C3.ai CEO Buys $69 Million Stake, Street Remains Skeptical
C3.ai CEO Thomas Siebel invested nearly $69 million to reset the company after revenue plunged to $51.6 million in Q4 and a net loss hit $115.6 million; despite an expanded Shell contract, C3.ai forecasts more losses in fiscal 2027 and warns results could miss expectations due to ongoing restructuring and sales challenges.