What is ChatGPT from OpenAI, and can you invest?

Investor interest in generative AI technologies has increased thanks to OpenAI's ChatGPT.

One of the most recent developments in artificial intelligence (AI) technology is OpenAI's ChatGPT.

It's difficult to tell how much of an impact OpenAI's ChatGPT will have on the worldwide AI market, which is already projected to expand at a compound annual growth rate of 38.1 percent to reach US$1.59 trillion by 2030.

The newly developed technology is an example of the generative AI subsector of the artificial intelligence (AI) market, which develops systems that can produce text, images, or sounds in response to user instructions.

"The frenzy surrounding (generative AI) has grown to a level comparable to that of the (venture capital) market