AI-related stocks are rallying as investors look for ways to make money off the hottest topic in Wall Street: artificial intelligence.
The AI craze is fueled by Microsoft (MSFT)-backed OpenAI's ChatGPT. The chatbot, launched in November, has become wildly popular in the Internet and spurred discussion over efficiencies in the workplace.
Shares of AI maker C3.ai (AI), whose clients include Bank of America, Shell, and 3M, have skyrocketed more than 100% year-to-date.
By Ines Ferré for Yahoo Finance