AI Law - International Review of Artificial Intelligence Law
G. Giappichelli Editore

18/06/2024 - Prospective AI Stocks: C3.ai and Meta Platforms (USA)

argument: Notizie/News - Financial Law

According to an article from Nasdaq, the growth of artificial intelligence (AI) services is significantly boosting market indices like the S&P 500 and Nasdaq Composite. Two companies, C3.ai and Meta Platforms, are positioned for substantial growth. C3.ai, a prominent AI enterprise software developer, collaborates with major organizations like the U.S. Air Force and Shell, leveraging partnerships with Amazon Web Services and Google Cloud. The shift to a consumption-based pricing model has sparked renewed interest and is expected to enhance revenue growth. Meanwhile, Meta Platforms is integrating AI across its social media platforms, which is driving higher user engagement and advertising revenue. Meta's AI-driven recommendation systems on Instagram and other platforms have become a competitive advantage. The company's robust financial health, evidenced by $49 billion in free cash flow, allows continued investment in AI. Analysts predict an 18% annualized growth in earnings per share for Meta, suggesting favorable returns for investors.