FINWIRES · TerminalLIVE
FINWIRES

C3.ai Expands Collaboration With Shell on Predictive Maintenance Program

By

C3.ai (AI) said Thursday that it expanded its ongoing collaboration with Shell Information Technology International on predictive maintenance program for Shell's assets.

Under the new multi-year agreement, Shell will extend the deployment of C3 AI Reliability to further predictive maintenance capabilities beyond equipment anomaly detection, the company said.

Shell will also introduce artificial intelligence agent-based root cause analysis and remediation across its asset operations, C3.ai said.

Financial terms related to the expanded collaboration were not disclosed.

Price: $10.54, Change: $-0.18, Percent Change: -1.68%

Related Articles

Wire

BHP Signs Potash Transport Deals With Canadian National Railway, Canadian Pacific Kansas City

BHP Signs Potash Transport Deals With Canadian National Railway, Canadian Pacific Kansas City

$BHP$CNI$CP
Wire

Cloudflare Acquires Open-Source Software Firm VoidZero

Cloudflare (NET) has acquired open-source software firm VoidZero, the cloud services provider said Thursday.Financial terms were not disclosed.The acquisition includes VoidZero's Vite build tool, Vitest test runner, Rust-based Rolldown bundler, and tOxc toolchain, Cloudflare said.As part of the deal, VoidZero's team of open source creators and Rust optimization specialists, will join Cloudflare's Emerging Technology and Incubation unit, the company said.Cloudflare also said it is committing $1 million to support community maintainers and contributors who are independent of VoidZero and Cloudflare.Shares of Cloudflare were down nearly 3% in early Thursday trading.Price: $257.44, Change: $-7.89, Percent Change: -2.97%

$NET
Wire

Xerox Shareholder STARTEEPO Invest Increases Stake to More Than 6%

Xerox Holdings (XRX) shareholder STARTEEPO Invest has increased its stake in the company to more than 6%, the Prague-based alternative investment fund said Thursday.STARTEEPO said it now owns about 8 million Xerox shares and holds options on an additional 140,000 shares, making it Xerox's third largest shareholder.The fund said it remains a "constructive long-term shareholder" in Xerox and it may continue to engage with management and the board on opportunities to enhance shareholder value.Xerox shares were 3.4% higher in Thursday trading.Price: $3.24, Change: $-0.01, Percent Change: -0.31%

$XRX