Better AI Stock: Palantir vs. C3.ai
Palantir (NYSE: PLTR) and C3.ai (NYSE: AI) both help businesses and government organizations make data-driven decisions. Palantir's Gotham platform collects and mines data from disparate sources for government agencies. Its Foundry platform provides similar services for large enterprise customers. C3.ai's artificial intelligence (AI) algorithms can be integrated into an organization's existing software to streamline its operations, automate tasks, improve employee safety, and detect financial irregularities. It also provides these services as pre-built applications.
Both companies initially dazzled investors with their robust growth rates, but their stocks fizzled out over the past year as inflation, rising interest rates, and geopolitical headwinds sparked a hasty retreat from high-growth tech stocks.
Image source: Getty Images.
Source Fool.com
