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AI developments are democratizing access to the tools that were traditionally only available to big finance, but how useful is ChatGPT for investors?
AI developments are democratizing access to the tools that were traditionally only available to big finance, but how useful is ChatGPT for investors?


The next great leap forward is here, and it’s artificial intelligence (AI), with Open AI’s ChatGPT leading the charge. ChatGPT has already proven itself able to pass the bar, provide accurate diagnoses to patients, and even write entire applications, which made me wonder: Could ChatGPT help me make better investment decisions?

Why am I asking this obvious, but important question? Well, AI has gained traction with hedge funds and the banking industry who use it to analyze vast amounts of data to make better trading decisions and optimize their portfolios.[1]

If publicly available artificial intelligence can replicate this, smaller retail investors could possess the same edge that the whales of finance have enjoyed for many years, without requiring the ability or technical background necessary to use and understand these specialized in-house banking tools.

Heck, this is a big part of why JP Morgan has reportedly begun work on making their own ChatGPT-like tool, IndexAI — though there are scant details about who will actually have access to JP Morgan’s newly developed tool or when it will be released.[2]

So in the meantime, I’ve decided to take a look at whether ChatGPT could do the job.
Let’s dive in, starting with a brief breakdown of what ChatGPT actually is…

Large Language Models — the Next Generation of AI Tools

ChatGPT and other tools like it are Large Language Models (LLMs), which is a type of artificial intelligence model designed to generate human-like text. LLMs can be used for everything from writing assistance to creating code. These models are all trained on extremely in-depth amounts of data, which enables the AI tool or App to understand the statistical patterns of language and create convincing replies.

The most famous of these, OpenAI’s ChatGPT, has captured the public imagination because it is able to sound very human. However, it’s important to remember that these models don’t actually understand data in the same way that a human does — it simply uses its built -in algorithm to predict what a convincing response would be based on the question asked of it ‘by a human.’

To give you an idea about how this works, ChatGPT was created in three phases:

  1. Pretraining: In this phase, the model is taught to predict the next word in a sentence. To achieve this, it uses a vast collection of text gathered from the internet and uses this information to “learn” how to respond.
  1. Fine-Tuning: Once it has the basics down, the next stage is to bring human reviewers in who rate the model's output. The model can then use this feedback to fine-tune its responses and become increasingly accurate.
  1. Generation: This is the final stage. Now you can ask the model questions, and it can generate a series of tokens, which represent words, one after another. It uses statistical patterns learned during training to predict the most likely token to follow the previous ones. It repeats this process until it generates a full response.

This kind of approach has been used for some time. For example a more rudimentary precursor to LLMs, Statistical Machine Translation (SMTs), has been used in machine translation since as early as 1990 and improved upon by Google in 2007 with the release of Google Translate.[3] However, OpenAI has been able to take relatively niche tools and convert them into something with mass appeal with ChatGPT.

Why? Because the tool is so versatile compared to previous iterations of LLMs, and ChatGPT has given OpenAI the perfect advertisement for what AI can do to help ordinary people potentially revolutionize their lives.

How Can ChatGPT Help Investors?

This brings us neatly to our next ultimate question: How can ChatGPT help you as an investor? Well there are a few ways that it can enhance your investing decision-making process. We’ll go through three uses, with examples, and walk you through how you can use ChatGPT to help you make possibly better investment decisions.

What Are the Limitations of ChatGPT?

Before we jump into what ChatGPT can do, I’d like to explain a couple of limitations of the tool. The first thing to keep in mind is that ChatGPT is not a specialized financial AI, nor meant to replace your financial advisor right now. It does a good job despite this, but it occasionally makes errors, and if you don’t use a critical human eye, its confident tone might catch you out.

The second limitation is the September 2021 cutoff date. This means that ChatGPT does not have access to any information after that date and will not be able to interpret the market conditions surrounding a stock today — just the raw data that you give it up to this specific date mentioned..

Finally, it’s important to note that there are two versions of ChatGPT available today. There is the free 3.5 model, which is faster but a little bit more basic than the paid 4.0 version. ChatGPT 4.0 is generally considered to be more sophisticated, but you will need to pay $20 a month for the privilege.

In each of the following examples, I will explain which model I have chosen to use and why, as well as provide a link to an actual conversation, so you can check it out for yourself.


Warning: ChatGPT is not a dedicated financial analyst tool, and its results should always be verified with further research on your part or to be discussed with your financial advisor. ChatGPT should not be taken as a replacement for a licensed financial advisor.

Information Aggregation

One of the simplest ways that ChatGPT can help investors is in information aggregation. Let’s say that you have just received a lengthy financial report and quarterly report from a company you like, for example, let’s say that you wanted to understand the implication of’s (NASDAQ: AMZN) quarterly earnings report and what it might mean for the long-term health of the company.[4]

Now this is a big file — too big to give to ChatGPT in a single conversation due to the character limit. To get around this, I used a Google Chrome extension (found here) to upload it directly to ChatGPT 3.5. Once the file was uploaded, it provided me with the following summary:

ChatGPT then returned the following:


Now this in itself is useful. We’ve boiled down a fairly long, complicated document into a series of bullet points. But what if we wanted to save ourselves some trouble and ask ChatGPT for its recommendation based on that information? Well, to do that, I gave it the following prompt:

I specifically worded it this way so that ChatGPT takes on the “role” of a financial assistant, which makes it more likely to output useful information. Its response follows:


Now this is a good start. It explains the basics of the report in context but also highlights some potential areas for further consideration. In general, with my background knowledge of AMZN, this looks good and makes me want to do some further research.

You can find the chat here.[5]

Analyzing Financial Data

We’ve decided that we’d like to know more about AMZN, so the next step is to get some recent financial data. You’ll probably have your own way of doing this. In this case, I grabbed a CSV file with historical data for the past six months for AMZN from Yahoo Finance, and then used the extension I installed earlier to upload it to ChatGPT 3.5. (In my experience, ChatGPT 3.5 tends to be a little more direct when performing calculations.)

Once again, it gave me a solid summary:


I then entered the following prompt:

The results were surprisingly accurate given that ChatGPT was not specifically trained in financial analysis. It correctly calculated Amazon’s Relative Strength Index (RSI) and provided an explanation of how to do so yourself in the future.


ChatGPT’s assessment that Amazon may be overbought is likely correct. If I wasn’t interested in buying AMZN stock for other reasons, I would probably take a wait and see approach before jumping in, and keep an eye on the stock’s RSI for the next few months.

You can find the whole chat here.

As a Learning Tool for New Industries

Now let’s look at something a little different. Let’s imagine that you want to invest in a more specialized industry, for example rare earth elements. Well let’s take a look at a company highlighted in Carl Delfield’s Rare Earth Elements article from early May on Financial News Now: Lynas Rare Earth Limited (ASX: LYC / OTC US: LYSCF).

Specifically, you understand that the value of LYC, and other similar companies, lies in the deposits they have claim to. So you decide to look at the table deposit and are confronted with this:


Now for a moment, let’s assume that you don’t have a background in geology (I don’t!), that the term “Rare Earth Oxides” means nothing to you, and that the large collection of elemental symbols that follow make about as much sense as Egyptian hieroglyphics. This is where ChatGPT can come to the rescue.

I used ChatGPT 4.0, as it is typically better at providing succinct explanations, and pasted the following prompt:

ChatGPT processes this for a moment, and then gives us a breakdown of all the mineral elements cited:


And then explains what these elements are used for:

Before finally giving me the “explain it like I’m five” explanation:


Now, what it’s not done is give me any insight into what the figures mean, so I’ll ask it to do so:

And the answer it gives me is surprisingly insightful:



This is actually very useful and puts a relatively small amount of data in context without us needing to have any in-depth experience about the rare earth elements industry. However, one phrase jumps out at me: “Considering that Mt Weld is one of the highest-grade rare earth deposits in the world…”

Now, we (hypothetically) don’t know much about REEs, but we do know that statements like this require some scrutiny, so let’s ask ChatGPT how it came to that conclusion:


Alright, that’s convincing, and gives us some pretty useful context, but let’s do a bit more due diligence and check whether Google agrees —  and it does. I’ve found three separate sources that corroborate what ChatGPT is saying.[6] [7] [8]

The example I’ve given above is fairly niche, and you should always exercise critical thinking when using ChatGPT. And, if you’re a newcomer, ChatGPT can help to turn days of research into a matter of an hour or two and give you a solid basis for whether the company you’re looking at is really onto something or not.

Once again, you can find the chat here.

ChatGPT Is Useful, but It’s Not a Silver Bullet

As you can see from these tests, ChatGPT is a powerful tool to aid your decision-making, but it can’t replace your own critical thinking. When I use it, and I do use it regularly, I think of it as having an assistant with a wealth of knowledge that I can tap into…  Ultimately streamlining my research and analysis process.

I think that ChatGPT 4.0 in particular is useful as a learning tool, especially for new investors or newcomers to a particular industry. It is good at taking relatively complicated information and making it understandable.


Important Tip: When dealing with ChatGPT, it is important to carefully craft your prompt. Asking for help making a decision tends to be more effective than asking it for an outright recommendation and using simple direct language is most effective.


With that said, there are some very real limitations, which I’ve already hinted at. You may have noticed that the process is very manual, as there is currently no way to easily integrate ChatGPT into your spreadsheets specifically for financial analysis, and the data needs to be pasted into the app. This also means you can’t interpret large datasets, as there is an input limit of around 4,000 characters.[9]

Additionally, I’ve noticed that using ChatGPT has a tendency to give lower quality responses as the length of a conversation grows. Also, the increased complexity of the conversation makes it harder for the algorithm to identify what information should come next and impairs accuracy. In general, it is most useful if you keep prompts precise and to the point, as you would when requesting information from a human.

Can I Invest in OpenAI?

So this probably has you thinking about how you can get a piece of the AI action. Sadly, OpenAI (Chat-GTP) isn’t a publicly traded company, so unless you’ve got some pretty good connections, you won’t be able to invest in them anytime soon.

But… there are other options that are worth considering, and as a bonus, I’ll be including ChatGPT’s take on some of these stocks alongside my own analysis.

In each case, I’ve provided ChatGPT with historical data from Yahoo Finance, and asked it to use that as the basis for its analysis.

If you want a more in-depth dive into AI stocks, please check out this piece by my colleague MF Williams.

NVIDIA Corporation (NASDAQ: NVDA): The Surprise Success Story

This isn’t exactly a unique take, but for my money, NVIDIA Corporation (NASDAQ: NVDA) remains one of the safest bets for artificial intelligence today. The company’s strong take on AI briefly helped it achieve a valuation of $1 trillion.[10]

The secret? NVIDIA’s latest chips are uniquely well suited to powering artificial intelligence neural networks and were the secret sauce that helped to make ChatGPT’s Large Language Models (LLMs) itself possible.[11]

However, the chipmaker is riding at a high, so let’s see what ChatGPT says about whether now is a good moment to jump in or not:


On its own, this analysis isn’t very helpful, and it is important to note that the data used is just historical trading data pulled from Yahoo Finance. However I believe that the AI boom is far from over, so NVIDIA stock will have some staying power. It is a relatively safe option with limited growth potential.

One note against NVIDIA though. Many analysts believe that the company is overvalued and ahead of the curve.[12] So there is some risk of a sudden price drop in the future, although I believe that NVIDIA remains a solid buy for anyone with a long investment horizon and would be surprised if the chipmaker saw any long-term decline.

Meta Platforms, Inc. (NASDAQ: META): A Potential Comeback Story

Meta Platforms, Inc. (NASDAQ: META) is an interesting one. The company suffered some serious setbacks after a fairly disastrous launch of its Metaverse, but the stock has been slowly but surely climbing back to recovery over the past few months.

More recently, Meta has pivoted to focus on artificial intelligence — with its new AI approach reportedly cutting memory consumption by 56% and GPU use by 84%.[13]

Before we dive into my analysis, let’s see what ChatGPT has to say. Once again, we’re using historical data pulled from Yahoo Finance to make this determination:


Alright, so less useful than before, but we can see that there is strong buying interest in META. By my own calculations we have an RSI of 82, which puts us into overbought territory, so a retraction is likely. This, coupled with the recent release of META’s latest headset, makes me think that waiting for a dip before jumping in would be a wise move unless you have a particularly long investment horizon.

Alphabet Inc. (NASDAQ: GOOG)

Another tech giant, but with good reason. Alphabet Inc. (NASDAQ: GOOG) started off slowly, experiencing a major stumble when Bard was first released. However, they now appear to be finally finding their footing.[14]

The company, seemingly spooked by OpenAI’s agreement with Microsoft, has rushed to further develop its AI capabilities, recently merging its two AI groups Google Brain and MindAI.[15]

With that background, let’s see what ChatGPT has to say, and again, we’ll be pulling our data from Yahoo Finance for consistency:


A fairly noncommittal answer, but that’s fine. There’s still useful info here. Given that GOOG remains in the middle of the pack for tech stocks and that its RSI is trending down to around 67, I’d say that now is a good moment to jump in, or at least set a buy order a little below where the stock price currently stands.

Artificial Intelligence Could Become a Great Tool and Investment Opportunity

We have covered a lot here, but I believe we can draw an important lesson about AI. Although ChatGPT is still relatively new and unspecialized, it has the capacity to make it significantly easier for retail investors to break down new opportunities, and more importantly, to understand the specifics about what they’re investing in without specialized knowledge.

This is where the true power of AI tools lies — in democratizing access to tools that were previously only available to seasoned financial professionals working in the brokerage sector. There are significant opportunities for investors, both in terms of actual investing and in the way that these tools will continue to grow and specialize, hopefully making it easier for all of us to build a secure financial future for our families.

If you decide to use these tools, and I believe you should at the very least play with it… just remember that there will never be any supplement for your own or your financial advisor’s critical thinking skills. And no matter what ChatGPT tells you, a bit of your own research will go a long way in maximizing your investment returns. However, this is a very nice tool to include within your portfolio building arsenal. 

Saul Bowden, Contributor
for Investors News Service

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DISCLAIMER: Investing in any securities or cryptocurrencies is highly speculative. Please be sure to always do your own due diligence before making any investment decisions. Read our full disclaimer here.

Published June 2023

















Artificial Intelligence (AI) has transformed what was once mere science fiction into tangible reality. Its influence and power are expanding exponentially on a daily basis. It is literally changing the world before our very eyes.

ChatGTP made its explosive public debut back in November 2022 using data up until 2021.

Now, ChatGTP offers a real-time internet chatbot that uses current data.

And just this week, the company launched a ChatGTP app on Apple IOS in the US, with expansion to additional countries as well as on Android soon to follow.[1]

The investment opportunities seem limitless, making it imperative for any astute investor to read this article until the end and start researching to build their AI portfolio today.

There really is no time to waste. This unprecedented tech revolution is moving at lightning speed, and only the most highly motivated investors will reap the enormous rewards that await over the next 10 years.

Let’s get started.


The Rise of AI: What You Need to Know

New awe-inspiring AI apps and chatbots are being released daily that help users write articles; compose novels, edit copy, create original visual images, research any given topic, assemble and edit movies, write lines of computer programs, solve and explain complex topics, and convert text into speech.

There are already reports of AI sifting through terabytes of data and cracking decades old problems in physics, mathematics and medicine in a matter of days or hours.[2][3][4]

We are literally entering a brand new world that could revolutionize the way we live and play.

The future of AI technology and how it will be fully utilized is still unclear as we navigate into uncharted territory. It is a time of both excitement for the future and a fear of the unknown.

This massive paradigm shift may even be bigger than what we experienced in the mid-1990s, when the internet reached the public en mass. At the time, it was extremely difficult to understand how internet technology would dominate our daily lives. Now we cannot imagine a world without it.

This I believe is where we are again, but this time it will be 100X bigger.

To put it simply, generative AI chatbot technology used by Open AI’s ChatGPT, Microsoft’s Bing and Google’s Bard (among others) is being built on top of the previous iteration of the internet information revolution and the massive data set that has been accumulated over the past 25 years.

These programs scour the internet searching through millions of websites, blogs, social media posts, user comments, and academic papers to compile massive datasets that they use to generate answers to the millions of questions and queries received daily.

Estimates for ChatGPT usage in just January 2023 (only five months ago) was 590 million visits from 100 million unique visitors.

Generative Chatbot AI has only become possible due to huge advances in computing power and large data storage.

With chatbots powered by AI, users are empowered to learn and create in new and exciting ways.

The possibilities are mind blowing, and in a word… generative. AI could be one of the most promising investment opportunities of our time.

Think PayPal big. Did you know Elon Musk and Peter Thiel made their fortunes on early investments in Paypal? When introduced, Paypal was a revolutionary online payment system that allowed its users to pay for goods and services directly from their Paypal accounts or use their traditional bank accounts without using credit cards.

By The Royal Society, CC BY-SA 3.0,

Early investors in Paypal saw the need for a revolutionary and different kind of payment system, and were willing to take a risk on a digital payment platform technology that was still very new.

Their reward was well worth the risk. PayPal was acquired in 2002 by eBay for $1.5 billion in stock, of which Musk alone walked away with an eye-popping payday of $175.8 million from the deal.[5]

As an intelligent investor, this should be a good lesson. Early investors in technology can see handsome gains. You should be asking yourself, where will this technology be in 5 or 10 years, and how should I position my portfolio today to capitalize on this once-in-a-lifetime investment opportunity?

There are literally fortunes to be made.

Keep reading to learn how...

The Potential of AI for Investors

Investing in artificial intelligence today has the potential to be a game changer for early investors.

Future AI technology has the ability to massively transform industries like healthcare, transportation, finance, retail, manufacturing, agriculture, energy, education, media and entertainment.

The full impact of AI on these industries is still unfolding, but it is clear that AI has the potential to transform the way we live and work.

AI is becoming crucial as businesses enhance their operations, cut costs, and even create innovative new and exciting products and services.

For investors, this technological revolution presents a unique opportunity to potentially generate impressive returns, and what might become generational wealth.

One of the key advantages of investing in AI now is the potential for long-term growth as this move could take some time to play out.  

Continued Growth: The AI market is expected to grow at a rapid pace in the coming years. According to a report by Next Move Strategy Consulting, the AI market size was valued at $95.60 billion in 2021 and is predicted to reach $1.847 trillion by 2030, registering a CAGR of 32.9% from 2022 to 2030.[6]



Another report by Grand View Research found that the global artificial intelligence market size was valued at $136.55 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030.[7]




There are three factors that are driving the astronomical interest and growth in AI:

  1. Increased Automation: Industries are increasingly adopting automation to improve efficiency and reduce costs. AI plays a pivotal role in this process by enabling businesses to automate complex tasks that traditionally required significant human intervention.
  2. Advancements in Computing Power: The development of new hardware, such as graphical processing units (GPUs), has revolutionized data processing capabilities. This has allowed AI developers to create more sophisticated algorithms and models capable of handling complex tasks.
  3. Rise of Big Data: The proliferation of the internet and digital technologies has led to a current generation of utilizing and managing massive amounts of data. In 2020, the amount of data on the internet hit 64 zetabytes. (A zetabyte is about a trillion gigabytes.[8]) This data is being utilized to train AI models and enhance their accuracy, making AI more powerful and accurate.

In addition to substantial long-term growth, the following factors are also at play in this dynamic fast-moving investment opportunity:

Increased Adoption: As AI technology becomes more widespread and accessible, we can expect to see increased adoption of AI across many industries as described above.

Disruption: The AI industry has the potential to disrupt many industries. Companies that are able to effectively leverage AI technologies could potentially gain a significant competitive advantage over their peers.

New Investment Opportunities: As the AI industry continues to evolve, we can expect to see new investment opportunities emerge.

The Risks of Investing in Artificial Intelligence

On the flipside, intelligent investors should also understand that there are risks associated with investing in the current hyped AI environment.

First, AI is a new and developing technology. This means that there is a certain amount of uncertainty about how it will advance and develop, and how it will be fully utilized in the future.

Second, AI is a remarkably new and complex technology to understand and adopt. This means that it can be difficult for investors to navigate how it will work and how it could ultimately benefit multiple businesses and most importantly, your investment portfolio. 

The takeaway is that investors who are considering taking a position in an AI company should spend the time and do their homework, while thoroughly learning about the space before making any investment decisions.

Here is a short list of things to consider when doing your investment research.

  1. Talent: AI companies need skilled talent to thrive. Those able to attract and retain top AI researchers, developers and AI contract workers will gain a competitive edge.[9]
  2. Data: High-quality data is essential for training AI models and developing effective applications. Companies with access to diverse and extensive datasets have a strategic advantage.
  3. Partnerships and Collaboration: Collaboration is increasingly crucial in the AI industry. Companies with established partnerships can drive innovation and accelerate the development of new AI applications.
  4. Regulation: As AI adoption increases, it is expected governments will implement regulations to ensure ethical use and consumer protection. In fact, the White House recently announced it would invest $140 million to create seven artificial intelligence research hubs and released new guidance on AI.[10] Investors should continue to monitor regulatory developments impacting AI advancements.
  5. Innovation: Continuous innovation is vital in the highly competitive AI industry. The businesses that are investing billions into research and development, and exploring new AI applications, are more likely to succeed.


WATCH TED TALKS: Exclusive preview of groundbreaking, unreleased technology. Former Apple designer and Humane co-founder Imran Chaudhri envisions a future where AI enables our devices to "disappear."


Overall, I believe that the potential rewards of investing in AI far outweigh the risks. I believe that AI could be a major investment opportunity that has an unprecedented potential to generate significant returns for investors over the next decade.

How to Invest in AI Today

There are several ways for investors to gain exposure to the AI industry. Each approach comes with its own set of advantages and risks. Investors should carefully consider their investment objectives and risk tolerance before deciding which approach to pursue.

  • Individual Stocks: Investing in individual AI companies allows for targeted exposure. Research and analyze companies based on financial performance, management team and competitive landscape.
  • ETFs: Exchange-traded funds provide diversified exposure to the AI industry. Consider AI-focused ETFs but be aware of management fees and expenses.
  • Venture Capital Funds: High-risk investors should consider venture capital funds that specialize in AI. These funds invest in early-stage companies with potential for high growth but come with higher risk.
  • Mutual Funds: Look for technology or growth-focused mutual funds that include AI companies in their portfolios. Review investment objectives and holdings before investing.
  • Private Companies: Accredited investors may have opportunities to invest directly in private AI companies. Be aware that private investments are less liquid and carry an even higher risk.

The Top 4 Stocks and One ETF to Buy in 2023

After meticulous research and careful analysis, I have found the following top 4 individual AI stocks and one AI ETF that are currently showing tremendous potential for substantial gains in the foreseeable future.

Use this as a starting point in your own personal research for wealth.

1. Alphabet Inc. (NASDAQ: GOOG)

The tech behemoth just unleashed its highly-anticipated AI-powered chatbot called Bard, making it available to 180 countries and territories. The EU was not included in the list, with most speculating that Google is waiting for finalization of the EU’s AI Act scheduled for approval on June 14 of this year.

Google was late to the AI powered chatbot game. Bard is only now becoming available months after the popular ChatGPT by OpenAI took the world by storm back in November 2022.

With the release of Bard, Google is looking to reassert its dominance within the AI space.

At first glance, Bard looks to be a powerful contender. The program will be fully integrated across its suite of business applications to help improve productivity as well as its iconic search engine.

Here are three reasons to consider investing in GOOG:

  1. GOOG is a giant with a $1.5 Trillion market cap, and is one of the leaders in AI research and development. Google has been investing heavily in AI for many years, and it has made significant progress in developing AI-powered products and services. For example, Google's AI-powered search engine is the most popular in the world, and its AI-powered translation service is used by millions of people every day.
  2. GOOG has a strong track record of innovation. Google has a long history of developing innovative products and services that have changed the way we live and work. For example, Google developed a highly successful search engine that is still dominant today, and it was also the first company to develop a commercially successful mobile phone operating system called Android.
  3. GOOG has a large and growing user base. Google has over 1 billion active users, and its user base continues to grow rapidly. This large and growing user base gives Google a significant advantage within the expanding early adopter AI market.

These factors make GOOG a good investment choice for investors who are looking to get exposure to the AI market.



2. Microsoft Corporation (NASDAQ: MSFT)

Microsoft made some very early investments in OpenAI chatbot technology that finally came to fruition with the release of ChatGPT in November 2022.

Microsoft says it has invested billions into OpenAI in a multiyear deal that will see the software giant become OpenAI’s exclusive cloud provider. The investment comes just weeks after Microsoft was rumored to be investing $10 billion into OpenAI.

Unconfirmed reports suggest Microsoft is getting the right to 75% of OpenAI's profits until its earns back this $10 billion commitment plus an additional $3 billion it has already invested.[11]

Microsoft has become a leader in the artificial intelligence race and so far, has the most to gain…

The company’s continued support & investment in AI, namely OpenAI should benefit the company for many years to come.

For example, Microsoft's Azure cloud platform is used by businesses of all sizes to run AI applications. Microsoft also develops AI-powered products and services for consumers, such as its Cortana virtual assistant and its Bing search engine, recently incorporating ChatGPT’s tech.

The company has a team of AI experts who are continually working on developing future AI applications for the future.

I love Microsoft as an AI investment. The company has obviously taken the lead in AI research and is now benefiting from being first to market with its very large investment into OpenAI. Their continued willingness to invest in artificial intelligence technology could really position investors for a serious win well into the future.



3. NVIDIA Corporation (NASDAQ: NVDA)

My readers already know that NVDA has been a long-time favorite of mine. If you had followed my original recommendation when I first called out this company back on February 3, 2019 when the stock was trading at $37.29 per share, you would be up an impressive +722% to date.

The company is constantly innovating and adapting to the changing technology landscape and providing hardware and software solutions to meet those challenges.

Its work in the AI space is no different.

The company is a leading provider of graphics processing units (GPUs). GPUs are used in a wide variety of AI applications, such as machine learning, natural language processing, and computer vision. As AI technology continues to develop, the demand for GPUs is expected to grow significantly.

NVIDIA makes most of the GPUs for the AI industry, and its primary data center workhorse chip costs $10,000.[12]

In addition to its strong position in the GPU market, NVIDIA is also investing heavily in AI research and development. The company has a team of AI experts who are working on developing new AI technologies that will be better suited for businesses and consumers.

The company has also partnered up with ServiceNow, a developer of enterprise-grade generative AI capabilities that can transform business processes with faster, more intelligent workflow automation.[13]

NVIDIA is also working on further development in using their GPUs in chip manufacturing to make the process faster and more economical.[14]

While many of my readers who may have bought NVIDIA back in February 2019 when I originally called a “buy” were able to experience gains of 722%,  I still feel there is room for more gains in the coming years.

NVIDIA should be considered as a strong candidate for any AI portfolio in my opinion.



4. Oracle Corporation (NYSE: ORCL)

Oracle Corporation is a leading provider of cloud computing and enterprise software. Cloud computing is a key enabler of AI, and Oracle is a major player in this market.

Oracle's cloud platform, Oracle Cloud Infrastructure (OCI), is used by businesses of all sizes to run AI applications. Oracle also develops enterprise software that is used by businesses to manage data and operations. This software can be used to support AI applications.

Oracle is also investing heavily in AI research and development.

The company has strong fundamentals and should be a strong candidate when doing your research.



The One ETF I Am Excited About

As I mentioned above, exchange-traded funds could provide diversified exposure to the AI industry. Consider AI-focused ETFs but be aware of heightened management fees and expenses.

Global X Robotics & Artificial Intelligence ETF (NASDAQ: BOTZ)

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is one of my favorite AI ETFs and should be a solid investment choice for investors that do not have the time to fully research and choose individual AI stocks to invest in.

This ETF tracks the Indxx Global Robotics & Artificial Intelligence Thematic Index. The index is composed of stocks of companies that are involved in the development, manufacturing or use of robotics and artificial intelligence (AI).

The Global Robotics & Artificial Intelligence ETF invests in a diversified basket of stocks, which helps to reduce risk. BOTZ also has a low expense ratio, which means that investors keep more of their investment returns.

I believe that BOTZ could be a good investment for investors who are looking to get exposure to the AI market.



Investing in AI Today Can Unlock Unprecedented Growth Opportunities

Now is the perfect moment to seize the incredible potential of investing in AI. Generative AI is revolutionizing the way we learn and create by tapping into over 25 years of internet data. This groundbreaking technology is empowering users to explore uncharted territories of knowledge and unleash their creativity like never before.

Industries across the entire spectrum are embracing the power of AI to redefine their business operations and offer innovative services at a reduced cost.

With what could become the world's growing future dependence on AI technology, investing in artificial intelligence now opens the door to unheard of opportunities for significant portfolio growth.

Amidst an early investment in AI technology, you are potentially positioning yourself to reap the rewards of a shrewd early investment decision.

Remember, it is the daring and adventurous who often find fortune on their side. In my humble opinion, investing in AI today holds the promise of shaping a prosperous tomorrow.

MF Williams, Contributor
for Investors News Service

P.S. To discover more opportunities in the hottest sectors in North America, sign up now to the Financial News Now newsletter to get the latest updates and investment ideas directly in your inbox!

DISCLAIMER: Investing in any securities is highly speculative. Please be sure to always do your own due diligence before making any investment decisions. Read our full disclaimer here.

Published May 2023
















I don’t know about you, but I have been absolutely floored by the amount, variety and quality of artificial intelligence apps that have been made public over the past few months.

Everything from video editing, image editing, text generators, video script generators, and social media post generators are now publicly available and changing the way we are thinking about traditional business tasks.

But hands down, the star of the show is OpenAI’s ChatGPT app that was first released in November 2022.

The application has literally slammed the tech giants with a sharp right hook to the jaw and stormed center stage.

Tech giant Google has declared a “code red emergency” and CEO Sundar Pichai called for immediate action and redirected some teams to focus on building out AI products ASAP.[1]

Chatter on the internet is bringing up the impossible thought that ChatGPT could one day replace Google’s search engine!

AI has become THE disruptive technology that looks to potentially knock tech giants on their ass if they don’t move quickly.

Nimble investors need to be looking for the next opportunity in the fast-moving market space of AI now. There really is not a minute to waste in starting your research.

Read on and I’ll explain more about ChatGPT, AI and my favorite companies that are leading the charge in the new and exciting frontier of artificial intelligence.

What Is ChatGPT?

ChatGPT is an AI chatbot tool that has been fed an enormous amount of text data. The application can tap into this vast wealth of stored knowledge to provide answers on just about any question or written task.

The application was created by San Francisco-based tech lab OpenAI (Private). The company was founded in 2015 by current CEO Sam Altman as well as Tesla’s (NASDAQ: TSLA) Elon Musk and other big-name investors such as Peter Thiel and LinkedIn co-founder Reid Hoffman. Musk left OpenAI in 2018 to focus on Tesla.

Microsoft (NASDAQ: MSFT) was an early investor in the company putting up a whopping $3 billion beginning in 2019.[2]  That investment by Microsoft is already reaping huge returns for the company as they now have a massive advantage in the lucrative search engine market.

Microsoft’s search engine Bing is now integrated with ChatGPT. Users can search for anything and instead of getting thrown a list of a thousand websites that might have the answer to their query, they are now presented with the written answer directly on their screen.

No more clicking on a hundred links hoping that one will have the answer you are looking for.

This search tool is a potential Google killer and a direct threat to their core $149 BILLION search business!

Let me get geeky for a minute and get into the basic mechanics of ChatGPT (Chat Generative Pre-trained Transformer) software.

ChatGPT is a generative AI software application that uses a machine-learning technique called ‘reinforcement learning from human feedback’ (RLHF) to emulate human-written conversations based on a large range of user prompts.

This kind of software app is better known as an AI chatbot.

The ChatGPT app learns human language by reading hundreds of thousands of pages of text scraped from across the internet including online encyclopedias, books, academic journals and blogs.

The application then digests and catalogs this data which it then uses to respond to a seemingly limitless number of topics.

More than a million people engaged with ChatGPT within the first week of its public launch on November 30, 2022.[3]

Users were literally left in awe of the chatbot’s natural human language responses. Many users reported the feeling of having an actual conversation with a real human being.

I would recommend you take a few minutes to watch CNBC's report on "Why OpenAI's ChatGPT Is Such A Big Deal" below. It's a great summary of what exactly ChatGPT is and what it could mean for business and society in the future.


Why OpenAI’s ChatGPT Is Such A Big Deal


Forget the days of Microsoft’s infamous bouncing paper clip, Clippy, that drove everyone crazy by popping up at all the wrong times and interrupted workflow.

ChatGPT produces super high-quality humanistic responses in real-time and only at your request.

The secret to ChatGPT’s explosive popularity is that the application is continuously learning and evolving as more data is fed into the system. This allows ChatGPT to become increasingly accurate and versatile over time and to continue to deliver high-quality results for a wider range of inquiries.

OpenAI is now working on a more powerful version of their ChatGPT app called GPT-4 which is set to launch sometime this year.[4]

When you have time, try out the ChatGPT app. I think you will agree we are now entering a whole new world where science fiction meets reality.

My Followers Already Knew About AI Years Ago!

My followers know that I am a big proponent of investing in technology and especially technology that is still in its infancy.

I first brought AI stocks to the attention of my readers back in February of 2019 in this article: The Future Is Here: Investing In Artificial Intelligence Stocks. If you haven’t read it, it is still a good and relevant read on the hot technology that is being unveiled now.

This could very well be the year that early investors in artificial intelligence (AI) will begin to see the fruits of their patience and realize enormous gains.

Subscribe to Financial News Now and be sure to follow FNN on social media to ensure you are seeing my latest articles!

AI Markets Are Exploding!

The global artificial intelligence (AI) market size was estimated at $119.78 billion in 2022, and it is expected to hit almost $1.6 trillion by 2030 with a registered CAGR of 38.1% from 2022 to 2030.[5]

Grandview Research is calling for global revenue forecasts in 2030 to hit over $1.8 trillion![6]


According to Precedence Research, a forerunner in tracking industry developments, the AI market size could reach US$1.6B by 2030. Respected research firm Grandview Research anticipates that number to be much higher at US$1.8 trillion. It’s more likely the trillion dollar forecast could be achieved by 2030 given the excitement and international involvement recently displayed.


Artificial intelligence (AI) and ChatGPT are rapidly transforming many industries and are expected to have a significant impact on the global economy in the coming years.

Here are a few examples where the technology is disrupting traditional methods of doing business:

  • Customer Service and Support: ChatGPT can be used to power chatbots, which can respond to customer inquiries in real-time, providing quick and accurate answers to customer questions. This can improve the customer experience and reduce the need for human customer support staff.
  • Content Creation: ChatGPT can be used to generate articles, summaries, song lyrics, poetry and even product descriptions in a matter of seconds. This makes it a valuable tool for companies that need to produce large amounts of content quickly and efficiently.
  • Healthcare: ChatGPT can be used to support healthcare professionals by providing real-time information about medical conditions, treatments and procedures. This can help healthcare professionals formulate more informed and accurate diagnoses and treatments.
  • Finance: ChatGPT can be used to provide financial advice and recommendations to customers. This can help financial institutions improve customer satisfaction and reduce the workload for financial advisors in the firm.
  • Retail: ChatGPT can be used to provide product recommendations and assist customers with online shopping. This can improve online sales and the customer experience, while helping retailers increase sales, customer loyalty and repeat sales.



We have only touched the tip of the iceberg here. As the game-changing technology continues to evolve and more data is fed into the ChatGPT system, it will have a growing impact on a wider range of industries and use cases.

Companies that are early adopters of the technology could realize higher productivity, increased market share and competitive strength. As a result, investors could see increased company profits and better returns on their investments.

Investing in Companies Using ChatGPT and AI

AI and ChatGPT are red-hot investment opportunities, and any intelligent investor should consider adding a few shares to their portfolios.

5 Reasons Why You Should Consider AI and ChatGPT Investment Opportunities

  1. High growth potential: AI is a rapidly growing field, and many companies in this space are experiencing significant revenue growth. This can translate into higher returns for early investors.
  2. Wide-ranging applications: AI has the potential to be applied to a wide range of industries from healthcare to finance to retail. The applications in industry are virtually limitless.
  3. Advances in technology: AI is constantly evolving, and new breakthroughs are being made all the time.
  4. Competitive advantage: Companies that are early adopters of AI are likely to have a competitive advantage over their competitors. This could lead to increased market share, higher profits, and better returns for investors.
  5. Long-term growth: As AI continues to mature and become more widely adopted, the market for AI solutions is expected to continue to grow over the long-term.

While most companies specializing in AI remain in the venture capital stage, there are plenty of public AI companies for those interested in positioning themselves in the space.

Here are just some of the companies that are leading the AI revolution. This should be a good starting point for your personal research as an intelligent investor.

6 Companies Leading the AI Revolution

1. NVIDIA Corporation (NASDAQ: NVDA)
NVIDIA has been a long-time favorite of mine. If you had followed my recommendation back when I called this company back on February 3, 2019 when the stock was at $37.04.

The company continues to outperform with a continued solid future ahead in my opinion.

The company is a leader in GPU-accelerated computing and AI, and has been at the forefront of developing AI technologies and solutions. Internet and tech companies buy its processors for cloud computing. NVIDIA's AI chips also are helping to guide some self-driving cars in early trials.

The company has experienced headwinds over the past year with the implosion of the crypto markets. The GPUs produced by NVIDIA were the go-to board for mining crypto currency. With the crash of those markets, crypto miners have stopped buying new GPU boards and flooded the market with used boards that gamers can pick up at a fraction of the cost of new ones.

As inventories of used GPUs cycle through the markets, NVIDIA should start to see sales pick up again by 2nd quarter this year by my estimation.

Nvidia stock is up over 4% over the past six months, closing Monday, February 13, 2023 at $217.88. If you had followed my recommendation when I first called out this company back on February 3, 2019 when the stock was trading at $37.04, you would be up an impressive +488% to date.


2. Alphabet Inc. / Google (NASDAQ: GOOG)
Google is one of the largest and most influential technology companies in the world with a strong presence in AI and machine learning. The company has invested heavily in both, developing cutting-edge products and services.

While the company has been thrown back on its heels by ChatGPT, they are certainly not out of the race. Google is set to launch its answer to ChatGPT in the first half of 2023.

Known as Bard AI, the chatbot has been under development for the past two years and entered the testing phase in early February 2023 (coincidentally shortly after a ‘code red’ was announced by the company).

Ultimately, the company plans on incorporating the AI technology into its Google Search tool like Microsoft’s Bing is already doing.

Bard is built on Google’s Language Model for Dialogue Applications (or LaMDA). Google CEO Sundar Pichai has described Bard as an “experimental conversational AI service” that “seeks to combine the breadth of the world’s knowledge with the power, intelligence and creativity of our large language models.”

Bard is very similar to ChatGPT. Users can input a question, request or prompt, and Bard will provide a human-like response. One advantage that Bard has is that it will be using data that is current. ChatGPT on the other hand currently uses data only up to 2021.

Like ChatGPT, Bard is also subject to providing incorrect answers.

It was recently reported that when the chatbot was asked about new discoveries from the James Webb Space Telescope, Google’s Bard “made a factual error in its very first demo.” It didn’t take long for astronomers and science writers to point out the error.

Investors also took note and hammered the stock for a loss of 9% or a $100 billion market value loss in one day. However, if you bought Alphabet (Google) back when I recommended it back on February 3, 2019, you could have banked close to a double based on today's closing stock price.

All negatives aside, Alphabet (Google) is an enormous company with very deep pockets when it comes to pouring money into R&D. Their slower rollout of their very own chatbot and coming second to market could be perceived as a negative, but I believe they will overcome these hurdles in the coming months.

Investors should consider picking up a few shares to round out their AI portfolios.


3., Inc. (NASDAQ: AMZN)
Amazon has integrated AI into many of its products and services, from its virtual assistant Alexa to its logistics and delivery systems. The company's dominance in the e-commerce and cloud computing markets has put it at the forefront of AI innovation.

The company now offers a chatbot service that customers can harness for their own purposes via their Amazon Web Services (AWS) platform.

The company could continue to see solid gains in share price as their cloud computing services continue to grow. Again, this is a company that should be included in any AI focused portfolio.


4. Microsoft Corporation (NASDAQ: MSFT)
As mentioned above, Microsoft has made significant investments in AI, including acquiring leading AI companies and developing its own AI platform. The company has also made AI a key part of its product strategy, integrating it into its products and services.

With the release and success of ChatGPT, Microsoft is now poised to challenge its competitors like Google, Amazon and Apple. It has not had this kind of technological advantage for more than two decades.

Microsoft is in talks to invest another $10 billion in OpenAI as it seeks to push its technology advantage even further.

The deal — which would mainly provide OpenAI with even larger amounts of computing power — has not been finalized and the funding amount could change.[7]

If this investment deal gets finalized, this could help push Microsoft into the number one position over Google search.

A small purchase of Microsoft shares could be a very wise move by intelligent investors.


5. Baidu Inc. (NASDAQ: BIDU)
Baidu is one of China's leading technology companies, with a strong presence in the AI market. The company has invested heavily in AI research and development, and its AI platform provides a wide range of services, including natural language processing and image recognition.

The company recently announced it will be releasing its own AI chatbot called ERNIE sometime this year.

With little details, we will have to see how well it performs when compared to ChatGPT.

My guess is the company will come out with something that is at least comparable to ChatGPT. That combined with their huge Chinese audience could help drive their search business bottom line.

Certainly one to consider adding to your watchlist.


CEVA provides chips for the AI space and is an intellectual property (IP) vendor known for licensing its digital signal processors (DSPs) to larger chipmakers. The company licenses DSPs for several applications like imaging and computer vision, connectivity, audio, voice, speech, AI and deep learning.

Within the AI and deep-learning space, CEVA is focusing on fast-growing markets like automotive, augmented reality, and smart homes, among others. The company also licenses its deep neural network frameworks to chipmakers for enabling AI applications in their devices.

The company share price has started to recover from their lows in October 2022, down about 4% over the last six months. A good entry point, in my opinion.

While the company might not be in the spotlight of AI advances, they are unquestionably a major player for the hardware that is driving this revolution.

Certainly a company to be considered when adding shares for your AI portfolio.

The AI and ChatGPT Revolution Is an Investors Dream Come True

ChatGPT is a powerful and versatile AI technology that has the potential to have a significant impact on many industries. Companies that are leveraging this technology are likely to have a competitive advantage and benefit from the hyper-growth of the AI market over the next few years.

Intelligent investors should not miss this potential once in a lifetime investment opportunity. Start your research today with the companies I listed above. You will thank me later.

MF Williams, Contributor
for Investors News Service

P.S. To discover more opportunities in the hottest sectors in North America, sign up now to the Financial News Now newsletter to get the latest updates and investment ideas directly in your inbox!

DISCLAIMER: Investing in any securities is highly speculative. Please be sure to always do your own due diligence before making any investment decisions. Read our full disclaimer here.

Published February 2023