Investors who didn't own shares of Nvidia may be regretting it, as the company has been at the center of the AI boom, causing its share price to skyrocket. However, for those looking for another AI stock with growth potential, UiPath is worth considering. UiPath sells enterprise automation and AI software, and despite its smaller market cap of around $11. 6 billion, it has shown promising growth and profitability.
The company's revenue is booming, and it has a strong focus on using AI to increase productivity. With the AI software market predicted to grow significantly, UiPath is in a good position to capitalize on this opportunity. While Nvidia remains the stronger company in the AI chip market, UiPath presents an opportunity for investors to jump aboard another AI leader still in its early stages of growth.
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