C3.ai $AI stock has confirmed a break above its 200 day moving average on January 31, 2023. The stock is in a technical uptrend and has surged more than 50% over the last ten trading days.
Bullish Option Flow Detected In $AI Stock
Bullish option flow was detected in $AI stock on January 31, 2023. As of 7:05 AM Pacific time, 39,073 calls traded 19x expected and implied vol increasing over 42 points to 124.87%. Feb-23 $20 calls and 2/3 weekly $20 calls were the most active options, with total volume in those strikes near 11,100 contracts.
Make sure to review this lesson on option flow so that you understand the image above.
C3 AI Announces Launch of C3 Generative AI Product Suite
C3 AI announced the release of its first product, C3 Generative AI for Enterprise Search, on January 31, 2023, marking the beginning of the C3 Generative AI Product Suite.
Using a natural language interface to quickly find, retrieve, and present all pertinent data from the entire corpus of an enterprise’s information systems, C3 Generative AI for Enterprise Search offers enterprise users a transformative user experience.
The most cutting-edge models, like ChatGPT and GPT-3, as well as the most recent AI capabilities from organizations like Open AI, Google, and academia are all integrated into the C3 Generative AI Product Suite, which is used to create C3 AI’s enterprise AI products.
“C3 Generative AI fundamentally changes the human computer interaction model of enterprise application software,” said C3 AI CEO Thomas M. Siebel. “Combining the full potential of natural language, generative pre-trained transformers, enterprise AI, and predictive analytics will change everything about enterprise computing.”
The C3 Generative AI Product Suite accelerates customers’ ability to leverage these models across their value chains by integrating advanced transformer models with C3 AI’s pre-built AI applications. Supply chain, sustainability, reliability, CRM, ESG, oil and gas, utilities, CPG, healthcare, financial services, defense, and intelligence are just a few of the business functions and industries that C3 Generative AI will help transform faster.
“This is game changing for U.S. DoD, game changing for the U.S. intelligence community, and game changing for ubiquitous information access and insight,” said Lt. Gen. Ed Cardon (Ret.), former commanding general of the U.S. Army Cyber Command. “This technology breakthrough can help dissolve the biggest barrier that we have to effective action, which is access to timely, accurate information and insight at all levels of the organization.”
