Recently, ChatGPT not only caused a shock in the technology sector, but also became a driving force in the stock market. Any company involved in ChatGPT causes its stock price to skyrocket. This morning, Xiaomi's share price also surged nearly 10% with millions of people, as well as shareholders, rushing to buy the Chinese company's shares.
ChatGPT also touches Xiaomi: shares up 10% thanks to the AI chatbot
Right now, Xiaomi's share price stands at HK$13,52 (about €1,50), up 9,3%, with a total market value of HK$340 billion ( about 40 billion euros).
As for why Xiaomi's stock price has soared, despite the fact that many of the company's investors are at a loss, with the recent rise in popularity of ChatGPT, an AI-based prototype chatbot, Xiao Ai of Xiaomi will become an important AI platform that will obviously benefit from this technology.
Read also: Microsoft launches AI versions Edge and Bing thanks to ChatGPT
According to the third quarter financial report released by Xiaomi, as of September 30, 2022, the Xiaomi AIoT platform has connected 558 million IoT devices (excluding smartphones, tablets and laptops); there are more than five devices connected to the Xiaomi AIoT platform for each user (excluding smartphones, tablets and laptops) the number of users is 10,9 million.
With the growing improvement of the smart ecosystem, Xiaomi's attraction for users has also increased significantly. In September 2022, the number of monthly active users for Xiaomi's virtual assistant Xiao AI increased by 9,0% year on year, to a total of 115 million users. While the number of monthly active users of the Mijia app increased by 20,9% year-on-year, to a total of 724 million users.
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