At its peak, C3.ai's (NYSE: AI) stock was one of the hottest of 2023, rising an astounding 314% in under six months. However, shares of this maker of artificial intelligence (AI) applications have cooled off of late and are now down over 30% from their recent highs.

Is this sell-off a buying opportunity for one of the top-performing stocks in 2023, or is this just the start of seeing AI stocks come back down to Earth after soaring into the stratosphere? Read on to find out.

Thanks to C3.ai's ticker symbol (AI), the company is one of the top results when you search: "AI stock." While the name conveys to potential investors what it does, few know some intricacies about the business.

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Source Fool.com