A sharp split between software and large-cap tech is driving unusual gains across enterprise AI names today, and the reason behind it traces back to a weekend argument among the world’s top AI researchers.
C3.ai (AI) just delivered first quarter results that showed revenue of US$52.38 million compared with US$70.26 million a year earlier, alongside a narrower net loss and fresh guidance for 2027.
A number of stocks fell in the afternoon session after escalating geopolitical tensions in the Middle East and climbing global bond yields dampened investor risk appetite.