Buzzfeed facing bankruptcy after AI gamble unravels
19 March 2026
Victor Tangermann, writing for Futurism:
The company reported a net loss of $57.3 million in 2025 in an earnings report released on Thursday. In an official statement, the company glumly hinted at the possibility of going under sooner rather than later, writing that “there is substantial doubt about the Company’s ability to continue as a going concern.”
This is distressing news. I knew a couple of former Sydney based Buzzfeed writers, and even visited the office on one occasion. Numerous media outlets are working with AI agents, but few are allowing them to run the news desk. I’m hoping Buzzfeed is able to work their way through this difficulty.
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