UiPath Stock Jumps on Collaboration With Nvidia and Others. Is It Time to Buy the Stock?

UiPath (NYSE: PATH) finally gave the market something to get excited about. The stock popped after the company laid out a series of new collaborations with Nvidia, Alphabet, Snowflake, and OpenAI. For a business that has been slogging through a multiyear turnaround, this was great news, as it shows a company ready to play a central role in how enterprises actually use artificial intelligence (AI).UiPath is no longer trying to be just a robotic process automation (RPA) company that uses software bots to automate rule-based tasks such as data entry. Instead, it is shifting to agentic automation, where its AI agent orchestration platform can coordinate how humans, bots, and different AI agents all work together. These new partnerships are about pushing that vision into the real world.Image source: Getty ImagesContinue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool