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Why Docusign Stock Fell 11.7% Today


Digital contract management expert Docusign (NASDAQ: DOCU) isn't having a good day today. The stock was down 11.7% at 3 p.m. ET, weighed down by the arrival of new competition. OpenAI's DocuGPT is bringing the heat.

Image source: Getty Images.

Artificial intelligence (AI) titan and ChatGPT developer OpenAI is running a series of online presentations this week, highlighting how the company uses agentic AI to run its own business. One example is DocuGPT, an AI agent from OpenAI designed to review large volumes of contract data.

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Source Fool.com

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