As Microsoft continues to ramp up its monetization efforts of its AI chatbot, Wedbush has estimated that ChatGPT is worth at least $20 per share.
ChatGPT is a chatbot developed by Microsoft that is designed to help businesses better understand their customers and improve customer service.
The chatbot uses natural language processing (NLP) and artificial intelligence (AI) to understand customer queries and provide automated responses. The chatbot is designed to be more efficient than a human customer service representative, and can provide more accurate answers to customer questions.
Wedbush believes that ChatGPT is worth at least $20 per share to Microsoft due to its potential to generate revenue. Microsoft has already begun to monetize the chatbot by offering it as a subscription service. The subscription service allows businesses to use the chatbot for a monthly fee, which can generate a steady stream of revenue for Microsoft.
In addition, Wedbush believes that ChatGPT has the potential to be used in other areas, such as customer relationship management (CRM) and marketing automation. This could further increase the value of the chatbot to Microsoft.
Overall, Wedbush believes that ChatGPT is worth at least $20 per share to Microsoft. The chatbot has the potential to generate a steady stream of revenue for Microsoft, as well as provide other benefits such as improved customer service and increased efficiency. As Microsoft continues to ramp up its monetization efforts of the AI chatbot, Wedbush believes that ChatGPT is worth at least $20 per share.