Tag: Wall Street

OpenAI CEO, Sam Altman, is hesitant to take the company public due to concerns of being sued by the public market and Wall Street. As AI develops superintelligence, it may make decisions that investors find strange. Although other tech firms plunge into AI, OpenAI has raised $10 billion from Microsoft at a $30 billion valuation.

Artificial intelligence stocks have soared in value, but it may be time for investors to consider selling. C3.ai's Q1 revenue projection fell short, while Upstart faces challenges due to hesitant banks. Nvidia's AI success made it a trillion-dollar company, but consumer spending cuts have impacted its gaming segment. Be cautious of high prices and assess long-term potential before trading. Consider taking profits while the market is rallying. Check out the full article for in-depth information.

Generative AI market is projected to reach $1.3tn by 2032 due to customer-driven AI tools like ChatGPT & Bard. Nvidia, Amazon, and Microsoft are set to benefit.

Goldman Sachs strategists found AI stocks outperform their credit peers. AI firms with strong balance sheets are set to benefit as demand for generative AI grows.

C3.ai (NYSE: AI) stock falls ahead of earnings report release. Investors keen to learn about the company's Q4 2023 financial stability and growth forecast as analysts predict losses per share of 17 cents and revenue of $71.32 million. C3.ai provides AI software solutions to businesses in healthcare, energy, finance, and more. Founded by Tom Siebel, the company has seen immense growth this year, up by 253.8%.