Investing in ChatGPT? Not so fast! While ChatGPT may be making waves in the artificial intelligence (AI) landscape, it’s important to note that the company is not publicly traded. As a result, there is no ChatGPT stock available for purchase. But fear not! There are still some indirect ways to get involved in the ChatGPT phenomenon.
Investing in Microsoft: Partnering with the Powerhouse
Microsoft (Nasdaq: MSFT) is a technology giant that has had a strategic partnership with OpenAI, the company behind ChatGPT, since 2019. Microsoft has been a significant investor in OpenAI, pouring billions of dollars into the AI start-up throughout its history. By investing in Microsoft, you indirectly gain exposure to the potential growth of ChatGPT.
Perion Network: Exploring the Ad Tech Landscape
Another indirect opportunity to invest in the world of ChatGPT is through Perion Network (Nasdaq: PERI), a small-cap ad tech firm. Perion Network connects advertisers and publishers to optimize ad placement and inventory, benefiting both parties involved. While not directly related to ChatGPT, investing in Perion Network allows you to tap into the broader AI and technology ecosystem.
Partnership Power: OpenAI’s Collaborations
ChatGPT is not alone in its journey. It has partnered with several renowned companies that contribute to its growth and influence. These include Accenture, Amazon Web Services, AMD, Apple, Aruba (a Hewlett Packard Enterprise Company), AT&T, Broadcom, and Cisco Systems. These partnerships highlight the versatility and potential impact of ChatGPT in various industries.
Additionally, OpenTable, a prominent restaurant tech company, has joined forces with ChatGPT to provide personalized restaurant recommendations. This collaboration showcases the application of AI in enhancing the dining experience.
Funding Success: OpenAI’s Latest Ventures
OpenAI, the company responsible for creating ChatGPT, has witnessed remarkable funding success. In its latest funding round completed in April 2023, the company raised over $300 million through a share sale. This boosted OpenAI’s valuation, placing it between $27 billion and $29 billion. This funding round attracted significant interest from outside investors, who now own more than 30% of the company.
One of OpenAI’s most prominent investors is Microsoft, which reportedly invested a staggering $13 billion in the AI start-up. This substantial investment further solidifies the strategic partnership between Microsoft and OpenAI.
Ownership and Backing: A Diverse Group of Investors
OpenAI is owned by a group of esteemed investors, each bringing their expertise and resources to the table. Microsoft, Khosla Ventures, Reid Hoffman, Sequoia Capital, Tiger Global Management, Andreesen Horowitz, Bedrock Capital, Founders Fund, K2 Global, and Thrive Capital are among the prominent stakeholders in OpenAI.
It’s worth noting that Microsoft’s investment in OpenAI has been substantial, with reports indicating a $13 billion commitment. This level of support has helped propel OpenAI’s valuation to approximately $29 billion, showcasing the growing recognition and potential of the company.
Benefits of Investing in Microsoft:
Diversified Technology Portfolio: Microsoft is a technology powerhouse with a diverse portfolio that spans various sectors, including cloud computing, software, hardware, and artificial intelligence. Investing in Microsoft provides exposure to a range of cutting-edge technologies, including their strategic partnership with OpenAI and the potential growth of ChatGPT.
Stability and Growth:
Microsoft is a well-established company with a long history of success. It has demonstrated consistent growth over the years and has a strong financial position. This stability can provide investors with confidence and a solid foundation for long-term investment.
Cloud Computing Dominance:
Microsoft’s Azure cloud computing platform is one of the leading players in the industry, competing with Amazon Web Services (AWS). As ChatGPT and other AI technologies continue to evolve, cloud infrastructure becomes crucial for their deployment and scalability. Microsoft’s strong presence in the cloud market positions it well to benefit from the growth of AI and ChatGPT.
Benefits of Investing in Perion Network:
Ad Tech Exposure:
Perion Network operates in the ad tech space, which is a growing industry that leverages AI and data analytics to optimize advertising campaigns. As AI technologies like ChatGPT advance, they have the potential to disrupt and improve the advertising landscape. Investing in Perion Network allows you to tap into this evolving industry and potentially benefit from its growth.
Perion Network’s involvement in the ad tech sector provides opportunities for strategic partnerships and collaborations with AI companies like OpenAI. By investing in Perion Network, you gain exposure to potential synergies and advancements in AI-powered advertising, including the application of ChatGPT and other AI models in targeted marketing campaigns.
Perion Network focuses on leveraging technology to enhance digital advertising efficiency and effectiveness. As AI continues to shape the future of advertising, Perion Network’s technology-driven approach positions it well to adapt and innovate in this evolving landscape. Investing in Perion Network allows you to participate in the potential growth and success of AI-powered advertising solutions.
FAQs about Investing in ChatGPT
Can I directly invest in ChatGPT?
No, ChatGPT is a private company that only attracts private funding from renowned investors. As a result, it is not possible to invest directly in ChatGPT.
How can I indirectly invest in ChatGPT?
By investing in companies like Microsoft and Perion Network, which have strategic partnerships or connections with OpenAI, you gain exposure to the ChatGPT phenomenon indirectly.
It’s important to conduct thorough research and consider your investment goals and risk tolerance before making any investment decisions. Consulting with a financial advisor can provide personalized guidance based on your specific circumstances.