Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

C3.ai Falls Flat, Even as Demand for AI Soars

TheMotleyFool

0 0

C3.ai Falls Flat, Even as Demand for AI Soars: https://g.foolcdn.com/editorial/images/734761/artificial-intelligence-ai-on-cloud-circuit-board.jpg

Since the beginning of 2023, investors have been mesmerized by developments in artificial intelligence (AI). The advances demonstrated by next-generation chatbots, including ChatGPT, helped illustrate the enormous potential of AI, which many believe will (eventually) impact every industry and sector.

The opportunity for enormous gains in the space has investors flocking to AI-related investments, resulting in triple-digit gains for several high-profile AI stocks.

C3.ai (NYSE: AI) seemed to be the poster child for that fervor. Even as the company struggled with macroeconomic challenges, its stock has soared as much as 293% since the beginning of 2023 heading into its financial release.

Source Fool.com

Like: 0

Share