BuzzFeed soars on reports of Meta deal, plans to use OpenAI

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Craig Hallum and BofA positive on BuzzFeed's (BZFD) ChatGPT adoption

January 27, 2023 10:41 AM EST

BuzzFeed (NASDAQ: BZFD) shares surged another 28% Friday after Thursday's almost 120% jump on the news of its deal with Meta Platforms and plan to use artificial intelligence for some of its content.

Reacting to the report, analysts at Craig Hallum and BofA were positive on the news.

Craig Hallum's Jason Kreyer said Buzzfeed is looking to utilize AI and ChatGPT functionality as... More

BuzzFeed (BZFD) Extends Yesterday's Gain, Up Another 34%

January 27, 2023 7:15 AM EST

BuzzFeed (NASDAQ: BZFD) Extends Yesterday's Gain, Up Another 34%

... More

BuzzFeed (BZFD) will use AI to enhance content

January 26, 2023 2:02 PM EST

The Wall Street Journal reports BuzzFeed Inc. (BZFD) announced in a memo sent to staff on Thursday that the internet media company will rely on ChatGPT creator OpenAI to enhance its quizzes and personalize some content for its audiences.

The memo, sent by CEO Jonah Peretti, says that the company intends for AI to play a larger role in the BuzzFeeds... More

BuzzFeed (BZFD) Extends Gain, Now Up 180%

January 26, 2023 2:01 PM EST

BuzzFeed (NASDAQ: BZFD) Extends Gain, Now Up 180%

... More