Artificial intelligence stocks surged on Friday, as promising guidance from enterprise AI software company C3.ai Inc added fuel to a fire started by OpenAI’s ChatGPT and others.
The company projected better-than-expected revenue and earnings for the fourth quarter and fiscal year 2023, after its third-quarter results also beat Street expectations.
Companies have been moving to implement AI in myriad ways this week, as the tech sector has been as interesting to watch as ever.