BlackRock, Inc. Increases Stake in C3.ai, Inc (AI) to 6.8% Ownership

On April 24, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant increase in its position in C3.ai, Inc (Ticker: AI). As of the event date on March 31, 2026, BlackRock disclosed beneficial ownership of 9,694,153 shares of Class A Stock, representing 6.8% of the company's total outstanding shares. This filing marks an increase from a previous reported ownership of 0.0%, indicating a major new accumulation of the issuer's equity. The filing specifies that BlackRock holds sole voting power over 9,504,586 shares and sole dispositive power over the full 9,694,153 shares. The securities were acquired in the ordinary course of business and not with the intent of influencing or changing the control of the issuer. Various subsidiaries under the BlackRock umbrella are involved in this ownership. This amendment (Amendment No. 2) confirms BlackRock's status as a substantial institutional investor in the enterprise AI software provider.