<div id="readability-page-1"><article>Jury Awards C3 AI $23.3 Million in Damages REDWOOD CITY, Calif.--(BUSINESS WIRE)--C3.ai, Inc. (NYSE: AI), the Enterprise AI application software company, today announced that on May 19, 2026, a jury in the Superior Court of the State of Delaware returned a unanimous verdict in favor of C3 AI in its lawsuit against Cummins Inc. (NYSE: CMI), finding that Cummins misappropriated C3 AI’s trade secrets.C3 AI brought the case in November 2023, alleging that its licensee, Columbus, Indiana-based Cummins, misappropriated trade secrets. C3 AI became aware of this scheme when a Cummins employee inadvertently shared internal meeting notes documenting Cummins’ plan with C3 AI.C3 AI made repeated attempts to resolve the matter amicably with Cummins management. C3 AI placed calls that Cummins did not return, sent a formal demand letter, and twice agreed to meet in person. Cummins twice cancelled.“We are grateful to the members of the jury for their service, their attention, and their care,” said Thomas M. Siebel, Chairman and Chief Executive Officer of C3 AI. “We placed our faith in the United States justice system, and the justice system worked. The jurors heard the evidence, applied the law, and unanimously concluded that Cummins misappropriated C3 AI’s trade secrets. This verdict is a rebuke of Cummins’ actions that reflect poorly on Cummins’ executive management.”This is not an isolated event. In December 2023, the U.S. Department of Justice issued a press release stating: “The Justice Department reached an initial agreement with Cummins Inc. to settle claims that, over the past decade, the company unlawfully altered hundreds of thousands of engines to bypass emissions tests in violation of the Clean Air Act. As part of the agreement, the Justice Department will require Cummins to pay $1.675 billion, the largest civil penalty we have ever secured under the Clean Air Act.” This same Cummins now stands unanimously adjudged by a jury in Delaware to have engaged in misappropriation of intellectual property.“I respectfully suggest that the Board of Directors of Cummins take a long and hard look at the ethical grounding and core values of its senior management, including its CEO,” Mr. Siebel said. “Cummins was an iconic American company. Its founder, Clessie Cummins, built it on innovation, quality, and integrity. The Cummins workforce, the Cummins shareholders, and the Cummins legacy deserve better.”About C3.ai, Inc.C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 Agentic AI Platform, an end-to-end platform for developing, deploying, and operating Enterprise AI applications and C3 AI applications, a portfolio of industry-specific SaaS Enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise. Learn more at: www.c3.ai.Forward-Looking StatementsThis release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the anticipated outcome of post-trial proceedings, the pursuit of enhanced damages, attorneys’ fees, and costs, and the litigation generally. Actual results may differ materially. Statements regarding the conduct of Cummins Inc. and its executive leadership reflect the verdict returned by the jury, the public record of the trial, and the publicly reported consent decree entered into by Cummins with the United States Department of Justice and the United States Environmental Protection Agency. Opinions expressed by Mr. Siebel are his own. C3 AI assumes no obligation to update any forward-looking statements except as required by law.<img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA1MjA1NTMwNjZyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA1MjA1NTMwNjZyMQ"/>View source version on businesswire.com: https://www.businesswire.com/news/home/20260520553066/en/Investor Relations: Amit Berry, C3 AI | ir@c3.ai C3 AI Public Relations Axicom Mindy Nelson 830.214.4823 pr@c3.aiSource: C3.ai</article></div>

C3 AI was awarded $23.3 million in damages by a Delaware jury, finding Cummins Inc. liable for misappropriating its trade secrets. C3 AI alleged that Cummins, its licensee, shared internal plans without consent. This verdict follows a previous settlement where Cummins agreed to pay $1.675 billion for altering engines to bypass emissions tests. C3 AI's CEO criticized Cummins' management for ethical lapses, urging a reevaluation of their core values.

- A jury awarded C3.ai $23.3 million in damages after finding that Cummins Inc. misappropriated the company's trade secrets.  
- C3 AI filed the lawsuit in November 2023, following an incident where an internal Cummins document was accidentally shared, indicating a plan to misuse these secrets.  
- This verdict follows previous allegations against Cummins regarding unlawful practices, prompting calls for a reevaluation of its executive management's ethics.

Cummins Inc. Liable for Misappropriation of C3 AI Trade Secrets | AI Stock News