BuzzFeed shares jump 150% on plans to use OpenAI for content

BuzzFeed shares jumped around 150% on Thursday after it announced plans to create AI-powered content. "In 2023, you'll see AI inspired content move from an R&D stage to part of our core business," CEO Jonah Peretti said. In a statement to Reuters, BuzzFeed said it will be using ChatGPT maker OpenAI's "publicly available API (application programming interface)" to develop content.