BuzzFeed launches AI-driven social media platform to combat misinformation and negativity

From StockTwits: 2025-02-11 21:08:09

BuzzFeed, Inc. announced a new AI-driven social media platform to counter tech platforms’ influence on the internet. The platform aims to combat misinformation, addiction, and negativity by fostering creativity and reinventing content creation and sharing. The company is building an alternative digital world focused on interactive storytelling, new content formats, and cutting-edge AI tools. BuzzFeed recently sold “First We Feast” for $82.5 million and aims to fully benefit from the ongoing AI revolution. Stock sentiment toward BuzzFeed remained bullish, with low message volume. The company went public in December 2021 through a SPAC deal, but the stock has dropped 93%.



Read more at StockTwits: Ailing BuzzFeed Stock Gets Going As Company Launches AI-Driven Social Media Platform: Retail Stays Enthusiastic