Yahoo Finance Video
Zoom (ZM) topped third-quarter expectations and lifted its 2024 outlook Monday, fueled partly by strong customer loyalty and expanding usage of tools beyond the company's standard video meetings. CFO Kelly Steckelberg tells Yahoo! Finance that additional services like Zoom Scheduler, Contact Center, and Whiteboard have increased consumer "retention rates." As well, by growing beyond core video, Steckelberg notes Zoom has been able to cross-sell additional capabilities that users now rely on for broader productivity -- something she's expects will continue to help expand margins. "We make every decision at Zoom thinking about it from a customer's perspective," Steckelberg said, when asked about the move into AI, adding: "...and so what that does is ensure we're able to offer our customers the best quality and also the best service." Steckelberg also touched on Zoom's approach to AI with the recent launch of the Zoom AI companion, which she notes has been added by over 200,000 accounts in just a two-month span. Steckelberg says the company has been testing various vendors’ technologies rather than relying solely on one company, such as OpenAI, in the wake of its leadership turmoil. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
FAQs
OpenAI (ChatGPT) does not have stock symbol nor does it trade in the public stock market because it is not a public company.
Can I invest in OpenAI? ›
Can you buy OpenAI's stock? OpenAI is not publicly traded on NYSE or NASDAQ in the U.S. To buy OpenAI's stock you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
How much is OpenAI stock USD? ›
Is OpenAI listed on stock Exchange? ›
OpenAI is a private company and not publicly traded.
Will OpenAI stock go public? ›
As of mid-May 2023, there are no plans for an OpenAI IPO on the horizon, but the Wall Street Journal reported on January 5 that the AI lab is in talks with venture capital firms to sell at least US$300 million worth of existing shares in the company.
Can I buy stock in ChatGPT? ›
You cannot buy ChatGPT shares because of the corporation. OpenAI is not a publicly traded firm; it is a private company. However, you can ChatGPT informally. Microsoft directly connects with ChatGPT, and investing in Microsoft stock allows you to get a share of the AI chatbot activity.
Does Elon Musk own any shares in OpenAI? ›
Elon Musk claims he was offered shares in OpenAI at "various points" but says it "seemed unethical/illegal to accept them." He was cochair of the AI company along with Sam Altman when it was founded in December 2015 and pledged $1 billion to the project.
Who is the major investor in OpenAI? ›
Microsoft invested $1 billion in OpenAI in 2019 and committed another $10 billion to the AI innovator in 2023. The partnership deepened along the way, as Microsoft added OpenAI's tools to its Azure cloud-computing service, to its Bing search engine, and to its Edge browser.
Who is the main investor in OpenAI? ›
Microsoft provided OpenAI Global LLC with a $1 billion investment in 2019 and a $10 billion investment in 2023, with a significant portion of the investment in the form of computational resources on Microsoft's Azure cloud service.
Is OpenAI ERC a good investment? ›
Is it profitable to invest in OpenAI ERC? Over the last 30 days, OpenAI ERC had 14/30 (47%) green days. According to our historical data, it is currently not profitable to invest in OpenAI ERC. The price of OpenAI ERC decreased by -50.10% in the last 1 year.
Buy OpenAI ERC with Coinbase Wallet
OpenAI ERC can be traded using Coinbase Wallet, your key to the world of crypto. OpenAI ERC is only available through Coinbase Wallet.
What is the best AI stock to buy? ›
7 best-performing AI stocks
| Ticker | Company | Performance (Year) |
|---|
| NVDA | NVIDIA Corp | 183.01% |
| PRCT | Procept BioRobotics Corp | 88.12% |
| UPST | Upstart Holdings Inc | 73.31% |
| SOUN | SoundHound AI Inc | 66.73% |
3 more rowsThe OpenAI ownership pie is divided between Microsoft (49%), other stakeholders (49%), and the original OpenAI non-profit foundation, which staunchly preserves its autonomy as the leading firm continues to write OpenAI history. Other OpenAI shareholders include a16z, Sequoia, Tigers Global, and Founders Fund.
How does OpenAI make money? ›
OpenAI generates revenue through various sources such as grants, donations, and strategic partnerships. These funds are then reinvested to support their research activities and the pursuit of their mission. Grants are a significant source of revenue for OpenAI.
Is OpenAI the same as OpenAI ERC? ›
GPT is a chatbot that utilizes artificial intelligence to provide responses to user queries. However, amidst all this buzz, there are rumors of a crypto coin associated with open AI. It is important to clarify that this crypto project, known as Open AI ERC, is not affiliated with open AI and is, in fact, a scam.
What company owns ChatGPT? ›
Chat GPT is owned by OpenAI LP, an artificial intelligence research lab consisting of the for-profit OpenAI LP and its parent company, the non-profit OpenAI Inc.
Is ChatGPT owned by Microsoft? ›
Microsoft doesn't own ChatGPT, nor the chatbot's founding company OpenAI. However, the two companies have been partnered commercially since 2016, and Microsoft continues to be the company's largest investor.
