UiPath (NYSE: PATH), a leader in software automation and artificial intelligence (AI), continues to grow as its customers look for tech that can help them reduce their spending. The market reacted to this growth path with a shrug, though.

With the generative AI hype sparked by ChatGPT in full swing, it would seem that a company like UiPath would be a big beneficiary. But perhaps not. UiPath's specialty isn't the generative AI that has captured everyone's attention. UiPath specializes in "old" AI.

It looks like the stock could continue to struggle as a result. 

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Source Fool.com