Rising Generative AI Stocks to Consider as ChatGPT Skyrockets
The launch of OpenAI’s ChatGPT has stirred interest in AI stocks, particularly in generative AI technology. ChatGPT, a chatbot application, utilizes machine learning to mimic human conversations, offering potential across sectors like marketing, security, and healthcare. Reid Menge of BlackRock Technology Opportunities Fund sees immense potential, comparing ChatGPT’s capabilities to the human brain.
Grand View Research forecasts strong growth for the generative AI market, reaching $109.37 billion by 2030. While direct investment in OpenAI is unavailable, several tech stocks provide exposure to the expanding generative AI…