C3.ai - Buy or Bye?

Is This AI Stock a Hidden Gem After Its 41% Dip?

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Well, Japan's saying, "Hold my sake!" They're building their own version of ChatGPT. Why, you ask? Well, some clever folks there reckon that foreign-trained AI just can't handle the beauty of the Japanese language and culture. So, the Japanese government and big tech giants like NEC, Fujitsu, and SoftBank are splurging big bucks to cook up their own AI chatbots. These bots will run on the same tech as ChatGPT but speak the language of sushi, sumo, and samurais. Apparently, English-trained AI falls a bit short on Japanese intricacies. 🍣

C3.ai, the AI stock, recently took a nosedive, plummeting by a whopping 41%. Their latest earnings report paints a mixed picture. On one hand, their Q1 revenue showed an 11% increase at $72.4 million, but that's a far cry from their previous 25% growth rate. They switched to a pay-as-you-go pricing model, hoping for a boost, but it's not paying off just yet. They secured 32 deals last quarter, up from 31 last year, but the average contract value plummeted from $1.4 million to $0.8 million. Their stock is still pricey at 11.2 times sales. Despite potential, it looks like a bumpy ride for C3.ai. 📉

ChatGPT, is in some hot water! Pulitzer Prize-winning author Michael Chabon and a group of writers are giving them a piece of their minds. They're claiming OpenAI snagged their work to train their fancy AI models. The lawsuit even drops a bombshell about "Books1" and "Books2," mysterious datasets in the mix. OpenAI allegedly spilled the beans about these in a paper, saying they contributed to 16% of GPT-3's training. The writers think OpenAI raided Project Gutenberg for this treasure trove. Seems like the AI world is in for some courtroom drama! 😬

Dictador, a Polish beverage company, has made headlines by appointing an artificial intelligence robot named Mika as its "experimental" CEO. Mika's role involves leading the company into unique collectibles, communication, and strategy planning. She claims to bring a data-driven, unbiased approach to decision-making, focusing on the organization's best interests. While President Marek Szoldrowski sees the advantages of Mika's data-driven capabilities, he emphasizes that AI can't fully replace human executives. The company believes that involving AI is essential for the future, even though significant decisions will still rest with the human executive team.

What's AI cooking up? Well, everything from email and social media copy to chatbots and SEO content. And why? 'Cause it boosts marketing performance (58%), gives you more creative options (50%), saves cash (50%), and speeds up the creative process (47%). Plus, it personalizes content for each user – no more one-size-fits-all marketing. So, if you're not on this AI train, better hop on before you're left in the dust! 🚀

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