The future of the collaboration between Baker Hughes and C3 AI remains uncertain as of May 29, 2025. Originally established in June 2019, the partnership was slated to run through April 30, 2024, with provisions for renewal. Despite these terms, there has been no public confirmation that the joint venture, set to expire in April 2025 according to recent reports, has been extended further.
The original agreement between the two companies was designed to leverage C3 AI's artificial intelligence technology in the oil and gas industry, where Baker Hughes operates. Since its inception, the partnership aimed to develop and deliver AI solutions to improve operational efficiencies, drive sustainability, and enhance business performance. Yahoo Finance reported that the original term was expected to conclude in April 2025.
With the lack of new information regarding an extension of the partnership, stakeholders and industry watchers are left in anticipation. The joint venture had a significant impact on C3 AI's business as Baker Hughes is one of its largest customers. However, without an official statement from either company about the continuation or termination of their collaboration, the direction of their future relationship remains to be seen.