C3.ai has important advantages over its competitors, while the valuation of AI stock is reasonable
With enterprise artificial intelligence software company C3.ai (NYSE:AI) adding impressive customers and growing its revenue at a fairly rapid pace, I continue to believe the company can become the “Microsoft of AI.” Just as Microsoft (NASDAQ:MSFT) developed tools that made it easy for businesses to develop documents and perform complex calculations, C3.ai has created products that enable companies to easily harness AI for various purposes. Consequently, the longer-term outlook for AI stock remains upbeat.
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