Software developer UiPath will cut 10% of its workforce, or about 420 jobs, as part of a broader company restructuring. UiPath shares fell 7% on Tuesday and have plunged more than 50% year-to-date. In ...

UiPath's software automates menial digital tasks, freeing people up for more meaningful jobs. This sounds an awful lot like one of the benefits of generative AI, which explains customers' confusion.

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One promising AI company to consider is UiPath (PATH 7.02%). The firm automates routine business tasks using AI. Its software identifies processes that could be automated, such as checking loan ...