Enterprise AI’s Upheaval Drives Crypto’s Push into Private Markets
- C3 AI faces potential sale after founder Thomas Siebel's health-related CEO exit triggered a 6% stock surge. - The company reported $116.8M Q1 losses and 54% share price decline, now exploring private capital raises under new CEO Stephen Ehikian. - IPO Genie's $0.0012 presale token aims to bridge crypto and private markets using AI-driven deal-screening, attracting 300,000+ participants. - With $500M in regulated assets and CertiK-audited security, IPO Genie contrasts C3 AI's struggles by targeting 750×
C3 AI (AI), a provider of enterprise artificial intelligence software, is reportedly considering a possible sale following the resignation of founder Thomas Siebel as CEO due to health concerns, which led to a 6% jump in its share price, as reported by a
This leadership change comes as Siebel transitions to executive chairman, citing an autoimmune condition that has caused "significant visual impairment." Siebel, who previously established Siebel Systems—later acquired by Oracle for $5.85 billion in 2005—has left
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