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  "documentTitle": "C3.ai, Inc. (AI)",
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  "authorName": "Spruce Point Capital Management",
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      "text": "C3.ai formed the Digital Transformation Institute with Microsoft in March 2020. C3 ascribes a $60 million annual value to the “in-kind” donation of its unlimited AI Suite...",
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      "text": "C3.ai ascribes a $60 million annual value to the “in-kind” donation of its unlimited AI Suite (including $10m of runtime). However, that appears to be unusually large relative to the fair market value of what it receives from its two largest customers.",
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      "text": "Annual Value: $60 million",
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      "text": "1) C3.ai DTI 2020-21 Annual Report (Reduced Pages)\n2) No IRS forms found for C3.ai DTI",
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      "text": "Source: C3 10-K, p. 25",
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      "text": "Source: C3 and Microsoft Launch DTI, March 26, 2020",
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      "text": "C3.ai DTI Budget Summary table showing $60M annual in-kind contribution",
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      "text": "Evidence C3 Exaggerates The Value of Its Technology: A Close Look At The DTI Budget",
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