2min chapter

Channels with Peter Kafka cover image

We quiz BuzzFeed’s CEO about AI

Channels with Peter Kafka

CHAPTER

Buzzfeed Plus AI Makes Sense to Investors

I just wanted to ask you about the business part of this. You put the press release out stock shot up at one point it was 4x. It's come back down, but it's still above where it was prior to you doing this. Did you expect to see investors reward you for announcing plans to use AI? No, I mean, we we don't control the stock. People buying and selling control the price of the stock. Sadly, my employer Vox Media is in the same boat.

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