Investing in technology (Tech) companies has always been a proven wise decision. In the present World, Tech Companies are dominating the Stock market as the 9 biggest stocks out of 10 are tech companies making up 27.4% of the index’s market value in the S&P 500. Now AI is a disruptive emerging technology & OpenAI’s ChatGPT has gained massive hype and crossed 1 million users only in 5 days. Here we will discuss how one can invest in Chat GPT stock with facts and stats that will help you to make a wise investment decision to invest in Chat GPT Stock to get early benefits.
(1) Understanding The Concept of Artificial Intelligence(AI) Technology.
“Before Investing in any business understand the business first”, because if you can’t understand the business, then you can not forecast its future business performance. So we are going to understand what is artificial intelligence technology and ChatGPT and how AI is impacting our life?
(i) What Is Artificial Intelligence (AI)?
There was a time when artificial intelligence was only a subject of science fiction movies. But This cutting-edge technology has now become a reality instead of just fiction, which is deeply impacting our everyday life. AI refers to the ability of a computer or machine to mimic human intelligence to develop decision-making capabilities and responses from past learned experiences.
(Image Credit: Getty Images)
The current AI ecosystem is vast and consists of robotics, machine learning, and natural language processing. Believe it or not, AI is penetrating every aspect of our life from responding to the song request of a voice command to the improvisation of space rocket trajectory path.
“People worry that computers will get too smart and take over the world, but the real problem is that they’re too stupid and they’ve already taken over the world.”
– Pedro Domingos
(ii) What is ChatGPT?
ChatGPT is an AI chatbot that was launched in November 2022 made by The OpenAI a Francisco-based tech Company. This AI chatbot is using GPT technology which stands for Generative Pre-trained Transformer and uses a machine learning model called reinforcement learning from human feedback (RLHF) which gives it the ability to perform interaction & conversation like humans.
It can answer the query more efficiently than any search engine, can write a complete post, can write codes, can solve mathematical problems, and many more. ChatGPT is a revolutionary AI product of the Open AI that has shaken every leader in the Technology Industry.
(2) Future of AI like Chat GPT Stock.
The global AI market, valued at $ 142.3 billion as of 2023, and likely to reach 1750 billion US dollars by 2030 as per the Statista forecast report. High-tech Industries like telecommunications, financial services, healthcare, pharmaceuticals, and financial services are the most prominent for AI adoption.
The corporate global investment in AI has increased from $12.75 billion to $93.5 billion from 2015 to 2021. Total yearly corporate global investment increased by $5 billion from 2020 to 2022, in AI Startups which was nearly double its previous investments.
But During the year 2023, a change of 76% increase in investment in AI was noticed which shows the strong faith of market leaders and investment houses in the prominent future of the Artificial Intelligence industry.
(Image Source: Statista)
(3) How To Invest in ChatGPT Stock.
ChatGPT is a revolutionary AI technology that rocked the AI industry. The Statista has revealed that Chat GPT has crossed 1 million subscribers in just 5 days while Netflix took 3.5 years to cross the same figure.
According to the Semafor valuation of open AI the company behind Chat GPT reached $ 96 billion in 2023 but presently neither ChatGPT nor OpenAI is publicly traded which means you can’t buy Chat GPT stock directly from the stock market. But it doesn’t means you can’t get exposure to it.
You can invest in ChatGPT indirectly by investing in those companies who are holding private equity in ChatGPT. There are mainly three stocks in which one can invest and get exposure into Chat GPT.
Investing is a complex and dynamic field, and it is essential to approach it with caution and prudence. The information provided in this blog post is for general informational purposes only and should not be considered professional financial advice. Investing in financial markets carries inherent risks, and it is important to do proper research and consult with a qualified financial advisor before making any investment decisions.
- Microsoft Corporation (Nasdaq: MSFT):
Microsoft has a market cap of $2.097 Trillion has invested billions of dollars into the AI start-up and had a strategic partnership with OpenAI since 2019. A $10 billion investment has been done by Microsoft into OpenAI early in 2023 after the launch of ChatGPT. In Jan 2023 Microsoft announced through its official blog to use of Open AI technology for its search engine Bing & Edge showing Microsoft’s confidence in Chat GPT openAI technology.
- NVIDIA Corporation (Nasdaq: NVDA):
Another way to get exposure to ChatGPT is through NVIDIA (Nasdaq: NVDA). NVIDIA Corporation has a total market cap of $ 657.42 billion and is a leading semiconductor company and producer of Graphics Processing Unit (GPU). It has a major focus on gaming, automotive electronics, and mobile devices, and its GPUs are often used for various AI operations.
- Perion Network Ltd. (Nasdaq: PERI):
You can also get an investment opportunity to invest in ChatGPT by buying Perion Network Stock. Perion Network is an Israel-based small Cap tech company. It operates in three main areas of digital advertising: ad search, social media, and display, video, or CTV but it has a strategic partnership with Microsoft’s Bing search engine.
We have already mentioned that Microsoft’s new version of Bing is powered by ChatGPT and if Bing will able to acquire the market share of Google then Perion is probably a big winner. Currently, Google is acquiring around 84.69% of the global search engine market and Bing as the 2nd largest search engine with only 8% of the market share has many opportunities to acquire it.
“The key to successful investment is hidden in the ability of early identification of opportunity”. Currently, Artificial intelligence like ChatGPT is rocking the tech world and still is an emerging technology. AI has immense potential to affect our lives in every aspect. A wise investor is never gonna miss grabbing investment opportunities in this cutting-edge technology which could be the future of all of us. In this article, we have made an honest effort to aware readers of investing in this cutting-edge Artificial Intelligence technology like Chat GPT stock.
How To Buy ChatGPT Stocks?
Ans: Currently, ChatGPT is not a publicly traded company and not offers public equity which means you can’t buy Chat GPT stocks from the open market (Stock Market). But you can buy the stock of those companies who are holding private equity in Chat GPT like Microsoft and NVIDIA.
Can You Buy OpenAI Stock?
Ans: No, you can’t buy OpenAI stock directly as it is still not a publicly traded company.
Is there a Chat GPT Stock?
Ans: No, ChatGPT is not publicly traded.
What is Chat GPT Stock’s Name?
Ans: ChatGPT has no stock name, as it has not offered public equity to date.
Chat GPT Stock Price Currently?
Ans: Chat GPT is still not listed in the share market so there is no valuation/price available for GPT stock in the public market.
Can you invest in Chat GPT Stock Right Now?
Ans: You can’t invest directly in Chat GPT stock as it is not still a publicly traded company but you can invest in it indirectly by buying the stock of those companies who are made private investments in it.
Is ChatGPT Publicly Traded?
Ans: No, Chat GPT isn’t a publicly traded company.