Two firms specializing in artificial intelligence — UiPath and Twilio — are being underappreciated by investors, according to Frank Downing of Ark Investments.
UiPath, a business process automation firm, is one of the companies that Downing views as overlooked.
ARKW 1Y line He thinks this could mean fewer manual human interventions, substantially improving efficiency at UiPath for its customers.
PATH 1Y line Twilio Twilio, a cloud communications platform founded in 2008, was also flagged by Downing as a potentially undervalued stock.
Still, the director of research believes companies such as Twilio and UiPath are likely to capture the next wave of growth as AI is increasingly commoditized.
Persons:
Frank Downing, Downing, OpenAI, ChatGPT . Downing, Siti Panigrahi, TWLO
Organizations:
Ark Investments, Mizuho, Microsoft, Google
Locations:
ChatGPT .