AI stocks rose in overnight trading. BigBear.ai, C3.ai jumped nearly 6%; Alphabet gains about 2%; Palantir, Super Micro rose over 1%.

AI stocks may get boosts from C3.ai’s robust earnings. C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company's enterprise artificial intelligence software as companies look for tools to help streamline their workflow.

The company now expects revenue to be between $378 million and $398 million, from its previous forecast of $370 million to $395 million.

Furthermore, OpenAI is rolling out an artificial intelligence system called Sora that can generate realistic-looking videos from text prompts, nearly 10 months after the startup first publicly previewed the technology.

Sora will be available to paid users of chatbot ChatGPT in the US and other markets on Monday, the company said in a livestreamed presentation. The new version of the tool will be able to churn out videos up to 20 seconds in length and offer multiple variations of those clips.

On Monday, Alphabet Inc’s Google Quantum AI founder and head Hartmut Neven announced its latest quantum chip Willow.

Willow can reduce errors exponentially as the company scales up using more qubits.

Willow performed a standard benchmark computation in under five minutes, which would have taken one of the fastest supercomputers ten septillions or 1025 years to complete.