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  "documentTitle": "C3.ai, Inc. (AI)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2022-02-16 00:00:00",
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      "text": "Almost one month after this announcement, Lorenzo Simonelli, Chairman and CEO of Baker Hughes, stepped down from C3.ai's Board.",
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      "text": "On October 26, 2021, Baker Hughes announced an investment and multi-year alliance with Augury. Baker Hughes led the Series E round that valued Augury over $1 billion. Baker Hughes will also take a seat on Augury's Board of Directors. Almost one month after this announcement, Lorenzo Simonelli, Chairman and CEO of Baker Hughes, stepped down from C3.ai's Board.",
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      "text": "This alliance is a critical addition to our industrial asset management capabilities as we continue to strategically invest for growth by delivering integrated APM solutions for our energy and industrial customers. We share the same strategic vision of combining critical equipment engineering with digital analytics, and Augury also has broad technology and skillsets that complement our existing offering to improve efficiencies, productivity and operational excellence.",
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      "text": "\"This alliance is a critical addition to our industrial asset management capabilities as we continue to strategically invest for growth by delivering integrated APM solutions for our energy and industrial customers. We share the same strategic vision of combining critical equipment engineering with digital analytics, and Augury also has broad technology and skillsets that complement our existing offering to improve efficiencies, productivity and operational excellence.\" — Lorenzo Simonelli, chairman and CEO at Baker Hughes",
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      "text": "Source: Baker Hughes Press Release (October 26, 2021), CalcalistTech.com",
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      "text": "Company Promotion vs Spruce Point Reality comparison",
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      "kind": "title",
      "text": "Baker Hughes Investment And JV With Augury, Another AI Company Specializing In Predictive Maintenance",
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