These vertical systems married hardware with a programmable software stack. Its massive size, with 175 billion parameters, requires the scaled processing power of tens of thousands of Nvidia (NVDA) A100 GPUs. Making the chatbot responsive to user queries necessitates innovative networking solutions for servers, routers and switches. Get a daily email with the top market-moving news in bullet point format, for free. Musk has a golden opportunity to differentiate xAI why white label crypto exchange software is the smart choice for startups with responsible and transparent practices, areas he’s publicly criticized OpenAI for in the past.
Will there be an xAI IPO?
However, there are a couple of methods you could use to gain exposure to xAI without buying its stock. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The pundi x wins out vote for free binance listing Motley Fool Foundation. For retail investors, the easiest way to invest in AI is to buy publicly traded stock.
Login to Track Your Live Crypto Portfolio
- The broader technology sector was up 25% versus the benchmark index.
- Morgan Securities was up 42% for the year versus the S&P 500—a proxy for the overall stock market—as of July 10.
- The company focuses on AI research and development, with notable projects like the Grok AI chatbot.
- ETFs whose focus is at least largely AI or its kissing cousin, machine learning, according to ETF.com.
- All of these companies have shares available for purchase on Hiive.
We want our readers to share their views and exchange ideas and facts in a safe space. Unlock your full investment potential with Fast Forward Investing. According to an Arista blog post, AI networks are now operating at petabyte scale, or 1,024,000 gigabytes. These applications stretch the limits of what is currently possible with hardware alone.
Buy AI Exchange-Traded Funds
While these platforms can be helpful, shares for the company you want to invest in might not always be available for purchase. Since the liquidity for shares of private companies can be low, the pricing can also vary significantly across platforms and what is a white-label broker in forex offers. A less direct way to gain exposure to xAI is to invest in AI-tracking exchange-traded funds (ETFs). There is currently no way to buy xAI stock, as the company is a startup and not listed on the stock market.
That resulted in a 43.7% reduction in net income in fiscal Q3 2023. At the moment, there is no concrete xAI IPO date or information available about the specifics of a potential public offering. However, in November, Musk said that X Corp. shareholders will have a 25% stake in xAI, so the boundaries between the companies seemingly aren’t as straightforward. Our community is about connecting people through open and thoughtful conversations.
Since X.AI stocks are not available for public investment and there are no IPO plans, investors should consider alternatives like NVIDIA, Microsoft, and Google for robust AI investment opportunities. XAI is a private company, which means its shares are not available for public trading on the stock market. Then, you should deposit some funds into your account to prepare to buy xAI stock alternatives.
In 2018, Musk sold his stake to Microsoft and left the company over disputes about the company’s lack of safety guardrails. All of these companies have shares available for purchase on Hiive. Data, including performance, asset levels and ETF net inflows, from Morningstar Direct, current as of July 13, 2023. Putting your dollars to work in AI-themed ETFs is a lower-risk alternative to owning AI stocks.
During the Twitter Space, Musk also touched upon the dangers of building an AGI system, which he has highlighted numerous times in recent years as a potentially existential threat to humanity. “The safest way is to build an AGI that is ‘maximum curious’ and ‘truth curious,’ and to try and minimize the error between what you think is true and what is actually true,” stated Musk. At a share price of $165.58, Arista shares trade at 24.6x forward earnings and 10.7x sales.