Artificial intelligence (AI) became a new buzzword on Wall Street with the recent massive success of the ChatGPT chatbot. Tech giants are heavily investing in AI, propelling the industry’s growth. Given this backdrop, we take a look at UiPath Inc. (PATH) and C3.ai, Inc. (AI) to see whether they are worthwhile investments now.
The widespread incorporation of AI across a plethora of applications has ushered in a revolutionary impact on every industry, enabling new pathways for decision-making and recognizing patterns. Recently, the AI-powered chatbot ChatGPT, developed by OpenAI, has seized the world’s attention and cast the AI industry into the spotlight.
