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Technology@lemmy.mlEnglish · 10 hours ago

BuzzFeed Nearing Bankruptcy After Disastrous Turn Toward AI

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BuzzFeed Nearing Bankruptcy After Disastrous Turn Toward AI

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Technology@lemmy.mlEnglish · 10 hours ago

cross-posted to:
technology@piefed.social

Three years after its pivot to AI, the writing is on the wall for BuzzFeed. The company said there's "substantial doubt" it can keep going.

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The brutal reality check seemingly hasn’t put Peretti off from pursuing AI, though. He now says he’s hoping to bring “new AI apps to the market” this year.

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