C3.Ai, Inc. shares rise 1.10% after-hours following Qualcomm's appointment of AI expert to its Board.

C3.Ai, Inc. rose 1.10% in after-hours trading. The company's stock price increase may be attributed to the appointment of Dr. Jeremy (Zico) Kolter to Qualcomm's Board of Directors. Dr. Kolter's extensive work in artificial intelligence and deep technical expertise in the industry are expected to drive the future of intelligent technology, which could positively impact C3.Ai, Inc. as a company focused on AI solutions.