{"id":544657,"date":"2023-01-27T21:30:01","date_gmt":"2023-01-27T18:30:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/buzzfeed-shares-surge-120-on-plans-to-embrace-openai\/"},"modified":"2023-01-27T21:30:01","modified_gmt":"2023-01-27T18:30:01","slug":"buzzfeed-shares-surge-120-on-plans-to-embrace-openai","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/buzzfeed-shares-surge-120-on-plans-to-embrace-openai\/","title":{"rendered":"#BuzzFeed shares surge 120% on plans to embrace OpenAI"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3dfbfdd9c9e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3dfbfdd9c9e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/buzzfeed-shares-surge-120-on-plans-to-embrace-openai\/#%E2%80%9CBuzzFeed_shares_surge_120_on_plans_to_embrace_OpenAI%E2%80%9D\" >&#8220;BuzzFeed shares surge 120% on plans to embrace OpenAI&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CBuzzFeed_shares_surge_120_on_plans_to_embrace_OpenAI%E2%80%9D\"><\/span>&#8220;BuzzFeed shares surge 120% on plans to embrace OpenAI&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2023\/chatgpt.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2023\/chatgpt.jpg\" data-sub-html=\"Credit: Pixabay\/CC0 Public Domain\">\n<figure class=\"article-img\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2023\/chatgpt.jpg\" alt=\"chatgpt\" title=\"Credit: Pixabay\/CC0 Public Domain\" width=\"800\" height=\"426\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                Credit: Pixabay\/CC0 Public Domain<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>BuzzFeed Inc. shares surged by a record on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> that the digital-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> company plans to use OpenAI to bolster some of its content creation.<\/p>\n<p>The stock rose by 120% Thursday, bringing BuzzFeed&#8217;s market value to nearly $300 million, in its biggest gain since going public via a blank-check merger in December 2021. The news sparked a trading frenzy with more than 190 million shares changing hands.<\/p>\n<p>&#8220;AI inspired content&#8221; will become &#8220;part of our core business&#8221; this year, including enhancing the company&#8217;s famous quizzes, BuzzFeed Chief Executive Officer Jonah Peretti said in a memo to staff seen by Bloomberg News. He added that breakthroughs in artificial intelligence will be &#8220;opening up a new era of creativity.&#8221;<\/p>\n<p>BuzzFeed will use OpenAI&#8217;s publicly available <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication programming interface, according to a spokesperson.<\/p>\n<p>The move toward AI-assisted content comes as OpenAI&#8217;s viral chatbot faces a barrage of critics and believers alike.<\/p>\n<p>ChatGPT, OpenAI&#8217;s artificial intelligence tool, has lit up the internet since its introduction in November, amassing more than a million users within days and touching off a fresh debate over the role of AI in the workplace. Earlier this week, Microsoft Corp. said it&#8217;s investing $10 billion in OpenAI.<\/p>\n<p>BuzzFeed&#8217;s stock move Thursday is reminiscent of the crypto and blockchain craze five years ago when shares of a company would surge when it announced a potential partnership or entry into the popular sector.<\/p>\n<p>OpenAI wasn&#8217;t immediately available for comment.<\/p>\n<p>Cowen analysts say in a Thursday note that the incorporation of AI can lower the cost of content, but &#8220;timing and impact of their growing adoption of AI is unclear at this point.&#8221;<\/p>\n<p>BuzzFeed&#8217;s plans for OpenAI were reported earlier by The Wall Street Journal, which also said that the media company is working with creators to produce content for Facebook parent Meta Platforms Inc. as part of a deal valued at almost $10 million, according to people familiar with the situation. Meta and BuzzFeed declined to comment on that report.<\/p>\n<p class=\"article-main__note mt-4\">\n                                                2023 Bloomberg L.P. <br \/>Distributed by Tribune Content Agency, LLC.<\/p>\n<p>                                        <!-- print only --><\/p>\n<div class=\"d-none d-print-block\">\n<p>                                                <strong>Citation<\/strong>:<br \/>\n                                                BuzzFeed shares surge 120% on plans to embrace OpenAI (2023, January 27)<br \/>\n                                                retrieved 27 January 2023<br \/>\n                                                from https:\/\/techxplore.com\/news\/2023-01-buzzfeed-surge-embrace-openai.html<\/p>\n<p>                                            This document is subject to copyright. 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The stock rose by 120% Thursday, bringing BuzzFeed&#8217;s market value to nearly $300 million, in its biggest gain&#8230;<\/p>\n","protected":false},"author":1,"featured_media":544658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2023\/chatgpt.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-544657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/544657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=544657"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/544657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/544658"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=544657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=544657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=544657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}