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OpenAI ChatGPT Event Stirs Investor Interest: Live Stream Schedule and Expectations

Published May 13, 2024

Today's highly anticipated OpenAI ChatGPT event is drawing attention from across the technological and investment landscapes. Slated for a live stream at 1 p.m. ET, enthusiasts and investors are eager for updates on the latest developments in artificial intelligence, particularly concerning ChatGPT and the speculated GPT-4. Notably, GPT-5 and a proprietary search engine are not part of the announcement, as clarified by Sam Altman, the company's CEO. He expressed his excitement on social media, stating "we've been hard at work on some new stuff we think people will love! feels like magic to me. monday 10am PT." This statement has fueled speculation and eagerness among followers of the AI domain.

The Impact on Tech Giants

Such advancements in AI have significant implications for tech giants, particularly MSFT and GOOG. Microsoft Corporation, a leader in various technology segments and known for its innovative software and hardware products such as the Microsoft Windows operating systems, Microsoft Office suite, and the Microsoft Surface computers, has shown keen interest in the development of AI. As of 2020, it was listed as No. 21 in the Fortune 500 and was the world's largest software maker by revenue as of 2016. The OpenAI event could potentially solidify MSFT's standing in the IT industry, which is closely watched alongside other Big Five companies.

Similarly, GOOG's parent company, Alphabet Inc., has been a significant player in the technology space since its restructuring in 2015. As a dominant force on the global stage and one of the most valuable companies worldwide, Alphabet's interest in AI developments such as those from OpenAI could have considerable ramifications for its long-term strategic initiatives in the space.

What Investors Should Watch For

Investors and tech enthusiasts are keeping a close eye on the event for any potential announcements that could impact the roadmaps and market dynamics for companies like MSFT and GOOG. With AI being a frontier for the next phase of technological innovation, developments announced at this event could hold the key to future growth and competition within the industry.

OpenAI, ChatGPT, livestream