1、Letter to ShareholdersC3.ai is the original Enterprise AI company.We began C3.ai in January of 2009 with the vision to develop a software platform and enterprise applications that would allow organizations to exploit what we believed would be the computing platform of the future elastic cloud comput
2、ing,the internet of things,big data,predictive analytics and we did this during the depth of AI winter,well before the advent of the GPU,before Azure,before GCP,when the AWS cloud was nascent.We invested 1000s of person-years and over a decade building the C3 AI Platform and over 90 C3 AI enterprise
3、 applications that address the value chains of energy,government,defense,manufacturing,financial services,agribusiness,pharma,etc.We deploy these in Europe,Asia,South America,North America.Now-15 years later-the elastic cloud,the internet of things,big data,and predictive analytics are ubiquitous;en
4、terprise AI is broadly recognized as one of the largest and fastest growing markets in the history of enterprise software;it is a mandate for every corporate and government leader to harness the power of enterprise AI;and C3.ai is extraordinarily well-positioned to serve this large and rapidly growi
5、ng market demand.C3.ai is today one of the fast-growing companies in the public software universe and most importantly in this current cacophony of AI market hype C3.ai is achieving among the highest levels of customer satisfaction for value realized in the enterprise software world.In the final ana
6、lysis,customer-value realized will be the only criterion that will determine the leader in Enterprise AI.C3.ai is on track.Sincerely,Thomas M.SiebelChief Executive OfficerUse of Forward-Looking Statements This document contains forward-looking statements within the meaning of the Private Securities