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C3 AI explores sale after CEO Siebel steps down due to health concerns
ByAinvest
Monday, Nov 10, 2025 11:54 pm ET1min read
C3 AI is exploring a potential sale after founder-CEO Thomas Siebel stepped down due to health concerns. The sales process is in its early stages, with other options including raising funds from private investors. C3 provides AI tools to customers like Shell and the U.S. Air Force, and has a market value of about $2.15 billion. Its stock has fallen 54% year-to-date amid worsening financial performance and leadership uncertainty.
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