Are you a tech enthusiast planning to buy OpenAI stock? No wonder the growing concept of AI drew the attention of investors. Game-changer AI software has beaten humans at content writing, graphic designing, and video gaming. OpenAI is well known for the AI text generator ChatGPT (GPT-3.5 and GPT-3.5 ).
According to OpenAI analysis, AI users increased to 160% after February 2023. We can create realistic images, write content, and code better than humans. The most amazing key feature of OpenAI is ChatGPT, which has approximately 100 million users. Indeed, investing in OpenAI stocks will be the best investment shortly.
You must read the previous history and fluctuation charts of OpenAI stocks before investing. Proper information on OpenAI stock’s price and other trading news is also necessary for a successful purchase. So, sit back and dive into the world of OpenAI!
Table of Contents
What is OpenAI?
OpenAI is the hottest topic of discussion for investors. But before buying OpenAI stocks, you must understand what OpenAI is. It is an American research company and laboratory. Their basic purpose is to help humans in researching and learning.
There are two different concepts. A non-profit OpenAI corporation and a profitable OpenAI company. You cannot invest in a non-profit organization. So here comes the second option: for-profit OpenAI (IPO).
Can I Buy OpenAI Stock?
If you have checked the stock trading app, there is no OpenAI stock symbol to buy because openAI is a privately held company. According to OpenAI’s CEO Sam Altman, they have no plans for an Initial public offering. After this statement, there is no chance to buy stocks.
We believe that everything has an alternative. Here comes our solution. There are a lot of ChatGPT competitors offering you to buy their stocks. Let’s deep dive into the buying guide of the OpenAI stocks market:
How to Buy OpenAI Stock?
The most straightforward answer to this most-asked question is No. Unluckily, you cannot directly invest in OpenAI. There are some indirect methods of investing in OpenAI stocks.
Following are some better options for indirect investment in AI:
- Microsoft
The best indirect way to invest in OpenAI stock is MSFT. After the great success of ChatGPT, Microsoft announced its own AI projects. Microsoft invested a multi-billion dollar with OpenAI in 2023. This was a mega project between two giant sharks. If you plan to buy OpenAI stocks, we recommend you invest in Microsoft’s AI stocks (MSFT).
Following are 2 best projects of Microsoft and OpenAI:
2. Azure:
A cloud company under Microsoft. It is used for management and different app developments. It provides access to global data centers.
3. Bing:
This project was established in 2009. It works just like a search engine. Bing is available in 40 different languages.
Investing in Microsoft’s AI stocks is an excellent opportunity for you. The company is 100% appropriate and trustworthy.
4. IBM
IBM is a famous tech company. The company has been working since 1911. The best part of IBM is its Watson program. The user asks the question as input, and it provides the answer as output.
IBM comes with approximately $128 billion in market shares, including it as the top AI stock Company. Experts are hoping for an increase in IBM’s stock prices. You should also consider investing in IBM’s OpenAI stocks.
5. NVIDIA
If you are uncomfortable investing in Microsoft or IBM, consider NVIDIA (NVDA). It is a hardware and software company working since 1993. This is the largest microchip manufacturing company.
NVIDIA also invested a hefty amount in artificial intelligence. The company has been generating profitable revenue in OpenAI stocks since 2023. The company continuously invests in the healthcare and tech sectors with a merger of AI. The experts are hopeful to see an abrupt rise in NVIDIA’s stocks.
6. Alphabet
The latest innovation in machine language changes everyone’s perception. With the growing concept of AI, google also made a heavy investment in OpenAI stocks. Google introduced its Alphabet Company with a merger of AI in 2019. The restructuring of Google makes the company.
Alphabet stocks (GOOG) are also a good option to invest. For all those looking to invest in OpenAI Stock, we suggest buying GOOG.
How to Buy OpenAI Stocks
This stock is not for public selling. But you can buy AI stock by indirectly investing in the mentioned companies. Here are some basic steps to follow for purchasing indirect stocks:
Open a Brokerage Account
Opening an account is the first step to buying a national or international stock. For buying OpenAI Stock, we recommend you open a brokerage account. A brokerage account works by selling and buying stocks on behalf of companies. You just have to pay a minor tax on your brokerage account.
Search for OpenAI Stocks
The next step is searching for the best stock for your investment. First, you must spend time understanding tech trading and the market.
Choose the Stocks to Buy
After the research, your homework on OpenAI Stocks is complete. Now you know the companies offering AI stocks. It’s time to choose the company to invest in wisely. It should be Microsoft, NVIDIA, Amazon, or any other that is successful in the future.
Place Your Order and Deeply Monitor Your Stock’s Prices
After choosing the right company, place your order. Once you buy your stocks, you must stay updated about your company’s stock rates.
Trade wisely
It’s not only about buying stocks. You have to trade wisely. Monitor the progress of different companies. And invest accordingly.
Conclusions
This article covers the OpenAI Stock, the most standard leader in generative artificial intelligence. This emerging AI technology plays a significant role in many aspects of this new era of society. OpenAi is a privately held company without stock availability for public trading.
OpenAI is standing out in AI innovation. But you can’t buy its stock directly. Some other alternatives like Microsoft, IBM, NVIDIA, and Alphabet are available for stock buyers and investors – Let’s explore above and check how AI is pushing the boundaries of artificial intelligence.