Back in February, C3 AI CEO Tom Siebel joined Yahoo Finance Executive Editor Brian Sozzi to discuss the company's performance and the excitement surrounding artificial intelligence.

Siebel specified that while federal demand for C3 AI's services is high, there is traction from other industries: "I think demand covers every aspect of the economy. Consumer packaged goods, financial services, travel, transportation, entertainment, food distribution, manufacturing, oil and gas, utilities. I mean, this is a fundamental change like the way we're applying information technology to deliver higher quality products at lower costs and government services into the hands of more satisfied customers and constituents at lower environmental impact. This is a genuine big deal."

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