BigBear.ai and C3.ai operate in the hot AI field, but neither are profitable companies. C3.ai relied on a partner network to deliver a 29% year-over-year revenue increase in its fiscal second quarter.

C3.ai Inc. closed 30.46% below its 52-week high of $45.08, which the company achieved on December 10th.

Artificial intelligence (AI) has been the hottest sector on Wall Street for more than two years. First up is IonQ (NYSE: IONQ). As of this writing, shares of IonQ are up more than 275% over the past 12 months.

According to a 2024 study by McKinsey and Company, 72% of businesses have adopted artificial intelligence (AI) in at least one business function. However, a mere 8% are using it i