OpenAI has changed the game for artificial intelligence across the world. OpenAI’s ChatGPT has raised the bar for AI capabilities in the industry. Before, ChatGPT OpenAI’s DALL-E, an image-generating tool, had gained major recognition in the AI world.
With such high demand among the public and tech world, people are eager to invest in OpenAI. But the main question that arises for everyone is, Can you invest in OpenAI? Is OpenAI Public? What is the stock for OpenAI?
Let’s find out…
Is Openai is Public or Private Company
OpenAI is a Private AI company. Therefore, OpenAI doesn’t have any shares available for public trading. Until OpenAI has an IPO (Initial Public Offering), shares won’t be available for public purchasing.
Is Openai Publicly Traded?
No, OpenAI is not publicly traded. Up till late January 2023, there are no current plans for OpenAI IPO. But the Wall Street Journal reported, the AI lab is in talks with venture capital firms to sell about US$300 million worth of shares in the company.
Will Openai Go Public
Currently, there is no information available on whether OpenAI will go public or not. As OpenAI requires an IPO (Initial Public offering).
Can You Invest in OpenAI Lp?
OpenAI is the sole controlling shareholder of OpenAI Lp. Even though OpenAI Lp is a for-profit organization, it retails a formal fiduciary responsibility to OpenAI Inc. Therefore, you can’t invest in OpenAI Lp directly until OpenAI is a private company.
Investors will only be able to invest in OpenAI when the company goes public. However, you can invest in collaborated and partnered companies of OpenAI and gain exposure indirectly.
What is the Stock for Openai?
There is very limited information available on OpenAI’s financial data, therefore, the stock price chart of OpenAI is not available. But, according to analysts’ estimation, OpenAI is worth about $20 billion as of 2022.
The organization started with seed funding of Elon Musk and his partner’s $1 billion. However, since then OpenAI’s firm valuation hasn’t been established. Even though the analysts estimate about $20 billion, no funds were raised for valuation.
If OpenAI raises its funds again, or files for an IPO, then its valuation might be released publicly. But until OpenAI is publicly traded, OpenAI’s stock price chart won’t be available for viewing.
Can You Buy Openai Stock?
No, Open AI is a private corporation, therefore you can’t buy OpenAI’s stock presently. OpenAI needs to go public through an IPO, for investors to buy shares OF OpenAI.
Until then, Investors can only purchase those companies’ stock that is publicly traded and listed in the stock sheet. However, you can purchase stocks of publicly traded companies like Microsoft, Amazon, and Infosys with some exposure to Open AI stock.
How to Buy Open Ai Stock in 2023
OpenAI is a private company, so you can’t directly purchase its stock. However, you can invest in OpenAI through an indirect approach and gain exposure.
OpenAI includes various partnerships and collaborations with other companies; stocks of OpenAI can’t be purchased as the company is private.
However, you can gain exposure to OpenAI’s success by purchasing the stocks of these collaborating companies such as Microsoft.
Nvidia’s GPUs have trained all the GPT-3 models. It is an advanced hardware and software infrastructure for AI, so, there is a high chance of value increase as the industry progresses.
You can also invest in competitors to OpenAI which might be an attractive option. Google’s DeepMind is an advanced AI company with models that rivals GPT3.
Also, if you want to invest in an industry for a while, then you can invest in Google’s parent company Alphabet.
However, it’s important to know companies like Microsoft, Google, and Nvidia contain massive exposure to OpenAI. These companies contain a massive revenue of billions of dollars.
So, the moment you invest in these companies, you are purchasing way more than just Artificial intelligence, so make sure you are purchasing the stocks after knowing the entire business of the company.
Does Openai Launch Ipo
By January 2023, there were no visible plans for OpenAI IPO on the horizon. However, on 5th January, it was reported by the Wall street journal that AI labs were in talks with a venture capital firm to sell about $300 million worth of shares in the company.