To The Moon

This emerging AI system can generate text answers directly to questions posed by users, with the most talked about being the ChatGPT chatbot developed by San Francisco-based OpenAI. $Alphabet(GOOG)$, $Microsoft(MSFT)$ and a number of startups, plan to embed artificial intelligence into search engines in a revolutionary way.

$Microsoft(MSFT)$ extend partnership with OpenAI

The massive popularity of OpenAI’s ChatGPT tool has generated a lot of excitement about the potential use cases for AI since it debuted late last year. Microsoft is investing$10 billion in OpenAI, which needs funding and cloud-computing power to run increasingly complex models. Microsoft said it plans to use OpenAI’s models in current and future products.

Microsoft has increased its investment in startup OpenAIas it aims to take on Google-parent Alphabet in internet search.

$NVIDIA Corp(NVDA)$ & $Advanced Micro Devices(AMD)$ provide software tool for AI

NVIDIA’s market share in AI processing is 80%, according to Omedia. Nvidia has been touted by Wall Street analysts as a beneficiary of greater investment in AI since it dominates the market for graphics chips that provide the computing power behind the software models. Its shares rallied 34% in January, Nvidia’s best month in almost six years.

Nvidia dominates the market for graphics chips designed for complex computing tasks needed to power AI applications. The more people use ChatGPT, the more computing power its owner OpenAI requires to generate responses to the millions of queries received from users.

$Advanced Micro Devices(AMD)$ may perform well in AI industry, particularly attributed to the robust demand for data center products. However, the recent hype for ChatGPT may also provide tremendous tailwinds to the company's recovery, due to the launch of its next generational chips for HPC and AI applications.

Data centers inherently play a critical role in the training of AI models, especially one as widely used as ChatGPT. The former provides the physical infrastructure required to store and process immense amounts of data and algorithms for AI training, such as speech recognition, machine translation, and text generation. The system allows the platform to understand, learn, and respond in a way similar to how a human would.

$Alphabet(GOOG)$ announces Bard A.I. in response to ChatGPT

Google on Monday announced an artificial intelligence chatbot technology called Bard that the company will begin rolling out in the coming weeks. Bard will compete directly with rival ChatGPT, an AI service created by OpenAI.

“Soon, you’ll see AI-powered features in Search that distill complex information and multiple perspectives into easy-to-digest formats, so you can quickly understand the big picture and learn more from the web: whether that’s seeking out additional perspectives, like blogs from people who play both piano and guitar, or going deeper on a related topic, like steps to get started as a beginner,” wrote CEO Sundar Pichai.

Baidu leaps to 11-month high as it reveals plan to launch ChatGPT-style ‘Ernie Bot’

$Baidu(BIDU)$ $BIDU-SW(09888)$

Shares of Baidu surged by more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot. The company said in a statement that its AI chatbot project will likely complete internal testing in March before being made public, and that it will be named “Ernie bot” in English or “Wenxin Yiyan” in Chinese.

“What distinguishes ERNIE from other language models is its integration of extensive knowledge with massive data, resulting in exceptional understanding and generation capabilities,” Baidu said.

Artificial intelligence stocks are rarer than you might think. Many companies tout AI technology initiatives and machine learning. Whenever a concept becomes hot, the capital market will always fluctuate dramatically and set off a crazy hype feast.

Digital media company BuzzFeed has not had a good year with shares plummeting. But in recent week, news emerged that the company plans to adopt the artificial intelligence program ChatGPT to assist in content creation, and the stock price had surged 300% in two days along with consecutive big gains.

Artificial intelligence software provider $C3.ai, Inc.(AI)$ is also in the spotlight, with C3.ai's shares falling sharply since its IPO more than two years ago. However, since C3.ai announced the integration of ChatGPT into its product in late January, the stock has soared, more than doubling since Jan. 5.

Are you bullish or bearish on the ChatGPT concept?

Which stock will be the winner?

Source: https://www.cnbc.com/2023/02/06/google-announces-bard-ai-in-response-to-chatgpt.html

https://www.cnbc.com/2023/02/07/baidu-shares-leaps-as-it-reveals-plan-for-chatgpt-style-ernie-bot.html