![]() (NYSE:SNAP) trained the My AI service to adhere to some rules to make sure the chatbot doesn’t discuss hate or generate sexually explicit content. The service will allow Snapchat users to talk to the bot and get ideas for content. The My AI chatbot service will be powered by, you guessed it, ChatGPT, and initially it will only be accessible for the Snapchat Plus subscribers. (NYSE:SNAP) has jumped into the AI arena with an announcement that it will be launching a chatbot, called My AI, for its Snapchat app. (NYSE:ZH) was Jonathan Guo’s Yiheng Capital which owns a $4.7 million stake in the company. (NYSE:ZH) "should start receiving more attention as a M&A target given the frenzy over ChatGPT.”Īt the end of the fourth quarter of 2022, 9 hedge funds tracked by Insider Monkey had stakes in Zhihu Inc. (NYSE:ZH) jumped after Hedgeye gave bullish comments for the stock and said that Zhihu’s fair value is about 70% higher than its current levels. (NYSE:ZH) could become an M&A target of a big company. There is a lot of speculation in the market that Zhihu Inc. Analysts believe this huge database is a treasure trove for AI giants which are looking for large datasets to train their language models for conversational AI. (NYSE:ZH) revealed that it has 485 million questions and answers in its database. (NYSE:ZH) has been getting a lot of attention in 2023 on the back of the leverage it can enjoy from the latest AI boom. (NYSE:ZH) is also known as Chinese Quora. The list is ranked in ascending order of the number of hedge fund investors.ĭon't Miss: Stocks ChatGPT Says Will Make Me Rich in 10 Years Best Chatbot Stocks to Buy As ChatGPT Gains Market Share 10. We then selected 10 of them which had the highest number of hedge fund investors as of the end of the fourth quarter of 2022. We first listed the most notable chatbot stocks that are expected to gain value on the back of their AI achievements. Many of these companies were already working on AI chatbots, while others plan to release their LLM-based AI chatbots in the coming months. Our research for this article was focused on major companies that plan to disrupt their respective markets by launching their AI-based chatbots. The report said that North America generates the highest market share, at around 41%, in this space.īest Chatbot Stocks to Buy As ChatGPT Gains Market Share This value is estimated to reach $4.9 billion by 2032. According to a report from Precedence Research, the global chatbot market value touched about $0.84 billion in 2022. Small and large companies have been using chatbots for customer service, emails, calls and even servicing full customer requests. What’s more? It expects that by 2030 a major blockbuster movie will be released with 90% of it generated by AI.Įven though the launch of ChatGPT brought chatbots and AI into the limelight this year, market experts know that chatbots have been making their presence felt for years now. The firm believes by 2025, a whopping 30% of outbound marketing messages from major companies will be “synthetically generated.” As of 2022 this percentage stands at just 2%. Gartner shares some more mind-boggling estimates that show the extent of impact generative AI will have on our lives in the years to come. Burke said the technology has the ability to augment any creative work. The report quotes Brian Burke, Research VP for Technology Innovation at Gartner, who believes more than 30% of new drugs and materials will be “systematically discovered” using generative AI technologies and techniques. The areas that received the most funding include drug discovery (a surprise?) and AI software coding. In a latest report, Gartner said that VC firms had invested about $1.7 billion in generative AI solutions over the past three years. The launch of ChatGPT pointed towards years of hard work companies were doing in the generative AI space. Companies that recently revealed their AI chatbot plans include Snapchat, Meta, Baidu, Alphabet, in addition Microsoft, which spearheaded this AI mania in 2023. ![]() ![]() In a matter of weeks almost every mega-cap tech company has revealed its plans on how it’s using AI to transform its business. All of a sudden every tech company is talking about AI, LLM (language learning model), conversational AI, generative AI and the list of these buzzwords is never ending. The launch of ChatGPT seems to have opened the floodgates of innovation in the AI world. To see more such companies, go directly to 5 Best Chatbot Stocks to Buy As ChatGPT Gains Market Share. In this article, we will take a look at the 10 best chatbot stocks to buy as ChatGPT gains market share.
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