Why C3.ai Stock Popped Again Today

Shares of C3.ai (NYSE: AI), the artificial intelligence-based software-as-a-service company, were moving higher again as the stakes continued to build in artificial intelligence and investors continue to look to C3.ai as one of the few pure plays available in AI.

There was no company-specific news out on the stock, but an announcement from Alphabet may have given it another boost. As of 2:45 p.m. ET, the stock was up 3% after surging as much as 19.5% earlier in the session.

Coming on the heels of news that ChatGPT's has reached 100 million users and it would charge $20 a month for a "plus" tier, Google said today that it was launching its own conversational search tool, named Bard.

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Source Fool.com