$C3.ai, Inc.(AI)$ GOOGL laid o

2024-01-11

$C3.ai, Inc.(AI)$ GOOGL laid off hundreds of people. According to coverage in the financial media, the company wants to focus on developing artificial intelligence and have fewer people working on other things. At the end of their last fiscal year, C3 announced that with GCP, their pipeline increased from twenty five opportunities at the end of FY 22 to one hundred forty opportunities at the end of FY 23, a 460% increase. With generative artificial intelligence, look for business with GCP to explode in the fiscal year that begins May 1.

Semi Rally: AI Hype to Next Level?

Nvidia stock jumped over 6% on January 8 after a series of announcements at Consumer Electronics Show (CES), which included new chips for generative AI technologies, PCs and gaming, and new partnerships. AMD stock was also up over 5%; the whole semiconductors sector closed green (SOXX +3.26%) ------------------------ [DISCUSSION] With Nvidia's share reaching a fresh all-time high, will it bring the AI hype to a new level? Is AI still the investing theme of 2024?

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