tech
March 14, 2026
AI has nearly killed Buzzfeed, but its CEO has learned nothing.
Three years ago Buzzfeed embraced AI, using it to generate articles and quiz responses. Turns out, nobody wants that. The company posted a loss of $57.3 million in 2025 and its stock dropped to just $0.70. But CEO Jonah Peretti is still planning to bring “new AI apps” to market. 🤦
TL;DR
- Buzzfeed adopted AI three years ago to generate content.
- The company incurred a loss of $57.3 million in 2025.
- Buzzfeed's stock price dropped to $0.70.
- CEO Jonah Peretti plans to launch new AI apps despite financial losses.
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