It’s the developer of the generative pre-trained transformer (GPT) AI models that power popular AI products like ChatGPT and DALL-E. There is no OpenAI stock symbol because it’s a private company that hasn’t yet made its shares debate continues over value of cryptocurrencies in covid available to the public via an initial public offering (IPO). Over the past two years, the company has been expanding its focus beyond research and, with the launch of ChatGPT, has taken a more consumer tech and enterprise revenue angle. There are two ways to exit your private company investment on EquityZen’s marketplace. The first is if the company has an exit event like an IPO, merger or acquisition.
How to Buy ChatGPT Stock in 2024
NVIDIA’s graphic processing units (GPUs) have become foundational hardware in AI training, including ChatGPT. In fact, Microsoft has said the supercomputer used to build ChatGBT used thousands of NVIDIA GPUs to power it, and rival companies are following suit. ChatGPT’s distributed computing infrastructure depends upon powerful servers with multiple graphics processing units (GPUs). High-performance Nvidia GPU chips are preferred for this application as they also provide excellent Compute Unified Device Architecture support. OpenAI raised US$11.7 billion over seven funding rounds from 2016 to April 2024.
Should You Invest in OpenAI?
Altman and OpenAI have denied there was such an agreement and that Musk was keen on an eventual for-profit structure. As mentioned in the intro, Microsoft is reported to be interested in participating in OpenAI’s rumored upcoming funding round as well. According to a February article from Reuters, OpenAI was valued at US$80 billion, meaning Microsoft’s US$10 billion move would be huge. However, as of late 2023 there were rumors that OpenAI has only received a fraction of that purported investment. Further improving on its product, in May 2024 OpenAI launched Chat GPT-4o, with the o standing for omni.
The launch of this tool — and its API — has ushered in a new wave of development in artificial intelligence all over the world. Invest in or calculate the value of your shares in OpenAI or other pre-IPO companies through EquityZen’s platform. Opinions expressed here are the author’s alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities. Thankfully, WiserAdvisor can match you with professional advisors in their network that they have vetted in advance. That said, OpenAI is becoming less dependent on Nvidia due to its involvement with Microsoft.
While we are independent, the offers that latest cryptocurrency news today appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site.
WSJ reports that the minimum investment required to review OpenAI’s financial documents was $250 million. In June, OpenAI hired its first chief financial officer, Sarah Friar, who played an important role in organizing this funding round, according to the WSJ. OpenAI is an AI research and deployment company that develops advanced AI models, including ChatGPT. The content on this site is for informational and educational purposes only and should not be construed as professional financial advice. Please consult with a licensed 13 best sql server dba developer jobs hiring now! financial or tax advisor before making any decisions based on the information you see here.
The lab also offers other products like Dall-E, an AI system that can create images and art from a text-based prompt, and Sora, a text-to-video generator. In October 2024, the company raised $6.6 billion — the largest VC round ever — at a valuation of $157 billion. But as more investors want to hop aboard OpenAI’s train to AGI town, switching to a fully for-profit company has now become a key part of that plan. Some or all of the card offers that appear on the WalletHacks.com are from advertisers and may impact how and where card products appear on the site.
- NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances.
- If you don’t feel comfortable buying Microsoft stock, you can also purchase an S&P 500 or total market index fund.
- Its products include the GPT series of language models, which are used in various applications across different sectors.
- If they do decide to raise capital via an IPO, then OpenAI will become available via your brokerage or trading app.
Step 3: Fund your account
Stock selection is one of the biggest challenges for investors of individual stocks. In response to that, an entire industry of investment advisories has grown up over the years. One of the most popular investment advisory services of the past two decades has been Stansberry Research. You can purchase individual shares of MSFT in a brokerage account or an IRA.
“OpenAI wants people to start innovating using the chatbots and creating special chatbots,” Hod Lipson, an engineering and data science professor at Columbia University, told CNBC. The ChatGPT 3.5 platform is free to use, and can be accessed via the web. Those with an iPhone or iPad can also use ChatGPT through an app, and an Android version launched in July 2023.