We recently published a list of 9 AI News and Ratings to Keep on Your Radar. In this article, we are going to take a look at where C3.ai, Inc. (NYSE:AI) stands against other AI news and ratings to keep on your radar.
Expanding Human Capabilities with AI
Leading AI developers are making artificial general intelligence (AGI) their primary goal, securing billions in funding to advance the technology, as per Bloomberg. AGI refers to AI systems capable of performing as well as or better than humans across most tasks, with the software industry expected to be the first to experience its transformative effects. Eiso Kant, co-founder of Poolside, spoke with Bloomberg’s Tom Mackenzie about AGI and the evolving AI landscape.
Kant noted that AI is already increasing software development efficiency by 20–30%, with over 100 million professional developers worldwide benefiting from these advancements. He envisions a future where AI fully matches human capabilities, significantly expanding the number of effective developers. Poolside focuses on serving large enterprises, such as those in defense and financial services, where most software developers work. Unlike general AI models designed for broad applications, Poolside develops highly specialized AI systems tailored for software engineering, integrating within enterprise environments with advanced infrastructure and security measures.
Kant discussed the timeline for AGI and estimated that by 2027, AI would reach human-level performance in most knowledge-based tasks, especially in software development. He compared the impact to dramatically increasing the global developer workforce, driving down costs, and accelerating technological progress. However, he cautioned that such rapid expansion could disrupt the job market, stressing the importance of a gradual rollout to avoid destabilizing the economy.
For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s Q4 database of over 1000 hedge funds.
At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A computer engineer debugging a complex AI application on a powerful workstation.
C3.ai, Inc. (NYSE:AI)
Number of Hedge Fund Holders: 25
C3.ai, Inc. (NYSE:AI) provides enterprise AI software for application development, data analysis, and industry-specific solutions across multiple sectors.
On March 17, C3.ai (NYSE:AI) announced that its offerings are now available in the AWS Marketplace for the U.S. Intelligence Community (ICMP). The platform provided by Amazon Web Services, allows government agencies to easily access and deploy AI software.C3.ai’s listed products including the C3 Agentic AI Platform and its full suite of pre-built applications, such as the C3 AI Defense and Intelligence Suite and C3 Generative AI. Dan Gelston, President of C3.ai Federal Systems, highlighted that making these applications available on ICMP improves accessibility for federal agencies seeking secure and efficient AI solutions. He noted that multiple U.S. Department of Defense agencies already use C3.ai’s technology, benefiting from reduced costs and faster decision-making.
Overall, AI ranks 7th on our list of AI news and ratings to keep on your radar. While we acknowledge the potential of AI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.