Stocks to buy

How to Invest in ChatGPT? You Can’t. Here Are 3 AI Stock Alternatives.

How to invest in ChatGPT is a difficult problem to solve, but if you’re looking for ideas on investing in ChatGPT, you’ve come to the right place.

ChatGPT is AI technology that enables natural conversation between people and machines. ChatGPT uses a deep learning model to understand user intent through text or voice, enabling machines to interpret human-like conversations.

By predicting the next logical response, ChatGPT allows users to interact easily with machines while providing real-time feedback to create an enjoyable experience.

ChatGPT’s natural programming language has allowed humans and machines to collaborate in ways that weren’t possible until now. ChatGPT is revolutionizing how people and machines interact, making communication more human-like and intuitive.

If you are interested in finding out how to invest in ChatGPT, the only way to go about it is through AI stocks. While the company itself is not listed on the stock exchange, many other options are available to investors.

Investing in AI stocks might not be a direct route to investing in ChatGPT, but it is still a viable option for those looking for a way into this promising technology sector.

AI stocks have become increasingly popular over recent years as investors look for ways to gain exposure to innovative technologies and companies in an ever-expanding global market. In doing so, investors can benefit from advances in artificial intelligence research and take advantage of the latest trends.

NVDA Nvidia $176.96
CRM Salesforce $148.71
IBM IBM $145.08

Nvidia (NVDA)

Source: Shutterstock

After seeing the potential of AI several years ago, Nvidia (NASDAQ:NVDA) made a sound decision to position itself in the right place at the right time.

Its graphics chips have become an industry standard. They can handle both the energy-demanding training and the less energy-demanding inference phases of machine learning.

Nvidia’s expertise in AI, deep learning, and computer graphics is crucial for developing autonomous vehicles. As complex as these cars are, Nvidia provides the perfect combination of device-side computing and cloud infrastructure for self-driving scenarios. This allows automakers to achieve higher throughput, improved safety levels, and lower latency when operating on the road.

With its advanced sensor technology, Nvidia is a leader in autonomous driving.

Nvidia continues to be a frontrunner in the graphics card industry. It is positioned strongly as an innovator in the area of AI technology. As more companies explore ways to integrate AI into their business operations, more specialized processors designed for AI appear on the market. It’s a great starting place for investors who were wondering how to invest in ChatGPT.

Salesforce (CRM)

Source: Sundry Photography / Shutterstock.com

Salesforce (NYSE:CRM) has revolutionized customer relationship management, or CRM, through its AI tools, designed to fit right into the existing platform.

Einstein AI powers the underlying technology and can help companies take their approach to customer relationships to the next level. Companies don’t need external solutions; the AI tools are already built-in, making them easily accessible and customizable for unique business needs.

By leveraging the power of AI, companies can ensure that their customer relationships remain smoothly managed, friendly, and productive.

Salesforce has been one of the most successful tech companies in recent years. From 2004, when it went public, until 2022, its annual revenue exploded from $176 million to a massive $26.49 billion — an impressive 34.3% CAGR. 

IBM (IBM)

Source: Twin Design / Shutterstock.com

IBM (NYSE:IBM) has been at the forefront of AI research and development for a long time. Over the years, they have invested heavily in researching and developing new AI applications. One of their most notable projects is Watson, an AI supercomputer that can accurately answer complex questions.

IBM has also created a range of AI-based products, such as its natural language processing service, Watson Conversation, which helps businesses better understand customer queries. IBM’s commitment to AI research and development shows no sign of slowing down anytime soon.

With advanced capabilities in cloud computing, analytics, security software, blockchain, and other cutting-edge technologies, IBM is well-positioned to capitalize on the current trend toward AI solutions across many industries. For investors looking for a solid stock, IBM is worth considering.

On the publication date, Faizan Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio.

Articles You May Like

TM Stock Alert: What to Know as Toyota CEO Steps Down
GDP report could show solid fourth-quarter growth but still signal a recession is coming, economists say
7 Penny Stock REITs With the Highest Dividend Yields
Why Now Is NOT the Time to Buy Arcimoto (FUV) Stock
7 A-Rated Stocks to Buy for Less Than $25