Why C3.ai Is a Buy Ahead of Earnings
If you haven't heard of "platform artificial intelligence" before, that's because it's a whole new thing. It's being pioneered by C3.ai (NYSE: AI), a company that provides customizable artificial intelligence (AI) to a growing list of industries.
AI is powering the next wave of technology companies as it allows them to build greater scale by accomplishing exhaustive tasks that used to require countless hours of work. The problem is, it's expensive and incredibly difficult to develop in-house.
C3.ai has made a business out of solving that problem. It announces its fiscal first-quarter earnings on Sept. 1, and with the stock currently down over 70% from its all-time high, investors might realize they've been too pessimistic.
Source Fool.com
