Business > Tech
ChatGPT writing BuzzFeed articles may reduce some costs for the media firm but it won't be as profitable as investors think, Bank of America says
1 month ago | By Business Insider
Lara O'Reilly/Business Insider
Getting ChatGPT to write BuzzFeed articles won't be as profitable as investors think, Bank of America said in a note.
The media company has said it would use the AI tech to help produce content, causing its stock to soar 200% last week .
BofA maintained its underperform rating on the stock with a price target of $2, around 4% below its current price.
Getting ChatGPT to write BuzzFeed articles may reduce some costs for the struggling media firm, but it won't be as profitable as investors think, Bank of America warned in a note on Wednesday. Analysts pointed to...
Read more ...
Search by Tags
Tech Technology Markets MI Exclusive ChatGPT OpenAI BuzzFeed Artificial Intelligence Chatbot Monetization Bank of America Inflation Rising interest rates Recession riskTaxpayers in these states see the largest refunds
As we progress through the 2023 tax season, many Americans have their eyes on a potential tax refund. But getting money back from the government can actually be a double-edged... Read more ...
Why Philadelphia may pay some pregnant women $1,000 per month
The Philadelphia Department of Public Health is reportedly raising money to give $1,000 monthly payments to some expectant mothers living in certain areas of the city. The... Read more ...
A package containing 'suspicious white powder' was delivered to the...
Manhattan District Attorney Alvin Bragg. AP Photo/Seth Wenig A package containing "suspicious white powder" was delivered to the New York City building where the Manhattan... Read more ...
Police arrested senior citizens who blockaded banks in a 'Rocking Chair...
A climate protest aimed at older Americans gathered in front of Wells Fargo headquarters in San Francisco, California. Morgan McFall-Johnsen Senior citizens blockaded banks and... Read more ...
Terrorism experts say Trump's 'dangerous' rhetoric offers his extreme...
Former U.S. President Donald Trump. Anna Moneymaker/Getty Images Experts on political violence are alarmed by Trump's latest rhetoric as he faces a possible indictment. They... Read more ...
The premium Americans are paying for a mortgage versus rent hasn't been this...
FREDERIC J. BROWN / Contributor/Getty Images The monthly payment for a newly purchased home at the end of 2022 was $1,176 more than apartment rent. That premium is the widest... Read more ...
Luka Dončić Fined $35K for Money Gesture Toward Refs During Mavs' Loss to...
The NBA has fined Dallas Mavericks superstar Luka Dončić $35,000 for making an "inappropriate and unprofessional" gesture toward referees during Wednesday's... Read more ...
U.S. Contractor Killed By Suspected Iranian Drone In Syria, Pentagon...
A U.S. contractor was killed and six U.S. personnel were wounded after a drone attack on a coalition base near the city of Hasakah in northeast Syria, prompting the U.S... Read more ...
Suspicious Powder Found At Manhattan DA's Office As Possible Trump...
It's unclear what the powder is or if it has any connection to reports of a coming Trump indictment. Read more ...
As TikTok battles to remain in the U.S., it's offering creators ‘free...
It remains under how and where this content is distributed. Read more ...