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BuzzFeed Shares Soar as Publisher Plans to Use ChatGPT Creator OpenAI for Content

BuzzFeed Shares Soar as Publisher Plans to Use ChatGPT Creator OpenAI for Content
Buzzfeed employees work at the company’s headquarters in New York, on Jan. 9, 2014. Brendan McDermid/Reuters
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BuzzFeed plans to use ChatGPT Creator OpenAI tools to help produce some of its content, joining the growing list of digital publishers planning to incorporate artificial intelligence into their business operations, according to a memo reviewed by The Wall Street Journal.

The digital publisher’s shares rose 120 percent, to $2.09 on Jan. 27 after gaining more than 150 percent in trading on Jan. 26 following the news. Year to date, the stock is up 186 percent.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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