If you are an early adopter of technology or love to invest in the trends of tomorrow, you have probably explored stocks related to artificial intelligence (AI). Perhaps the most influential technology of the decade, AI is reshaping business practices in many industries.
for example, OpenAI’s ChatGPT It is one of the most used programs this year.
This AI-powered chatbot uses grammatical text to produce messaging on a multitude of topics. ChatGPT is still in its infancy, and many investors want to know how to buy OpenAI stock.
Many hope this company will be next AmazonOr Microsoft or Netflix, and getting an early stake could mean a huge return on investment if the company is successful. But is it possible to buy OpenAI shares?
What is OpenAI?
OpenAI is a for-profit technology company best known for producing chatbot ChatGPT and image generator Dall-E. The company was launched in 2015 but only rose to fame in 2022 when ChatGPT took off and millions of people started using the service for various applications.
You could argue that there hasn’t been much interest in AI since Siri was added to the iPhone in 2011. Siri is a responsive language model that pulls data from its library of knowledge, while OpenAI technology creates a new and unique (even if it isn’t) devoid of errors).
Although the general public didn’t start using ChatGPT until the end of 2022, OpenAI has adapted interactive chatbots, such as:
- Ask Instacart
- Q-Quizlet’s chat
- Shopify your personalized shopping assistant
- My AI from Snapchat
In addition to these third-party apps, the AI developer launched a premium subscription to ChatGPT Plus in February 2023. This subscription, which costs €20 per month, allows access to the app during peak periods, for faster response times and priority access to new features and updates.
As more companies adopt OpenAI’s diversified products, increased revenue will attract investors looking for profitable businesses.
Can I buy OpenAI shares?
The answer is unfortunately no. OpenAI is currently a private company that has not announced an initial public offering to become a publicly traded company. Although OpenAI does not present a pure investment opportunity, investors can indirectly expose themselves to this company. In fact, you are already investing in OpenAI if you have S&P 500 index funds.
In fact, the tech startup has received funding from well-known S&P 500 technology companies, and other technology leaders have also donated to OpenAI or developed their own services to benefit from the AI revolution.
Buying shares of Microsoft (Nasdaq: MSFT) is the most direct way to invest in OpenAI. The tech giant has been working with OpenAI since 2016 and recently announced a long-term partnership, as well as a $10 billion investment in January 2023.
Here are some of the initiatives resulting from the collaboration between Microsoft and OpenAI:
- I visit: OpenAI’s exclusive cloud provider of API research, products and services.
- Bing: Microsoft will integrate ChatGPT into its search engine for highly interactive search results.
- Supercomputing: Microsoft has exclusive access to the OpenAI GPT-3 language generator to extend its AI services to multiple digital revenue streams.
Microsoft has invested heavily in AI, so it is not surprising that it is the largest investor in OpenAI. Besides reviving Bing, the software maker will likely integrate this technology into its Windows operating system and Office products.
If you don’t feel comfortable buying Microsoft stock, you can also buy an S&P 500 index fund on the investment platform IQ Option.
This money keeps a small niche in Microsoft, but allows you exposure to other companies with AI-related revenue streams. To increase exposure to technology companies, consider the Nasdaq 100 Index Fund.
investment before IPO
OpenAI is a private company that can decide to raise money through it investment platforms For late stage startups, however only accredited investors have access and they can only sell their shares after the IPO date.
It is also possible for non-accredited investors To invest in startup companies More dangerous at the start-up stage. Find AI-related companies that offer services similar to OpenAI.
While waiting to be able to buy OpenAI stock, consider these rival stocks that are investing heavily in predictive AI services and supercomputers.
Nvidia (Nasdaq: NVDA) makes AI hardware and software for many technology companies, from OpenAI, mining to BitcoinsOr self-driving cars or video games. If something requires a computer chip or GPU, Nvidia will probably make it.
However, OpenAI is less dependent on Nvidia due to its involvement with Microsoft. However, Nvidia is a leader in the artificial intelligence sector and any other investment topics that focus on technology in the future.
Some go so far as to call OpenAI a “Google killer” that could unseat the search engine giant from its base. The future will tell us whether this prediction comes true or not. Meanwhile, Alphabet Inc. (Nasdaq: GOOG), Google’s parent company, is developing its own alternative to ChatGPT, called Bard.
This service has common features of search suggestions, images, and computing. As with buying Microsoft shares, Alphabet also makes money from advertising revenue from Google Based on Youtube. It is also the company that owns the Android smartphone operating system and many other initiatives.
Amazon (Nasdaq: AMZN) is the world’s largest online retailer, but it also offers tablets and streaming services and operates its own fleet of local delivery trucks.
The company is also a big proponent of cloud computing services through Amazon Web Services (AWS). Many websites can be accessed through AWS services, so millions of people use Amazon even if they don’t shop on its website online.
When it comes to artificial intelligence, Amazon is teaming up with “Hugging Face” (an unlisted company) to develop a direct competitor to OpenAI. This software will use AWS technology so that businesses and individuals can get the information they need once this product is deployed.
How to invest in stocks related to artificial intelligence?
The easiest (and cheapest) way to invest in leading AI companies is through a discount brokerage account. Online brokers offer trading in stocks andAnd No commission and allows you to invest from the comfort of your own living room.
The best discount brokers are companies like IQ Option and Boursorama, among others. Many of these brokerage firms offer free stock offers upon listing, as well Divide the stock investment.
What is the OpenAI indicator symbol?
OpenAI is not yet listed on the stock exchange and therefore does not have a stock symbol yet. This will only be available if OpenAI is made public.
Is OpenAI listed on the stock exchange?
No, OpenAI remains a private company and only offers investment rounds to venture capitalists and technology companies.
It did not offer pre-IPO stocks to retail investors, as many startups do.
How do you invest in OpenAI?
You cannot directly invest in OpenAI because it is a private company, but individual investors can buy Microsoft shares (MSFT), which is the best way to invest indirectly.
Microsoft stocks are currently available from the best discount brokers with no trading commission.
When will OpenAI go public?
OpenAI has not yet announced an IPO date. Additionally, it appears that the company will remain private indefinitely.
Is there an OpenAI stock chart?
OpenAI has never been publicly traded, so it does not have a price chart.
Is Elon Musk investing in OpenAI?
Elon Musk was an early investor and co-founder, but sold his shares in OpenAI in 2018.
Should you invest in OpenAI?
Individual investors cannot purchase OpenAI shares and become direct investors, although that could change if the company announces an IPO date or offers pre-IPO funding rounds to accredited investors.
Right now, you need to decide if having Microsoft stock in your portfolio can help you achieve your financial goals. A portfolio analyst can evaluate your asset allocation to help you make a decision.
You can buy individual shares of Microsoft in a brokerage or PEA account. Several ETFs and mutual funds also own shares in this tech giant that has poured billions of euros into this startup specializing in artificial intelligence.