Keep an eye on C3.AI (AI).

We believe it could push aggressively higher, near-term. In fact, we’d like to see AI retest its prior high of about $34 shortly.  Helping, Goldman Sachs just said generative AI could raise global GDP by 7% over the next 10 years.

“Despite significant uncertainty around the potential for generative AI, its ability to generate content that is indistinguishable from human-created output and to break down communication barriers between humans and machines reflects a major advancement with potentially large macroeconomic effects,” Goldman Sachs economists Joseph Briggs and Devesh Kodnani said, as quoted by

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Even better, AI just raised its outlook.

It now says, “total revenue for its fourth fiscal quarter was $72.1 million – $72.4 million, exceeding the company’s own guidance. expects an adjusted operating loss of $23.7 million – $23.9 million, narrower than previous expectations of $24 million – $28 million.”

C3.AI also noted, “Overall business environment for enterprise AI is more active than we have seen since the company’s inception and seems to be accelerating” in its press release.


Ian Cooper