Posted 3/11/2024, 2:30:00 PM
AI Software Firms C3.ai and BigBear.ai Struggle with Slowing Growth and Losses
- C3.ai and BigBear.ai are AI software companies seeing slowing growth and persistent losses recently
- C3.ai is pivoting to usage-based pricing and new generative AI tools, but this comes at the cost of profitability
- BigBear.ai's growth has slowed to a crawl, with revenue staying flat year-over-year
- C3.ai is larger and growing faster than BigBear.ai, with a healthier balance sheet
- The author believes C3.ai is the better buy given its relative size, growth, and financial position, though neither is recommended