Reliance on a single customer for a huge chunk of revenue is weighing on this company, but that could turn into an advantage in the future.

AI demand led to rapid revenue growth for the company. In its fiscal Q1, sales hit $87.2 million, a 21% year-over-year increase. This extends the double-digit revenue growth C3.ai enjoyed in its 2024 fiscal year when sales reached $310.6 million, a 16% year-over-year increase.

Meta Platforms (NASDAQ:META) recently reached a record $1.5 trillion market value, seeing the value of its shares rise 66% in 2024 and 387% since early 2023. This incredible move has positioned the social media giant as a top growth stock investors continue to focus on as a long-term winner.

Llama has seen adoption as the building block of internal AI models for AT&T, Goldman Sachs, and Shopify. From January 2024 to July, Llama usage grew tenfold, which demonstrates rapid adoption.