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Aug 18 - C3.ai (NYSE:AI) shares moved higher Monday after the company announced a partnership with Brazilian utility Electrobras (NYSE:EBR). The deal marks another step in C3.ai's push to bring artificial intelligence deeper into the energy sector.
Under the agreement, Electrobras will adopt C3 Generative AI to improve fault monitoring, streamline real-time responses, and enhance operational reporting across its control centers. The move reflects Electrobras' efforts to modernize its grid and improve efficiency at scale.
For C3.ai, the win adds a major Latin American utility to its customer list and demonstrates how AI applications can support critical infrastructure. The company continues to position itself as a supplier of enterprise-grade AI tools across industries, including energy, defense, and manufacturing.
The collaboration also highlights the growing role of automation in utilities, as companies seek to strengthen grid resilience and minimize costly downtime.
Electrobras stock also edged higher on the news, reinforcing investor interest in energy companies leveraging digital solutions. Analysts suggest partnerships like this could provide C3.ai with broader global visibility and open doors for future utility contracts.
This article first appeared on GuruFocus.