BuzzFeed stock surges on plan to use ChatGPT parent OpenAI to create online content

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BuzzFeed will use AI tools to personalize its quizzes and other content based on the user.

BuzzFeed’s stock spiked another 62% on Friday, extending its surge after the digital media firm revealed it would work with ChatGPT creator OpenAI’s artificial intelligence platform to create content for its website.

In a memo to staffers, BuzzFeed CEO Jonah Peretti said the firm would use AI technology to improve its quizzes by personalizing results based on a reader’s responses,“In 2023, you’ll see AI inspired content move from an R&D stage to part of our core business, enhancing the quiz experience, informing our brainstorming, and personalizing our content for our audience,” Peretti said in a blog post on the effort, adding that he would “share more soon” with the public.

The company had struggled since it went public via a special purpose acquisition company deal in late 2021. Shares are still down more than 60% since its public debut.In December, BuzzFeed announced plans to trim its workforce by 12% as part of cost-cutting efforts. The company had 1,522 employees through the end of last year.

 

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Yup, it closed yesterday at $2.09, and right now is at : Brought to you by me. Holding DBI is Honor.

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BuzzFeed says it will use AI tools from OpenAI to personalize its contentPersonalized quizzes, written with the help of AI So they're gonna use AI to pick 20 Kardashian pics to put in a 200-270 word article?
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BuzzFeed to use OpenAI technology to create contentOnline media company BuzzFeed plans to use artificial intelligence powered by OpenAI, the company behind ChatGPT, to help it generate content. Get ready, folks! THE Singularity is coming to a humanity near you. dreamcatchermja Hookers are getting too expensive? Yikes yikes yikes
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