If you’re an investor interested in buying Chat GPT stock, you’re not alone! OpenAI’s ChatGPT has made a significant impact on the tech sector, and there are a few ways for you to become a part of this company.
In this article, we’ll help you determine whether investing in ChatGPT is a smart move, and walk you through everything from doing market research to setting up an account for buying stocks like ChatGPT.
You’ll also get a list of six companies related to ChatGPT that you might want to consider for your investment. So let’s get started!
What is ChatGPT?
ChatGPT, or Chat Generative Pre-trained Transformer, is a large language model-based AI chatbot that was developed by OpenAI. By logging in to ChatGPT, users can access a wide range of features and options, including the ability to tailor conversations to their specific needs and preferences, making it a versatile and powerful tool for natural language understanding and generation.
Should You Invest in ChatGPT?
For people who like to take risks with their investments, it might be a good idea to consider investing in some of these ChatGPT-related stocks. Among them, Microsoft seems like the safest choice because they have lots of products that can use AI chatbots, and their partnership with OpenAI means they can benefit from future AI advances.
Nvidia is another good choice because they’ll probably do well with the increasing demand for powerful computers. And Perion Network stock has the potential for big gains if their new Bing search engine becomes popular.
Even though there was a drop in tech stocks in 2022, ChatGPT has shown the incredible potential of AI, and it’s likely to start a new era of competition in the field of artificial intelligence.
Can You Buy ChatGPT Stock?
You can’t purchase ChatGPT stock because of the company. OpenAI isn’t listed on the stock market – it’s a private company.
However, there’s a way to indirectly invest in ChatGPT. Microsoft is closely involved with ChatGPT, and by investing in Microsoft’s stock, you can get a piece of the AI chatbot action. Microsoft has a significant stake in ChatGPT, making it a way to be part of the technology’s success, even though you can’t buy ChatGPT stock directly.
Top 6 ChatGPT-Related Stocks to Invest in Step-by-Step Process
Step 1: Research the market (5 alternatives)
1. Microsoft
Microsoft boasts a diverse revenue stream, featuring Windows, Azure cloud services, Office subscriptions, hardware like Surface devices, Xbox gaming products, and the professional network LinkedIn. In recent times, Microsoft’s alliance with OpenAI and ChatGPT has drawn attention.
Microsoft CEO Satya Nadella sees AI as the future of computing and has seamlessly integrated ChatGPT and OpenAI’s tools into various products, particularly within Azure, their cloud computing platform.
Microsoft is the primary player closely affiliated with OpenAI and ChatGPT, it’s important to recognize that Microsoft is an immense conglomerate. Investing in Microsoft provides an indirect link to the ChatGPT ecosystem.
2. C3ai.inc
C3.ai had a big IPO in the AI field, and right after it went public, its stock price more than doubled. But since then, its performance has been shaky, and it’s often seen as a company that doesn’t make much profit. However, it did show a 5.6% improvement in the year from 2022 to 2023.
C3.ai is now changing how it charges for its services, from subscriptions to a model based on how much you use. They hope this will make 2024 a better year for them. If you’re okay with taking some risks, it might be a company to watch closely.
3. Alphabet
Alphabet is the big company that owns Google, which we all know. Recently, Alphabet launched its own AI chatbot called Bard AI, and it’s seen as a competitor to ChatGPT and Bing. Right now, Bing is available through waitlists in the US and UK.
Google has a big share of the search engine market, around 84% according to Statista. But Microsoft, with its partnership with OpenAI, is also a strong player in this field. So, there’s a competition going on for the top spot in AI chatbots and search engines.
4. NVIDIA
You can indirectly invest in ChatGPT by investing in NVIDIA. NVIDIA is a big player in making powerful computer parts called GPUs, which are crucial for AI tasks like training large language models, such as ChatGPT.
NVIDIA is known for its technology used in things like mobile devices, laptops, and gaming. They mainly work in areas like car electronics, AI, gaming, and mobile devices.
5. Upstart
Upstart’s stock had a tough time in August 2023, dropping by more than half compared to July. But the company is still doing well. It made smart moves in the car industry, and big names like Mercedes are supporting its software.
The car market is huge, so Upstart is spreading into a safer area. If things continue to go right, the company might do better, and its stock could go up.
Step 2: Set up a brokerage account
To invest in big AI companies, you need a good broker. When choosing one, think about a few things. First, check if the broker has a good reputation and if they have the right licenses. It’s best if they’re regulated by authorities like the FCA or FINRA.
Next, look at the fees and commissions they charge. Lower fees are better, but make sure they don’t compromise the platform’s security or other features. Also, see if the broker offers different kinds of investments like mutual funds, ETFs, or options.
Finally, consider their customer support. It’s important to have a way to contact them quickly if you need help, so check if they have phone, email, or live chat support. These factors can help you find the right broker for your investment needs.
Step 3: Fund your account
Transferring money to your brokerage account is the next step after finishing the registration process. To complete the process, you usually need to link your newly created brokerage account to your bank account or another payment method, such as PayPal (PYPL).
Step 4: Place a trade
When you have money in your investment account, you can buy company shares. For instance, if you want to invest in Microsoft through a platform like eToro, you go to their website.
Look for Microsoft’s ticker symbol, which is MSFT, and say how many shares you want to buy. Then, pick the kind of order you want (like market or limit), and click to complete the purchase.
Step 5: Monitor and manage your investment
Buying ChatGPT stock is just the start. After you own shares, it’s crucial to regularly watch how the company is doing. Keep an eye on the company’s performance, what’s happening in the AI industry, and any important news that could affect the stock price. Monitoring these things helps you make smart decisions about your investment.
FAQs about how to buy Chat GPT stock
Is ChatGPT publicly traded?
No, ChatGPT is not publicly traded. OpenAI, the company that developed ChatGPT, is a private company. This means that it is not listed on a stock exchange and its shares are not available to the general public.
What is ChatGPT stock name?
ChatGPT does not have a stock name because it is not a publicly traded company.
What is Chat GPT Stock Price currently?
There is no stock price for ChatGPT because it’s not listed on stock exchange Nasdaq.
What company is investing in ChatGPT?
Microsoft is a major investor in OpenAI, the company that developed ChatGPT. Microsoft has invested over $10 billion in OpenAI to date.
How to invest in OpenAI?
Since OpenAI is not a publicly traded company, direct investment is not possible. The best option for getting some exposure to ChatGPT’s parent company is to invest in Microsoft, as it has a sizable stake in OpenAI.
Who owns ChatGPT?
ChatGPT is developed and owned by OpenAI, a private research organization. It’s not owned by an individual or publicly traded company.
How can you invest in AI companies?
Investing in AI companies can be done in a lot of ways. Purchasing stock in businesses like Microsoft or Nvidia that are directly linked to the AI revolution is one of the most straightforward options. Additionally, you can purchase shares of an exchange-traded fund (ETF) to gain exposure to numerous artificial intelligence companies.
Future of Chat GPT Stock
The future of ChatGPT stock depends on the success of OpenAI and the broader AI industry. If OpenAI is able to successfully commercialize ChatGPT and other AI products, then the company could go public in the future. This would allow investors to buy ChatGPT stock directly.
The potential rewards for investors could be significant if the company is able to successfully commercialize its AI products.
