How to Buy Open AI Stock? 2024 Step-by-step

After deciding on the number of shares to purchase, navigate to your brokerage platform and place an order to buy OpenAI stock. You’ll need to input the stock symbol for OpenAI, which is currently not available for public trading. OpenAI is a private company, and its stock is not publicly listed on a stock exchange. However, you may consider keeping an eye out for any future initial public offering (IPO) announcements from OpenAI, which could provide an opportunity to buy its stock. Getting involved in private equity investments related to OpenAI or AI-focused start-ups could bring substantial returns when these companies go public or get acquired by larger corporations.

This makes it a valuable tool for various applications like customer support, virtual assistants, and more. While the company has released no official figures, industry analysts estimate that Microsoft’s 2023 investment in OpenAI could amount to around $10 billion. Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle. OpenAI is a non-profit artificial intelligence research company that discovers the path to safe artificial general intelligence.

Sign Up For Daily Newsletter

Microsoft’s Bing search engine uses GPT-4, the most advanced AI large language model (LLM) released by OpenAI so far. The « new » Bing initially caused a stir with its sometimes bizarre responses, leading Microsoft to take steps to minimize the odd replies. Then came the firestorm created by the launch of the AI chatbot ChatGPT in late 2022.

• India-based information technology (IT) consulting company Infosys (INFY 1.52%) was one of the earliest investors in OpenAI.
• To understand why investing in OpenAI stock is impossible, you must understand the difference between privately owned and publicly owned companies.
• Japan, Brazil, and Colombia also feature in the top five countries by user base.
• OpenAI is a privately held company involved in artificial intelligence (AI) research and the development of commercial products based on AI technology.

But while OpenAI doesn’t offer a pure-play investment opportunity, investors can get indirect exposure to this company. In fact, you’re already investing in OpenAI if you have S&P 500 index funds. With Equitybee, accredited investors can gain investment access to high-growth, venture-backed startups before they IPO by funding employee stock options. Another way to gain exposure to the AI industry is through exchange-traded funds (ETFs) focused on technology and artificial intelligence. ETFs are investment funds that track the performance of a specific industry or group of companies. Some popular AI-focused ETFs include Global X Robotics & Artificial Intelligence ETF (BOTZ), ROBO Global Robotics and Automation Index ETF (ROBO), and ARK Autonomous Technology & Robotics ETF (ARKQ).

NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues.

In early 2019, Open AI LP received a $1 billion investment from Microsoft, which is by far the largest contribution from any company. GPT-3 is licensed exclusively to Microsoft and its Azure cloud service. 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.

NASDAQ: MSFT

Online brokers offer commission-free stock and ETF trades and allow you to invest from the comfort of your living room. As more companies adopt OpenAI’s various products, the increased revenue will appeal to investors searching for profitable companies. OpenAI is a for-profit technology company that is most famous for producing the ChatGPT chatbot and Dall-E image creator. The company launched in 2015 but didn’t become a household name until 2022 when ChatGPT went viral, and millions of people began using the service for various applications. OpenAI is a California-based artificial intelligence research organization led by tech entrepreneur Sam Altman. It’s the developer of the generative pre-trained transformer (GPT) AI models that power popular AI products like ChatGPT and DALL-E.

Microsoft is the market leader in enterprise software

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. It also provides the best “entire package” of AI-enterprise products, complete with hardware, software, and supporting services. Its data center revenue growth surged $14.5 billion last quarter, up 281% YoY.

OpenAI

That supports the idea of Microsoft being the software company best positioned to monetize AI, and the company is leaning into that opportunity with new copilot products. But you can buy stock in OpenAI partners like Microsoft and chipmakers Nvidia and AMD that power advanced AI systems. Stay up-to-date on financial reports, product launches, partnerships, and other news. Based on your strategy and risk tolerance, determine appropriate position sizes for your AI investments. Deposit funds into your Fidelity brokerage account that can be used to purchase stocks and ETFs.

For increased exposure to tech companies, consider a Nasdaq 100 index fund. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.

Microsoft is planning to sell each Office Copilot subscription for $30 per month, on top of existing prices. Assuming this increases employee productivity, even by just a few percentage points, these will be no-brainer investments for businesses. If you don’t qualify as an accredited investor, skip to the following chapter, which is for retail investors. Fortunately, you don’t need to wait for it to go public to invest in OpenAI and ChatGPT. But the best approach depends on whether you are an accredited investor or a retail (regular) investor.

No part of the writer’s compensation was, is, or will be directly or indirectly, related to the specific recommendations or views expressed in this article. OpenAI has raised $12 billion over seven funding rounds, according to Dealroom.co. The most recent funding round wealth by virtue was in January 2023 and left the company valued at an estimated $29 billion. One report suggests that Chat GPT alone spends $100,000 daily on cloud computing alone. Pricing is based on a token system that allows users to pay for the amount of computing power they use.

Jonathan is an experienced data analyst with a keen interest in technology. He has worked with hedge funds, cryptocurrency exchanges, and AI research firms. He has education in finance from the Canadian Securities Institute and is a lifelong student of economics.