C3.ai, BigBearAI, and SoundHound Stock Are Soaring in an AI Feeding Frenzy

Investors are in a feeding frenzy over artificial-intelligence software plays, and you have to think this isn’t going to end well.

You can date the start of the AI stock craze to the Nov. 30 launch of ChatGPT, the generative AI chatbot created by the start up OpenAI. Recent data show that ChatGPT reached more than 100 million users in January, reaching that market faster than other buzzy apps like TikTok.


(ticker: MSFT) announced in January that it had boosted its investment in OpenAI, reportedly by as much as $10 billion. The New York Times recently reported that Google co-founders Larry Page and Sergey Brin have re-engaged with the company as it plans to accelerate a rollout of new AI features.

Arguably, the biggest long-term winners in AI will be Microsoft, Google-parent


(GOOGL), and other large companies with substantial bets on the technology, including

International Business Machines



(NVDA), and

Advanced Micro Devices

(AMD). But retail investors are hunting for small-cap names with potential faster payback.

In a blog post Monday, Alphabet CEO Sundar Pichai announced that the company is getting ready to launch an experimental conversational AI services of its own called Bard, which is based on the company’s project called LaMDA, for Language Model for Dialogue Applications. Pichai said that Bard will draw on information from the web, which is a point of differentiation with ChatGPT, which at this point relies on a vast but not unlimited training model that does not include current events.

Pichai also said that the company will be rolling new AI features as part of the Google search experience.

“Soon, you’ll see AI-powered features in Search that distill complex information and multiple perspectives into easy-to-digest formats, so you can quickly understand the big picture and learn more…


Read More

Recommended For You

Leave a Reply

Your email address will not be published. Required fields are marked *