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What is chatGPTt? Here’s what chatGPT says

GPT-3 (Generative Pretrained Transformer 3) is an advanced language model developed by OpenAI. It is a type of artificial intelligence (AI) system that uses deep learning algorithms to process and generate natural language text.

GPT-3 is trained on a massive corpus of text data and can perform a wide range of tasks, including answering questions, writing coherent paragraphs, and generating creative content. Unlike earlier language models, GPT-3 does not require task-specific training data and can learn to perform new tasks simply by being fine-tuned on a smaller dataset.

GPT-3 has been widely regarded as a significant breakthrough in AI language processing, due to its ability to generate human-like text and perform various language tasks with remarkable accuracy. The model has been used to power various natural language processing (NLP) applications, including chatbots, conversational agents, and language translation systems.

In short, GPT-3 is a highly advanced language model that has the ability to understand and generate human language, making it a powerful tool for NLP applications.

How can chatgpt help? here’s what it replies

As an AI language model developed by OpenAI, I can help you with a variety of tasks and provide information on a wide range of topics. Some of the ways I can help include:

  1. Answering questions: I can answer factual questions about various topics, such as history, science, technology, and more.
  2. Providing definitions: I can provide definitions and explanations of terms, concepts, and ideas.
  3. Generating text: I can generate coherent and grammatically correct text based on your input and requirements.
  4. Recommending products or services: I can make recommendations for products or services based on your needs and preferences.
  5. Translating text: I can translate text from one language to another.
  6. Providing advice: I can provide general advice and guidance on various topics, such as career development, personal finance, and health.

Overall, I’m here to assist you with information and support on a wide range of topics, so feel free to ask me anything.

Can people chat with Chatgpt for entertainment?

Yes, people can talk with me for entertainment. I can engage in casual conversations, generate jokes, tell stories, or play games. I'm designed to respond to a wide range of inputs, so feel free to ask me anything, and I'll do my best to provide a witty, informative, or engaging response. Note that as an AI language model, my responses are generated based on patterns in the data I was trained on, and I may not always respond in the way you expect. However, I'm here to help, so please feel free to have fun and ask me anything!

How much cost it took to build you?

The cost of building and training GPT-3, the AI language model I am based on, is not publicly disclosed by OpenAI. However, it is widely recognized that developing and training large-scale language models like GPT-3 requires significant computational resources, including large amounts of computing power and storage, as well as vast amounts of high-quality training data. The exact cost of building and training GPT-3 is therefore difficult to estimate and would likely vary depending on a range of factors, including the hardware and software used, the size of the training data, and the duration of the training process.
In general, developing and training advanced AI systems like GPT-3 is a complex and resource-intensive process, requiring substantial investment in research and development. However, the benefits of such systems are substantial, including improved natural language processing, better information retrieval, and more advanced language generation capabilities, among others.

Who invented CHATGPT?

Chatgpt was developed by OpenAI, a research organization focused on advancing artificial intelligence in a responsible and safe manner. OpenAI was founded in 2015 by a group of prominent individuals in the technology industry, including Elon Musk, Sam Altman, Greg Brockman, Ilya Sutskever, and Wojciech Zaremba, among others. Since its founding, OpenAI has been at the forefront of AI research and development, working on a range of projects aimed at advancing the state-of-the-art in artificial intelligence, machine learning, and deep learning, among other areas. I, specifically, am based on OpenAI’s third-generation language model, GPT-3, which was released in 2020 and has since received significant attention and recognition for its advanced natural language processing capabilities.

Here are some useful reference links

Here are a few references that provide information about GPT-3 and OpenAI:

  1. OpenAI Website: https://openai.com/
  2. GPT-3 Overview: https://beta.openai.com/docs/models/gpt-3
  3. GPT-3 API Documentation: https://beta.openai.com/docs/api-reference/overview
  4. GPT-3 Research Paper: https://cdn.openai.com/better-language-models/language_models_are_unsupervised_multitask_learners.pdf
  5. OpenAI Blog: https://openai.com/blog/

These resources provide a good starting point for learning more about GPT-3 and OpenAI. They cover a range of topics, including the architecture of the model, its capabilities and limitations, and examples of applications built using GPT-3. Additionally, the OpenAI blog provides insights into the latest research and development efforts at the organization.

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Is it right to invest in Nestle? Buy, sell or Hold

share market articles

Checked by: Vijay Verma

NESTLE started doing business in India in 1912, importing and selling finished goods there. The business gradually increased its presence in India. Are you holding this stock?

The company has maintained its share capital and its continuous supply of FMCG made this stock a multi-bagger. If anybody had invested in this stock in 2010, this stock would have given 600% growth along with Dividends and bonuses.

Nestle CMP is Rs20338 as of Dec 13 which is almost its all-time high. Ideally is it not advised to make a new entry at this point of time? While looking at the NIFTY 50 CMP 18608 again at its all-time high suggesting the stocks would see resistance at this level.

Let’s look at the technical analysis of the stock.

Nestle stock price chart – Technical analysis

Looking at the technical analysis of the stock, the stock seems to be touching the upper band of the channel. Another entry can be taken somewhere around the support.

let’s look at the fundaments of this stock

Quarterly Results Figures in Rs. Crores

Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022
Sales +3,2163,1493,3253,0503,5423,4333,6113,4773,8833,7393,9814,0374,591
Expenses +2,4492,4552,5322,3032,6582,6562,6812,6292,9352,8743,0563,2173,580
Operating Profit7666947937488847779308489488669258191,011
OPM %24%22%24%25%25%23%26%24%24%23%23%20%22%
Other Income +564543383431302934-209211931
Interest32314141404254525244363737
Depreciation91949192919694959610610410298
Profit before tax700614704652786670812730834507806700906
Tax %15%23%25%25%25%28%26%26%26%24%26%26%26%
Net Profit595473525487587483602539617387595515668
EPS in Rs61.7449.0254.5050.4760.8950.1362.4655.8664.0340.1061.6853.4569.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021TTM
Sales +6,2557,5158,3359,1019,8558,1759,14110,01011,29212,36913,35014,70916,348
Expenses +5,0165,9906,5097,1537,8166,6207,2927,9138,6759,44310,14911,11812,727
Operating Profit1,2391,5251,8251,9482,0391,5551,8502,0972,6182,9263,2023,5923,620
OPM %20%20%22%21%21%19%20%21%23%24%24%24%22%
Other Income +3521319787-391140177259247146-116-138
Interest1527371439192112129164201153
Depreciation128153277330338347354342336370370390410
Profit before tax1,1451,3881,5531,6781,7748141,5451,8392,4292,6732,8132,8842,920
Tax %29%31%31%33%33%31%35%33%34%26%26%26%
Net Profit8199621,0681,1171,1855631,0011,2251,6071,9682,0822,1452,165
EPS in Rs84.9199.73110.76115.87122.8758.42103.86127.07166.67204.16215.98222.46224.55
Dividend Payout %57%49%44%42%51%83%61%68%69%168%93%90%

Balance Sheet

Figures in Rs. CroresCORPORATE ACTIONS

Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Jun 2022
Share Capital +96969696969696969696969696
Reserves7591,1781,7022,2722,7412,7213,1863,3243,5771,8221,9231,9882,232
Borrowings +09711,0501,1892018333535189147266280
Other Liabilities +1,7032,1572,3152,7562,9633,2513,4953,9074,3795,0655,7335,8606,007
Total Liabilities2,5584,4025,1646,3145,8206,0866,8107,3638,0887,1737,9008,2108,616
Fixed Assets +1,0131,5763,2043,3693,1772,8982,7302,6162,4012,3412,1792,9943,054
CWIP3491,37234429524523118894105143639246197
Investments1511343658518121,3251,7561,9792,6581,7511,464774809
Other Assets +1,0461,3201,2511,7991,5861,6332,1362,6732,9242,9373,6184,1964,556
Total Assets2,5584,4025,1646,3145,8206,0866,8107,3638,0887,1737,9008,2108,616

Cash Flows

Figures in Rs. Crores

Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Cash from Operating Activity +1,0371,1581,6931,7961,6441,0981,4661,8182,0522,2952,4542,271
Cash from Investing Activity +-446-1,528-941-441-432-70-126-131-5283-321-1,957
Cash from Financing Activity +-544323-513-580-1,635-498-666-997-1,317-3,602-1,956-2,019
Net Cash Flow47-47239775-423529674691683-1,223177-1,704

Ratios

Figures in Rs. Crores

Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Debtor Days464344434454
Inventory Days82898679821031079192107107111
Days Payable10692636871949199118124115122
Cash Conversion Cycle-2032814151220-5-22-14-3-7
Working Capital Days-51-14-11-17-13-21-10-15-21-19-21-15
ROCE %161%90%62%53%56%46%54%57%71%96%139%147%

Shareholding Pattern

Numbers in percentagesDEALS / TRADES

8 recently

Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022
Promoters +62.7662.7662.7662.7662.7662.7662.7662.7662.7662.7662.7662.76
FIIs +12.0711.8112.1011.5112.8412.2912.4312.3112.3512.0111.6512.05
DIIs +8.929.128.718.917.757.957.927.997.898.609.148.86
Government +0.070.070.070.000.000.000.000.000.000.000.000.00
Public +16.1816.2416.3616.8216.6516.9916.8816.9316.9916.6216.4516.33

Overall the company seems good to hold. However, It might take a healthy correction. If you wanna learn about the course check out our courses page.

#stockmarket #sharemarket #nestle

Update – 15-04-23

Current Market price is 19465