Why Is C3.ai Up More Than 270% This Year?

Artificial intelligence (AI) has dominated the stock market narrative this year following the launch of ChatGPT. According to some estimates, the market opportunity in AI could be in the trillions of dollars, and the generative AI technology behind ChatGPT has wowed both investors and top executives.

Naturally, this awakening has been great news for AI stocks.

Among the winners has been C3.ai (NYSE: AI), a software-as-a-service company that builds AI applications for large enterprises. C3.ai bills itself as the "AI for the Enterprise" company and offers AI-based tools such as demand forecasting, supply chain management, and inventory optimization.

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Source Fool.com