How C3ai Is Transforming Big Oil

Enterprise artificial intelligence (AI) is an emerging industry. Offering software-as-a-service (SaaS) is now incredibly common among technology companies, but C3.ai (NYSE:AI) has blazed a new trail by providing its customers with foundational AI tools on a subscription basis. With 4.8 million artificial intelligence models delivering 1.5 billion predictions per day, it's the biggest player in what is still a small game. However, its impressive customer list suggests the company is punching well above its weight. C3.ai serves dozens of industries, but oil and gas is one of the most notable -- and a collaborative effort with Baker Hughes (NYSE:BKR) might be a looking glass into what this company is really capable of. In a world where many investors are shunning industries known to cause social or environmental harm, it's not surprising that oil and gas companies have fallen out of favor.