Why C3.ai Stock Is Sinking Today

C3.ai (AI -5.14%) stock is seeing sell-offs in Wednesday's trading. The software and consulting specialist's share price was down 4% as of 1:20 p.m. ET today. Meanwhile, the S&P 500 index had fallen 0.6%, and the Nasdaq Composite index was down 1%.C3.ai's valuation pullback is being driven by news surrounding DeepSeek R1, a potentially disruptive new artificial intelligence (AI) model from a Chinese company that debuted last week. AI stocks are losing ground again today as investors weigh the potential impl ...