C3.ai Is Down 58%, but Here's Why I'm Still Not Buying the AI Stock

C3.ai (AI 5.38%) has grown its business by bringing artificial intelligence (AI) capabilities to multiple organizations. The company developed more than 40 industry-specific solutions to help entities address their AI needs.Despite offering such benefits, the stock has fallen by 58% since peaking in December, and the considerable discount on this stock has not persuaded me to buy. Given the company's challenges, I see C3.ai as an AI stock investors should continue to avoid, and here's why.The state of C3.ai ...