Its adjusted gross margins are improving Like many other high-growth tech companies, C3.ai remains unprofitable on a generally accepted accounting principles (GAAP) basis. That price-to-sales ratio isn't extremely high, but it leaves C3.ai exposed to any inflation and interest rate-related sell-offs for pricier tech stocks. C3.ai's (NYSE: AI) stock sank to an all-time low on Dec. 2 after the artificial intelligence (AI) software company posted its second-quarter results.