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Two of the biggest names in artificial intelligence (AI) investing are Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO). Both companies' businesses benefit significantly from the AI arms race, which is why investors are so interested in them.

C3.ai's top line jumped 26% year over year to almost $99 million. This probably weighed on investors' sentiment as the software specialist delivered slightly faster growth of 29% in fiscal Q2. However, the sell-off in C3.ai stock seems like an overreaction as its top line was slightly higher than what Wall Street was anticipating.

Nicole Kornitzer manages the Buffalo International Fund. She expects these companies to make their corporate clients more effective and efficient as they implement AI.

As the AI gold rush continues, investors are wondering if Nvidia is truly the only chip maker worth betting on. TheStreet Pro's Bob Lang reveals there's more to the semiconductor story, highlighting alternative players positioning themselves to capitalize on the AI revolution.

The S&P 500 has been on an incredible bull run over the last 28 months, and one of its biggest driving force has been the artificial intelligence (AI) industry. Recent advances have led to a lot of investor excitement about the potential for the technology to change nearly every business in the economy.