C3 AI Wins Massive Contract Boost From U.S. Air Force

The United States Air Force is deepening their commitment to artificial intelligence technology. And they’re partnering up with a publicly listed company to do it.

What’s happening:

• C3 AI (NYSE: AI) has been awarded a $350M USD contract increase to their existing deal with the United States Air Force
  

By the numbers:‍

• The United States Air Force Rapid Sustainment Office previously had a contract with C3 AI that had a maximum value of $100M USD
  

Why it matters:‍

• The new contract expansion is the largest deal that C3 AI has ever done with the United States Air Force in the history of the company
  

Going deeper:‍

• C3 AI’s artificial intelligence and machine learning platform is already widely used by the United States Air Force for aircraft and logistics data and is capable of predicting future maintenance issues and optimizing the supply chain for inventory and spare parts
  
• C3 AI has multiple other large scale deals with the United States government, including a contract with the United States Department of Defense that has a maximum value of $500M USD
  

The intrigue:‍

• The United States Air Force has been aggressively embracing new innovative technology for combat purposes lately, including recently striking a deal with publicly traded quantum computing company Rigetti Computing (NASDAQ: RGTI)