Enterprise AI software company C3.ai established a new five-year Production-Other Transaction Agreement worth $500 million with the Department of Defense (DoD). The agreement allows for an accelerated timeline to acquire C3 AI’s suite of Enterprise AI products. It enables any DoD agency to acquire C3 AI products and services for modeling and simulation. “The new…
Why Are EPAM Shares Trading Higher Premarket?
EPAM Systems Inc. will replace Kansas City Southern in the S&P 500 effective before trading on December 14. EPAM provides software product development and digital platform engineering services to global clients. Last month, EPAM reported third-quarter FY21 revenue growth of 51.6 percent year-on-year to $988.5 million, beating consensus. Non-GAAP EPS of $2.42 beat the consensus…
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