2026-08-12 22:01 utc · intellectia.ai

C3.ai cuts 35% of staff to focus on its core competency: losing money

The enterprise AI vendor shed a third of its workforce while posting a $470 million loss on $250 million in revenue, a ratio most companies reserve for Series A. The stock is down 57% and the humans are down 35%, but at least the math is getting simpler.

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