BuzzFeed ChatGPT Integration: Buzzfeed Stock Surges After OpenAI Deal

BuzzFeed ChatGPT integration news skyrocketed the BuzzFeed stock price. BuzzFeed is just the latest example of a company that has benefited from being linked to ChatGPT. BuzzFeed, an online media organization, announced that it has plans to leverage artificial intelligence provided by OpenAI (the developers of ChatGPT) to aid in its content generation efforts.

This month has seen some of the largest trading volumes ever for companies providing AI-related services, and this looks set to remain unchanged in the future. Are you new to artificial intelligence? Don’t worry; there’s still time to hop on the AI train. Don’t be scared of AI jargon; we have created a detailed AI glossary for the most commonly used artificial intelligence terms and explain the basics of artificial intelligence as well as the risks and benefits of artificial intelligence. Do you wonder about the effects of artificial intelligence in everyday life? Well, AI will soon not only suggest your next favorite series but also tell you which character you are in that show in BuzzFeed style.

BuzzFeed ChatGPT integration: Buzzfeed stock surges in enthusiasm over OpenAI

BuzzFeed intends to use OpenAI’s text synthesis technology, which is modeled after the popular tool ChatGPT, to generate unique quizzes and possibly other material in the near future. The news caused a 200 percent increase in BuzzFeed stock price. In a blog post published on Friday, BuzzFeed confirmed the decision. BuzzFeed has also inked a partnership with Meta. Those who own Buzzfeed stocks will find this to be a very pleasant experience.

BuzzFeed plans to implement AI into its editorial process to better serve its readers. BuzzFeed CEO Jonah Peretti recently stated that the company would be using OpenAI, the makers of the ChatGPT platform, to personalize content such as the company’s popular quizzes and listicles.

“In 2023, you’ll see AI inspired content move from an R&D stage to part of our core business, enhancing the quiz experience, informing our brainstorming, and personalizing our content for our audience.”
-BuzzFeed CEO Jonah Peretti

The timing is perfect, as OpenAI’s ChatGPT language model has been receiving a lot of attention recently, leading Microsoft to increase its investment and Google to respond with its own changes. The search giant has been on alert for the impending AI danger with Google code red for some time now.

Check out what is ChatGPT Plus and how does it work

Based on its statistical “knowledge” of millions of books and articles, ChatGPT’s underlying model, GPT-3, can generate coherent text in various styles, with outcomes that, depending on the topic, read quite similar to human writing. The goal of GPT-3 is to anticipate the most probable next words in a user-supplied sequence (a “prompt”). We can safely say that AI prompt engineering is the key to limitless worlds. Especially the text-to-text AI tools are like talking to someone. Therefore, just as we pay attention to our words when talking to someone, we should also pay attention to the words we use in prompts. Let’s try one of them to predict future BuzzFeed quizzes.

Which one did you get as a result? Do you think ChatGPT was able to create a good test? Maybe we could write a better prompt; there is always something to learn about how to use ChatGPT effectively. When you want to use the AI tool, you can get errors, like ChatGPT is at capacity right now. Yes, it is a really annoying error, but don’t worry; we know how to fix it without switching to ChatGPT Professional.

Returning to BuzzFeed, the company confirmed that it would not be using ChatGPT but rather developing its own implementation using OpenAI’s GPT-3 engine. So, was this decision the reason for the layoffs in December?

While there are still some debates about artificial intelligence-generated images, people are still looking for the best AI art generators. Will AI replace designers? Keep reading and find out.

BuzzFeed layoffs: Is AI officially taking our jobs for the first time?

In December, BuzzFeed eliminated about 180 positions or 12% of the total workforce. Despite the fact that the ChatGPT news that broke a month later made us worry that AI might replace us in the workplace, the CEO’s comments validate our worst fears.

“In tough economic times, we need to fight for every penny of revenue, and try to save every penny of costs.
But the truth is that working hard for our partners and operating cost efficiently, while essential, will only get us so far. To fulfill the promise of our mission, we need to build a stronger business foundation by executing a forward-looking strategy. We must look ahead and shift our business towards longer term trends in order to seize the opportunities that will come in the eventual recovery.
Over the next three years, the future of digital media will be defined by two major trends: creators, and AI.”
-BuzzFeed CEO Jonah Peretti

A representative for the corporation informed the publication that it is still committed to human-generated journalism despite of the BuzzFeed ChatGPT integration news.

The great tech expansion takes a hammering with a layoff spree for a while. Check out what causes the big tech layoffs.

Despite the hype, the promise of cheaper content creation thanks to AI-powered automation may be too good to pass up, especially if AI technologies continue to develop. For the time being, we can’t say if AI technologies will eventually replace human journalists or merely increase their productivity (in the tradition of inventions like the typewriter). Who knows what will happen as the history of generative AI continues to develop quickly?

Do you know DoNotPay AI lawyer is ready to give $1 million for any case in the US?

Welcome to the AI-driven world

The impact of artificial intelligence is growing so much that even giant media companies are changing how they do business. Almost every day, a new tool, model, or feature pops up and changes our lives, like ChatGPT, and we have already reviewed some of the best ones: