High-flying C3.ai shares slump as sobering forecast dampens AI hype
By Medha Singh (Reuters) -Shares of C3.ai Inc dropped 13% on Thursday after the software maker’s disappointing quarterly revenue forecast dented some of the recent euphoria around artificial intelligence-linked stocks. Most other AI-related small-cap stocks also fell, with analytics firm BigBear.ai, conversation intelligence firm SoundHound AI and Thai security firm Guardforce AI down between 2.8% and 5.7%. C3.ai, one of the biggest beneficiaries of the AI boom sparked by the […]