Founded in 1993 by brothers Tom and David Gardner, The Motley Fool is dedicated to making the world smarter, happier, and richer. Our various platforms, including our website, podcasts, books, newspaper column, radio show, and premium investing services, have helped millions of people achieve financial freedom. In a recent development, C3. ai (AI) has secured a new deal with the U. S. Air Force, bringing positive momentum to the company's stock. The AI specialist's share price experienced a 4% surge, outperforming the 0. 7% increase in the S&P 500 index. C3. ai will be providing services to the U. S.

Air Force, specifically an air logistics-optimization product aimed at conserving flight energy. This agreement is part of a broader deal with the Department of Defense (DoD) signed at the end of 2021, covering a five-year "production-other transaction" arrangement valued at $500 million. C3. ai's CEO, Thomas Siebel, highlighted the efficiency and productivity improvements gained through their work with the DoD, emphasizing the Air Force's selection of a C3 AI application as the system of record for all new predictive maintenance programs across the department. While this single deal is not the sole indicator of success for the young company, it is a significant accomplishment and bodes well for their future prospects. It should be noted that the opinions expressed in this free article may differ from The Motley Fool's Premium Investing Services. For access to top analyst recommendations, in-depth research, and other investing resources, we encourage readers to become Motley Fool members.