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BuzzFeed CEO Jonah Peretti is getting a new job: President of BuzzFeed AI.
Byron Allen’s family office is taking a majority stake in the embattled BuzzFeed, and Allen will become BuzzFeed’s chairman and CEO while Peretti will transition to the new AI-focused role. In the role, Peretti will “bring his strategic focus to applied AI research, product innovation, and the development of new technology-driven media formats,” according to a press release.
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