How To Buy ChatGPT Stock? (Best AI Investing Guide)
ChatGPT continues to take the world by storm through its massive success and is expected to generate a revenue of $1 billion by 2024. With such high success and recognition, most people must be wondering about investing in this AI chatbot. This raises the question of how to buy ChatGPT stock.
With ChatGPT’s rising popularity and potential, many investors are eager to buy its stock. However, since ChatGPT’s creator OpenAI is still a private company, direct investment is not yet possible. But there are alternative ways to gain exposure to this promising AI sector.
This guide will explore indirect investment options, top AI stocks, and the future outlook for ChatGPT. Understanding these key areas will help investors capitalize on this surging technology.
What is ChatGPT? A Leading AI Model
ChatGPT is an AI-based language model developed by OpenAI and designed to comprehend and generate human-like text responses based on provided inputs.
The ChatGPT AI chatbot has been trained on a comprehensive range of textual data in order to learn genuine speech patterns and language structure, as well as contextual (i.e., extralinguistic) information.
By relying on deep- and machine-learning algorithms, specifically things such as transformer neural networks, ChatGPT can generate authentic and relevant responses to a variety of user-provided inputs.
Is There a ChatGPT Stock?
ChatGPT is not publicly traded. Therefore, users cannot invest in ChatGPT stock directly, as the company needs to go public first. However, users can invest in ChatGPT through an indirect medium by investing in companies partnered with ChatGPT.
For example, Microsoft, as it takes a massive position in the company, therefore, investing in Microsoft is an indirect way to gain exposure to OpenAI’s ChatGPT.
Can You Buy ChatGPT Stock Right Now?
You can’t buy ChatGPT Stock right now. The company that developed ChatGPT, OpenAI, is not publicly traded. It is currently a private company, meaning that its shares are not available on any public stock exchanges.
But if you still want to gain exposure to ChatGPT, you can invest in Microsoft as the company is partnered with ChatGPT and takes a large portion of the AI chatbot, which will help you invest in ChatGPT indirectly.
Also Read: How To Create A ChatGPT Account? Quick & Easy Steps!
How to Invest in ChatGPT Stock?
You cannot invest in ChatGPT Stock directly, but you can buy shares in companies such as Microsoft that have heavily invested in ChatGPT.
ChatGPT is a private company that only attracts private funding from leading and eminent investors. However, users can get exposure to ChatGPT by investing in Microsoft, as it has obtained a massive part of ChatGPT.
Users can even invest in NVIDIA as they utilize AI purposes and are trained using a large language model like ChatGPT, which is also another indirect way to invest in ChatGPT. There are three options through which you can invest in chat GPT!
- Microsoft (MSFT)
- NVIDIA (NVDA)
- Perion Network (PERI)
Generative AI Stocks to Watch as ChatGPT Soars
Need more generative AI Stocks? Check out the rundown below!
1. Microsoft (NASDAQ: MSFT)
Investing in Microsoft (NASDAQ: MSFT) is one of the best ways to get exposure to OpenAI’s ChatGPT, as it directly connects to the AI chatbot.
Earlier this year, Microsoft announced its third investment in OpenAI in January 2023, followed by two previous small investments in 2019 and 2021. This investment is rumoured to be worth around $10 billion.
This is Microsoft’s third investment in late February, Microsoft released a new update on Windows 11, announcing the integration of Bing AI chatbot with the company. With this integration, users can directly raise queries using the Windows 11 search bar.
2. Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG)
Alphabet (NASDAQ: GOOGL) is the parent company of the popular search engine “Google”. This year, Alphabet also introduced its own AI chatbot known as Bard AI, a rival to ChatGPT and Bing.
Currently, Bing is available through waitlists in the US and UK. Google holds around 84% of the search engine market (according to Statista). However, the top position competes with Microsoft’s integration with OpenAI.
3. Nvidia (NASDAQ: NVDA)
You can even gain exposure to ChatGPT by investing in NVIDIA (NASDAQ: NVDA). Since the GPUs are often utilized for AI purposes, training using large language models like OpenAI’s ChatGPT helps process a wide range of data.
NVIDIA is one of the top companies in graphics processing unit technology for mobile devices, laptops, notebooks, PCs, workstations, and more.
4. Amazon (NASDAQ: AMZN)
Amazon’s cloud-computing and subsidiary platform “Amazon Web Services” (AWS) is one of the world’s largest technology companies. AWS contains four AI business tools: AI platforms, AI infrastructure, AI services, and AI framework.
Therefore, generative AI is not new to Amazon, since the technology form is too similar to Alexa’s conversational experience.
5. Cisco Systems (NASDAQ: CSCO)
Cisco Systems (NASDAQ: CSCO) is considered a pioneer in IT and communications networks. The company includes a massive portfolio of multi-cloud applications and products. It even contains strong relationships with Google Cloud, Azure, and AWS.
6. IBM (NYSE: IBM)
IBM (NYSE: IBM) contains one of the largest AI research programs in the world. The AI team at IBM Research is, for now, working on creating a new generative AI tool that can help generate a more reliable and trustworthy application.
7. Intel (NASDAQ: INTC)
Intel is the largest semiconductor chip manufacturer in the world as per its revenue. It produces microprocessors that help power several mobile and computer devices worldwide which have made Intel a household name.
Intel stated its media team is building generative AI that will help better people’s lives, build tools and help reduce harm by generating tools that will make technologies more natural and benefit humans.
8. Micron Technology (NASDAQ: MU)
Micron Technology is a company that produces dynamic random-access memory, USB flash drives, and flash memory. Micron is a leader in the semiconductor industry globally.
ChatGPT Stock Price Currently & Is it publicly traded?
ChatGPT is not a publicly traded company, so there is no ChatGPT stock price. ChatGPT is not Publicly traded; it’s still a private company. Even ChatGPT’s creator OpenAI is also not publicly traded.
ChatGPT is a private organization. Therefore, it generates private funding from leading investors. ChatGPT would require an initial public offering (IPO) to become publicly traded.
The Best AI Stocks to Buy Now
With ChatGPT’s immense potential, investing in leading AI companies can provide exposure to this transformative technology. The table below showcases 7 top public companies driving innovation in artificial intelligence, along with their ticker symbols and massive market capitalizations. These stocks represent some of the strongest players likely to benefit from ChatGPT’s growth.
| Company | Ticker | Market Capitalization |
| Microsoft Corp | MSFT | $2.3 Trillion |
| Amazon.com Inc. | AMZN | $1.0 Trillion |
| Nvidia Corp. | NVDA | $714 Billion |
| C3.ai Inc | AI | $2.1 Billion |
| Alphabet Inc. | GOOGL | $1.4 Trillion |
| Micron Technology Inc. | MU | $68 Billion |
| Tesla Inc. | TSLA | $512 Billion |
Conclusion
In summary, while you cannot directly invest in ChatGPT at this time, several strong technology and AI companies are poised to benefit from the growth of this space. By investing in these public companies that are driving innovation in AI, you can gain exposure to the field and the future potential of ChatGPT.
As the hype around this groundbreaking technology builds, keeping an eye on these stocks provides a window into the world of artificial intelligence now and in the years to come.
