.ai ( AI 2.50%) are trading higher on Wednesday. The firm's stock is up 5.1% as of 1:20 p.m. ET, gaining as much as 8.7% earlier in the day. The leg up came as the S&P 500 ( ^GSPC 0.61%) and Nasdaq Composite ( ^IXIC 1.28%) gained 0.7% and 1.3%, respectively.

Metal Minds' unique approach to developing machine learning models lies in its personalized method of algorithm development.

C3 AI (AI) announced in Davos a strategic alliance with McKinsey & Company, a global management consulting firm, to help clients and

Verizon is building its AI ecosystem by repurposing its existing infrastructure assets in its intelligent and programmable network, which consists of fiber, edge networking, and data center assets, along with its metro and long-haul fiber, ILEC and Fios footprint, its metro network build-out, lit and dark fiber services, and 5G network.

I believe that as we move into 2025 and 2026, a balance between innovation, governance and ethics will be essential to get the best from AI.

Verizon this week announced AI Connect, a new suite meant to leverage its distributed infrastructure to support expected demand in edge inferencing capacity.

Within the production chain, generative AI can enhance retailers’ demand forecasting, capacity planning, predictive maintenance and anomaly detection. Although humans will continue to play an integral role in these processes, generative AI is already streamlining many tasks, improving efficiency and enhancing overall productivity.