C3.ai, Inc. specializes in providing artificial intelligence software solutions to businesses across various industries
The company focuses on enabling organizations to design, deploy, and operate large-scale AI applications at speed and scale, enhancing their operational efficiency and decision-making capabilities. By offering a comprehensive suite of tools, C3.ai empowers clients to harness the power of machine learning and data analytics, facilitating improved insights and automation in areas such as predictive maintenance, fraud detection, and supply chain optimization. Furthermore, their platform supports the integration of real-time data, allowing organizations to adapt and respond to changing market conditions effectively.
From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with explosive earnings growth, and the upward trend shows no signs of stopping -
over the past six months, the industry has posted a gain of 9.3% while the S&P 500 was flat.
If two AIs can independently negotiate, strategize or alter their behaviors in unexpected ways, it could lead to a whole host of unintended — and potentially harmful — consequences.
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JP Morgan analyst maintains Underweight rating on C3.ai with $27 price target, citing subpar growth, small scale, and unprofitability compared to comps.
The S&P 500 and Nasdaq both slipped into the red, reversing early gains on Thursday, while the Dow Jones remained in positive territory in midday trading.
