Could This Quiet AI Company Become the Next Big Winner?

UiPath (NYSE: PATH), the world's largest robotic process automation (RPA) company, went public at $56 per share on April 21, 2021. But today, it trades at about $14.The tech upstart initially impressed the bulls with its rapid growth and its exposure to the expanding artificial intelligence (AI) market. Yet over the following four years, it lost its luster as its sales growth cooled off, it stayed unprofitable, and it kept switching CEOs. It also faced fresh competition from generative AI platforms like OpenAI's ChatGPT and Microsoft's Copilot, and rising interest rates compressed its valuations.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool