Will C3.ai Be the Palantir of 2025?
When it comes to artificial intelligence (AI), odds are you think about "Magnificent Seven" stocks such as Microsoft, Nvidia, or Tesla simply by default. But in 2024, one smaller player emerged from the deepest corners of the AI realm and propelled itself into the spotlight. Enterprise software darling Palantir Technologies had a year for the record books in 2024. The shares soared by about 350% last year, making Palantir the No. 1 gainer among stocks in the S 500 (SNPINDEX: ^GSPC).
Given such an epic run, it's natural for investors to be turning over every stone to try and find the next Palantir. I'll explore one of Palantir's chief competitors, a smaller AI software business known as C3.ai (NYSE: AI). Could C3.ai be the Palantir of 2025?
Enterprise software is a highly competitive industry. One way that smaller businesses can make headway in software sales is by partnering with larger industry incumbents. During C3.ai's second quarter of fiscal 2025 (ended Oct. 31), the company closed more than 60% of its deals through this partner ecosystem.
Source Fool.com
