ChatGPT has taken the world by storm with its massive success. As per reports, ChatGPT is expected to generate a revenue of $1 billion by 2024. With such high growth potential, many investors are looking for ways to buy ChatGPT stock and invest in this revolutionary AI chatbot. However, ChatGPT is not yet publicly traded. So you cannot invest in ChatGPT directly right now.
How to invest in ChatGPT?
Since ChatGPT is developed by OpenAI which is a private company, there are currently no ChatGPT stocks available for public trading. OpenAI would need to go for an Initial Public Offering (IPO) to get listed on stock exchanges before investors can buy ChatGPT stock directly.
As of now, OpenAI has not announced any timeline or plans for an IPO. The company is still private and relies majorly on funding from private investors like Microsoft. So unfortunately, you cannot invest in ChatGPT stock directly at the moment.
However, there are some indirect ways to gain exposure to ChatGPT’s growth. Here are the options:
Also check this article: What is the Best Open Source AI Chatbot?
Microsoft (NASDAQ: MSFT) – Key Data Points
One of the best ways to invest in ChatGPT is by buying Microsoft (NASDAQ: MSFT) stock.
Microsoft is a large technology company and strategic partner of OpenAI, the creator of ChatGPT. Microsoft has invested billions into OpenAI and is integrating ChatGPT into products like Bing search. Key data points:
- $2.45 trillion market cap
- Stock price around $330
- Revenue of $198 billion in 2022
- Net income of $72 billion in 2022
- Diverse business model including Windows, Office, LinkedIn, Azure cloud, and Xbox
- Leveraging AI like ChatGPT across products
- Exposure to ChatGPT’s growth, especially in search via Bing partnership
The latest investment makes Microsoft the exclusive cloud provider for OpenAI and also integrates OpenAI’s models into Microsoft products. For instance, Microsoft recently added ChatGPT features to its Bing search engine.
As a major backer and partner of OpenAI, Microsoft stock offers indirect exposure to ChatGPT’s potential growth and revenue. When ChatGPT succeeds, Microsoft succeeds too.
Microsoft Stock offers indirect exposure to ChatGPT
Also check this article: Is Google’s AI Chatbot Sentient? Claims by Engineer Spark Debate
Invest in AI Chip Stocks
ChatGPT and other AI models require powerful computing capabilities. This is driving demand for graphics processing units (GPUs) and AI chips used to train and run these complex algorithms.
Some leading makers of AI and GPU chips are:
- Nvidia (NASDAQ: NVDA)
- Advanced Micro Devices (NASDAQ: AMD)
- Intel (NASDAQ: INTC)
As the AI industry grows, these chipmakers will benefit from higher sales of their products. Their stock prices could surge in tandem with AI sector growth.
NVIDIA (NASDAQ: NVDA) – Key Data Points
Nvidia is a leading supplier of AI computing power with its GPUs and has significant exposure to the growth of AI. The company should benefit as adoption of large language models like ChatGPT increases.
Here are some key data points for Nvidia (NVDA) in relation to ChatGPT and AI:
- Market Cap: $1.05 trillion (one of largest semiconductor companies)
- Stock Price: Around $439 currently
- P/E Ratio: 71x (high valuation reflecting growth expectations)
- Revenue: $27 billion in fiscal 2023
- Net Income: $4.4 billion in fiscal 2023
- Products: GPUs for gaming, data centers, AI, autonomous vehicles
- Estimated 10,000+ GPUs used to train ChatGPT model
- Strategic partnership with Microsoft on AI supercomputer in Azure cloud
- Key role supplying GPUs for AI training and inference
- Growth driven by AI/deep learning, data center, autonomous vehicles
- Well-positioned to benefit from AI advancements like ChatGPT
Perion Network (NASDAQ: PERI) – Key Data Points
Perion is a small-cap ad tech company with strategic partnership with Microsoft’s Bing search.
Key data points:
- $1 billion market cap
- Stock price around $30
- Revenue driven by search and ad tech
- Partnership provides Perion exposure to Bing and ChatGPT
- Revenue share model – benefits from Bing market share gains
- Trades at reasonable valuation – P/E of 17x
- Upside if new Bing powered by ChatGPT gains traction
Perion gives investors exposure to Microsoft and ChatGPT’s potential impact on search via its partnership with Bing. Stock could see significant upside if Bing gains share.
Buy Generative AI Stock ETFs
Another option is buying Exchange Traded Funds (ETFs) focused on generative AI stocks. For example:
- ROBT – ROBOTICS & AI ETF
- IRBO – iShares Robotics and Artificial Intelligence ETF
These ETFs invest in a basket of stocks related to artificial intelligence, machine learning, robotics, and automation. This offers broader exposure to the sector rather than just a single stock.
Also check this article: How To Use Uberduck AI Voice Generator
How Much Is ChatGPT Stock?
Currently, there is no ChatGPT stock price as it is not publicly listed yet. The private valuation of OpenAI was estimated at around $29 billion in 2022 based on private funding rounds.
We’ll have to wait for an IPO to know the actual ChatGPT share price. Some analysts predict OpenAI could go public in late 2023 or 2024. But the company has not officially commented on any IPO plans yet.
When Will ChatGPT Go Public?
There is a possibility that OpenAI and ChatGPT may go public sometime in 2023 or 2024 through an initial public offering (IPO). However, the company has not officially confirmed any timeline.
According to financial analyst Kelvin Ong, earlier in 2022 OpenAI was in talks with venture capital firms for a private tender sale of shares. If this private sale happens, it could value OpenAI at around $29 billion.
Such private share sales often act as a precursor to an eventual IPO. It helps set a valuation benchmark before listing publicly.
Also check this article: General Motors Explores Using ChatGPT into Its Vehicles
In January 2023, after Microsoft’s latest investment, OpenAI’s revenue is projected to reach $1 billion by 2024. With growing revenue potential, OpenAI may consider an IPO to raise additional capital for expansion.
But the company has plenty of cash reserves from private funding for now. When and if OpenAI decides to go public is speculative at this stage. Investors must wait for official confirmation of IPO plans.
Other Ways to Invest in ChatGPT’s Potential
Here are some other tangential ways investors can benefit from the generative AI boom sparked by ChatGPT, even before its parent company goes public:
- Invest in public AI and cloud stocks like Google, IBM, Amazon.
- Buy stock of companies partnering with or investing in AI startups.
- Invest in cybersecurity firms that focus on AI safety and responsible AI development.
- Look for investment opportunities in AI computing hardware and infrastructure companies.
The bottom line is that while you cannot buy direct ChatGPT stock today, there are plenty of other options to benefit from the rise of this potentially transformative technology.
Stay updated on any IPO announcements from OpenAI for the opportunity to invest in ChatGPT stock as soon as it goes public.
Also check this article: How To Fix ChatGPT API Rate Limit Errors?
FAQs about Investing in ChatGPT Stock
Is ChatGPT publicly traded?
No, ChatGPT is not a publicly traded company yet. Its parent OpenAI is still a private company.
What is OpenAI’s stock symbol?
OpenAI does not have a stock symbol since it is privately held.
When did ChatGPT go public?
ChatGPT has not gone public yet through an IPO. It is still a private company.
How can I buy ChatGPT shares?
You cannot directly buy ChatGPT shares right now. But you can invest in Microsoft stock or AI chip stocks to gain exposure.
What is the current ChatGPT share price?
There is no ChatGPT stock price available because it is not publicly listed.
Which stock will benefit from ChatGPT?
Microsoft (MSFT), Nvidia (NVDA), and other AI chip stocks can benefit from ChatGPT’s growth.
Conclusion
ChatGPT has captured the world’s attention with its advanced AI capabilities. However, since it is not a public company yet, you cannot invest in ChatGPT stock directly today.
But you have several options like investing in Microsoft, AI chipmakers, AI ETFs, and related stocks that allow you to gain exposure to the generative AI sector. OpenAI may go for an IPO in 2023-24, so stay updated for any direct investment opportunity in the future.
In the meantime, indirect investments let you participate in the upside potential of this rapidly evolving technology. As AI continues transforming industries, savvy investors have many ways to add AI exposure to their portfolio.
Last modified: September 16, 2023
