Who doesn’t love valuable stocks that could make you money passively? Every stock trader in the country tries to find valuable companies to invest in to multiply their money, and right now, ChatGPT is one of the hot products. Everyone is wondering whether they can invest in this valuable company. You’ll find the right answers here if you are one of those people.
In this post, I will talk about Chat GPT Stock investment methods which could clear most of your doubts. Without wasting any more time, let’s get right into it.
Chat GPT Stock: Can You Invest In This Company?
Unfortunately, no. You can’t invest your money on ChatGPT as its parent company i.e. OpenAI, isn’t listed on any stock exchanges; however, there are a few indirect ways you can invest your money in ChatGPT, which may compound your money after some time.
ChatGPT is one of the most popular chatbots in the world right now, and no chatbot is anywhere close to that. The latest GPT-4 model of ChatGPT is even more powerful than the previous GPT-3. With ChatGPT, you can generate answers for any question, plus it can write code for your program, write an article and do a lot of other complicated tasks within a few minutes.
If you are eager to invest in ChatGPT because of its popularity you are noticing these days, you must know some basic points first and think about investing in it later.
If you already don’t know, let me tell you that ChatGPT isn’t a company itself. It is one of the products of its company called OpenAI. If you want to invest in ChatGPT in one way or another, you’ll have to invest in OpenAI, not ChatGPT itself. I hope this clears some air for you.
If you are serious about investing in ChatGPT’s company OpenAI, keep reading as I will share some unique ways to invest in this interesting company.
1. Microsoft (NASDAQ- MSFT):
Microsoft, which owns the largest operating system on the planet i.e. Windows, has invested around $10 billion in OpenAI, and if rumours are true, it’ll hold a 49% stake in the company. It isn’t a small number that can be ignored.
If you want to invest in OpenAI, the best bet you have right now is Microsoft, which owns nearly half the company. After investing in Microsoft, they’ll deploy that money to develop OpenAI further, and the chances of growing your money are pretty high.
As of today (5/23/23), Microsoft is trading at 321.18 USD, and the return it has offered in the last 5 years is 226.54% which I think is pretty impressive. Even though Microsoft’s share looks pretty impressive, discuss the matter with your financial advisor before investing your money.
2. Nvidia (NASDAQ: NVDA):
Whether you are a gamer or not, I’m sure you may have heard about Nvidia at least once because they are one of the best companies that produce high-quality gaming components such as graphics cards, CPUs, monitors, and much more.
To run AI chatbot like ChatGPT, it’ll requires a lot of Nvidia’s chipset, and without them, it can’t run anything. According to UBS, ChatGPT requires 10,000 NVIDIA graphics processing units to train their data. When you invest in a company like Nvidia, you are indirectly investing in ChatGPT. As I said, without these powerful chips, ChatGPT is nothing.
As of today (5/23/23), Nvidia is trading at 311.76 USD which is slightly lower than Microsoft, and the return it has given in the last 5 years is 400.26% which is massive. Talk with your financial advisor and invest in this stock ASAP if it suits you.
3. Amazon (NASDAQ- AMZN):
Everyone knows Amazon as the largest e-commerce platform in the world, but most people don’t know that Amazon offers other types of services too, which play a major part in their revenue numbers. Amazon offers Amazon Web Services (AWS), one of the world’s best cloud computing services.
Amazon Web Services (AWS) offers services such as networking, storage, machine learning,g and most importantly Artificial Intelligence (AI) which happens to be the main aspect of ChatGPT. Investing in AWS means investing in OpenAI’s ChatGPT in one way or another.
As of today (5/23/23), Amazon is trading at 115.01 USD, and the return it has given over the last 5 years is around 42% which I think is a pretty decent amount of return considering the fact the online shopping industry is shaking a bit due to a lot of competitors and other economic factors.
4. Perion Network (NASDAQ- PERI):
Perion Network might not be as popular as Microsoft; however, it plays a major role in the advertising part of Microsoft. Perion Network connects advertisers and publishers on Bing, one of the most widely used search engines after Google. If you want to invest your money on OpenAI, Perion Network could be a decent option for you as it is a major part of Microsoft, which owns nearly half the company.
As of today (5/23/23), Perion Network is trading at a reasonable price of 31.78 USD, and the past 5-year returns of this stock is 790.20 % which I think is one of the best multi-bagger stocks in recent times. In my opinion, Perion Network has great potential in the coming years, and If your financial advisor gives a green signal to this stock, there is no reason to ignore this stock.
Frequently Asked Questions:
ChatGPT (OpenAI) doesn’t trade publicly because it hasn’t been listed on any stock exchange, such as Nasdaq or NYSE.
To trade any stock publicly, it needs to be listed in any stock exchange; however, that’s not the case with ChatGPT, and that’s why it can’t be traded publicly for now.
ChatGPT is owned by OpenAI, a private company based in San Francisco, and the company was launched in 2015. The company is founded by Sam Altman, an American entrepreneur and investor.
Many people get confused sometimes that ChatGPT is a company, but in reality, it is just one of the products from their company OpenAI, and it is around for a while now.
With the recent funding of $300 million, ChatGPT’s parent company OpenAI is now valued at $29 billion, according to multiple sources.
The valuation of ChatGPT alone can’t be defined right now because it is a single product from OpenAI, and the company is valued now at $29 billion, which isn’t a small amount by any means.
Unfortunately, no. You can’t invest in ChatGPT right now because the company behind the product OpenAI is still private and isn’t made public yet.
Once the company opens the door for investors by making it a public company, you can invest without any issues, and we have to wait until it happens in the coming years.
Conclusion:
One of the best ways to make money passively is by investing in a stock with good potential and long-term plans. ChatGPT, which has garnered a lot of publicity over the past few months, have made us believe that it is one of the best product to invest in a long-term game, and everyone wants to invest in this company.
However, there is no Chat GPT Stock available in the market to trade or invest; however, the company behind the product, OpenAI, may change its plan and let other people invest their money in their company. I hope everything is clear to you now regarding this topic. If you still have any doubts or questions, do let me know in the comments, and I’ll talk to you ASAP. Thanks.
Since 2014 I have been writing about tech and helping others to fix tech issues related to Android, Windows, iOS, Chromebook, and more.
I love to help others to fix any technical issues they might be facing.
