From Nasdaq.:

In 2023, Artificial Intelligence (AI) dominated the investment world, with large companies like Microsoft and Amazon making big bets on AI start-ups. Small-cap AI stocks such as C3.ai and Upstart Holdings also saw major gains last year. C3.ai, which saw revenue growth surge, is transitioning to a consumption-based model, which is expected to further accelerate growth. Meanwhile, Upstart Holdings, which suffered a drop in revenue due to interest rate spikes, is expected to benefit from falling interest rates in the U.S., which could reignite demand for loans.

C3.ai, a pioneer in AI, is set to accelerate revenue growth after a recent slowdown, with its stock gaining 159% in 2023 but still significantly below its all-time high. Upstart, which suffered revenue declines due to interest rate spikes, is poised to benefit from falling interest rates in 2024. Investors could see long-term gains by buying C3.ai and Upstart stock at current levels, ahead of projected business upswings for both companies in the new year.



Read more: 2 Unstoppable Artificial Intelligence (AI) Stocks Up 159% and 217% in 2023 to Buy in 2024