Can i invest in Chat gpt 3 on NYSE right now?

If you are looking for a stock on NYSE to invest in Chat gpt or OpenAI, then there is no direct stock or scrip to invest for both OpenAi or Chat gpt. But here is how you can be indirectly invested in its success.

Open AI is a research and AI-based development company which is not officially listed on NYSE or any other stock exchange. But you can easily invest in one major company that is deeply invested in its success.

Microsoft (NYSE: MSFT)

As per report, Microsoft has a major $1 billion investment in the Open AI project. Some sources claim Open AI is projected to make $200 million by 2023 and $1 Billion by 2024. If this comes to be true, the success will surely translate into gains for Microsoft investors. Open AI was recently valued at $20 billion in the secondary sale of its share. interestingly OpenAI is following a “capped profit” structure that limits the return to its investor by a maximum capping limit. However the maximum limit, in this case, is a whopping 100X. That’s not all, Microsoft is further looking to expand its investment in the Open AI project, which is more likely to be accepted as Microsoft is not just a key investor in the project but also adds computing power to Open AI.

While the return on investment is one big component Microsoft also aims to gain in terms of AI know-how for many of its projects through this project. If that comes true Microsoft could well be the first mass product to take AI to every home. To fuel up this expectation, there was a recent statement by Brad Smith, Microsoft President made a statement with Reuters “It’s going to be extremely important not just for Microsoft’s future, but for everyone’s future”.

OpenAI in a very short time has shown some amazing prospects. After being founded by Elon Musk and Sam Altman in 2015. It has made some mind-blowing innovations. If you haven’t yet. Then check out DALL-E, an AI tool that creates a realistic image based on written user prompts. Try that for your next NFT project. Then is the CodeX, its a savior for many coders out there who are looking for some beginner’s help with their project. and finally, Chat gpt3. In a very small time, Chat gpt has become a go-to tool for many professionals for ready content that can be used for everyday tasks.

So is Open AI the only reason to invest in Microsoft? Here are quick few reasons why you can expect much more on your investment in Microsoft

1. Microsoft is slowly taking on the cloud computing space just next to Amazon with 22% market share as of October 2022.
2. Microsoft is investing with Qualcomm to build its Smart glasses.
3. Microsoft is planning to take on Activision to make a major domination in the gaming market.
4. Microsoft acquired Nuance, an AI-based voice recognition software to give them an edge in healthcare.
5. Plus Microsoft’s share price is among rare tech companies that have not seen a major decline this year. In fact the stock recently rose $239 by the end of December 2022, clearly indicating that the investments made in 2022 are to boon a great impact in the new year.

We intend to early invest ideas on this blog and this stock is definitely not one of that hidden gen, but this surely is an early opportunity to gain some considerable fundamental returns in the times to come.

Author’s note: We intend to make readers aware of early investing ideas through our research and make them aware of potential investing opportunities. Please perform due diligence before investing your hard-earned money. We hope this article will help in the research.