C3.ai (NYSE: AI) was the world's first enterprise artificial intelligence (AI) company when it was founded in 2009. It has developed over 40 ready-made, customizable software applications designed to help businesses accelerate their adoption of AI.

C3.ai announced on Monday that Microsoft will extend its partnership and provide cloud computing services through Azure to the enterprise artificial intelligence company, and C3.ai stock soared. Microsoft and C3.

C3.Ai Inc (NYSE:AI) shares are trading higher Tuesday after the company announced a strategic alliance with Microsoft Corp (NASDAQ:MSFT) to accelerate enterprise AI adoption.

Artificial intelligence (AI) was hot again this week, and it wasn't just Nvidia's (NASDAQ: NVDA) earnings that were in focus. Super Micro Computer (NASDAQ: SMCI) was the huge winner, as it put forth a plan to become compliant with Nasdaq listing requirements.