C3.ai(AI)
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Global AI Arms Race Accelerates with Cutting-Edge Tech and Strategic Investments
Prnewswire· 2024-02-12 14:00
FN Media Group Presents USA News Group News Commentary VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- USA News Group - The world is undergoing a massive AI revolution, that according to analysts at McKinsey Global Institute could add the equivalent of up to $4.4 trillion annually in value in the near future. With such immense potential on the line, an AI arms race is underway, several firms are establishing their positions by developing and acquiring new tech, including Avant Technologies Inc. (OTCQB:AVAI), ...
Why Super Micro Computer, Applied Materials, and C3.ai Rallied Today
The Motley Fool· 2024-02-09 22:31
Shares of artificial intelligence (AI)-related stocks Super Micro Computer (SMCI 6.06%), Applied Materials (AMAT 6.87%), and C3.ai (AI 6.07%) were rallying on Friday, up 6.1%, 6.9%, and 6.2%, respectively, in Friday trading.None of these stocks had company-specific news to speak of today. However, in general, artificial intelligence stocks continued to power higher on solid news flow for AI prospects, which only seems to be getting better and better.Today's news included a bullish announcement from the Bide ...
What to Know as Sam Altman Seeks TRILLIONS for New AI Chip Project
InvestorPlace· 2024-02-09 18:19
OpenAI Chief Executive Sam Altman is in talks with investors over an ambitious new artificial intelligence (AI)-related semiconductor project, according to the Wall Street Journal. Altman reportedly is seeking as much as $7 trillion to fund infrastructure intended to advance the world’s chip-building capacity.Altman’s goal is simple: to funnel enough money into the chip-making industry to revolutionize the sector worldwide. Indeed, semiconductors have been expensive, scarce and under tremendous demand the p ...
Why Super Micro Computer, C3.ai, Taiwan Semiconductor, and Other Artificial Intelligence (AI) Stocks Rallied on Thursday
The Motley Fool· 2024-02-08 22:16
The drama of earnings season continued on Thursday as investors digested the latest financial reports and what they mean in terms of the ongoing economic recovery.Investors have been sitting on the edge of their seats waiting to learn if the accelerating adoption of artificial intelligence (AI), which began in earnest last year, will help drive technology stocks to new heights. Solid results and a blockbuster forecast from a company deeply integrated in the AI space helped lift other stocks in the sector.Wi ...
C3.ai, Inc. (AI) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-02-07 23:50
In the latest trading session, C3.ai, Inc. (AI) closed at $25.83, marking a -0.69% move from the previous day. This move lagged the S&P 500's daily gain of 0.82%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, added 0.95%.The company's shares have seen a decrease of 8.09% over the last month, not keeping up with the Computer and Technology sector's gain of 10.9% and the S&P 500's gain of 5.59%.Analysts and investors alike will be keeping a close eye on the performance of C3.ai, Inc. in ...
3 Doomed AI Stocks to Dump Before They Dive: February 2024
InvestorPlace· 2024-02-06 19:09
Artificial intelligence (AI) continues to be a major catalyst for the stock market. Most of the growth in the market continues to be concentrated in securities of technology companies, in particular those that are involved in AI. New products for consumers and businesses that incorporate AI are being rolled out at a lightning-fast rate, and demand for the microchips and semiconductors that power AI applications remains red hot. The market for AI is forecast to reach more than $2.5 trillion by 2032. Consumer ...
Why C3.AI Stock Rallied Tuesday Morning
The Motley Fool· 2024-02-06 17:43
Shares of C3.ai (AI 4.29%) rallied out of the gate Tuesday, climbing as much as 7.2%. As of 12:18 p.m. ET, the stock was still up 3.4%.While recent advances in the field of artificial intelligence (AI) have caused many related stocks to rally lately, the catalyst that sent the AI software provider climbing was better-than-expected results from a competitor in the space.Strong demand for AIRival AI specialist Palantir Technologies (PLTR 27.15%) released its fourth-quarter report after market close yesterday, ...
Where Will C3.ai Stock Be in 2 Years?
The Motley Fool· 2024-02-06 11:00
Fool.com contributor Parkev Tatevosian considers the prospects for C3.ai (AI -3.60%) stock and gives a forecast of where the stock could be in two years. *Stock prices used were the afternoon prices of Feb. 2, 2024. The video was published on Feb. 4, 2024. ...
C3.ai, Inc. (AI) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-02-05 15:06
C3.ai, Inc. (AI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned -8.2%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Computers - IT Services industry, which C3.ai, Inc. falls in, has gained 10%. The key question now is: What could be the stock's future direction?While media releases or ru ...
C3 AI Announces Fifth Annual AI Conference, C3 Transform 2024: Reshaping the World with Generative AI
Businesswire· 2024-02-05 14:00
REDWOOD CITY, Calif.--(BUSINESS WIRE)--C3 AI (NYSE: AI), the Enterprise AI application software company, will host its fifth annual AI conference, C3 Transform 2024, from March 5–7, 2024 in Boca Raton, Florida. This event brings together business leaders, technical experts, thought leaders, and C3 AI customers to discuss enterprise AI innovation, performance, and value; this year, the focus is on how generative AI is delivering enormous productivity and efficiency benefits across industries. “At its core ...