How To Buy ChatGPT Stock: Your 2023 Guide to AI Investing

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Generative AI technology is complicated enough to understand without even bringing in the notion of how to invest in artificial intelligence. Luckily, you don’t have to be an expert in artificial intelligence, or AI, to invest like one. Technological advances aside, your future long-term investments may all start to trend toward AI stocks. 

ChatGPT is the big name in AI right now, so naturally, investors are eager to get in on the action. Unfortunately, OpenAI — the company behind ChatGPT — is not publicly traded, so you can’t invest in it directly. But that doesn’t leave you without AI investment options.

What Is ChatGPT? 

In November of 2022, OpenAI’s ChatGPT was launched. It is an artificial intelligence chatbot and uses large language model AI software. This version has both supervised and reinforcement machine learning techniques designed to hold text and conversations with users that feel more human or natural, as if you were asking someone questions.

ChatGPT can perform the following AI-powered tasks including, but in no way limited to:

• Answering questions
• Solving mathematical problems
• Writing essays
• Translating languages
• Generating complex codes

Can You Buy OpenAI Stock?

As OpenAI is still a private company, you are not able to buy stock. It has not announced an initial public offering, or IPO, yet but that doesn’t mean all AI chatbots or AI companies are off the market. Just mentioning that an AI product is implementing ChatGPT technology will have investors reaching for their wallets.

How To Buy ChatGPT Stocks

Though you cannot directly invest in ChatGPT unless you buy shares from existing employees or private investors, you can invest in other AI-powered companies. If you are a student, coder or even just have a computer and entered something in a search engine, you are probably more familiar with ChatGPT than you think. This just proves how popular it is and why investing in ChatGPT stocks may be a good financial move.

Make sure the companies you invest in have a history with AI and aren’t just vaguely referencing implementing ChatGPT as a buzzword — some companies may try to jump on the bandwagon without knowing the value of the product or really how to use it.

5 ChatGPT Stocks to Invest in Now

Whether the company specializes in graphics processing units or implements other AI technologies, investing in ChatGPT stocks or artificial intelligence ETFs is what both amateurs investors and experts are looking into. If you are considering investing in ChatGPT in some capacity, here are five stocks worth considering:

1. Microsoft (NASDAQ: MSFT)
2. Nvidia (NASDAQ: NVDA)
3. Alphabet (NASDAQ: GOOG)
4. Amazon.com (NASDAQ: AMZN)
5. Meta Platforms (NASDAQ: META)

1. MSFT

Microsoft has invested billions of dollars in OpenAI, so it is as direct a line to buying stock in OpenAI as you can currently get. By backing this company, Microsoft is basically at the helm of advanced AI research as this new technology platform grows. Thanks to this, Microsoft is launching an AI-powered Bing search engine and Edge browser, which are currently in preview. 

2. NVDA

Nvidia is a valuable semiconductor company and a leading producer of graphics processing units, or GPUs. As such, it goes hand in hand with AI technology, since it requires so much intense processing power. Nvidia is set up to be a key component of the success and growth of ChatGPT.

3. GOOG

Google, though not directly a ChatGPT stock, has introduced Bard, which is an AI service powered by Language Model for Dialogue Applications, or LaMDA. It makes sense that Google — so known for its search engine that you call web searching “Googling” — would have Bard. It can access and look up information quickly, and the responses it gives seem to be quality.

Any advances ChatGPT makes will only drive Google to advance the Bard AI further, as well.

4. AMZN

Amazon’s AI implementation comes in the form of Amazon Textract: a technology that allows text to be extracted from scanned documents, which also enables it to understand forms and tables. The company is also no stranger to AI technology, as it uses machine learning in many other of its services, so buying stocks here could be a good first gateway AI investment.

5. META

Meta’s version of AI implementation is Cicero. Though Cicero has not been talked about as much as ChatGPT, it should not be slept on — it is advanced enough to output intent. AI is a big umbrella, so many growth investors see Cicero, at its early stages of generative AI, as being complementary to buying ChatGPT stocks as opposed to it being competitive.

Final Take To GO

More and more the future seems to be now. If you could go back in time and invest in Apple, of course you would. So by that same sentiment, with all of the advances in AI technology and ChatGPT, getting your foot in the door now could paint a pretty financial picture for you in the future of tomorrow.

Just remember not to invest more than you can afford to lose — no investment is guaranteed.

Information is accurate as of April 13, 2023.

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