C3.AI came to the stock market in an orgy of hype about Tom Siebel, the genius behind marketing software business, Siebel Systems, and the outlook for AI (artificial intelligence). The company was heavily loss making and it didn't have real turnover since it was selling its services to big companies as a proof of concept rather than a real source of revenue. It was also making huge losses. It has been all downhill from there until very recently but suddenly the beast is stirring.
