** BuzzFeed shares jump 14.7% to $2.57 premarket
** Digital media firm reports smaller Q2 loss, although revenue drops 24%
** Co's forecast implies rev could increase for first time in eight quarters
** BZFD sees Q3 rev ranging from a 3% drop to 5% growth
** CEO Jonah Peretti says beginning to see benefits from investments in tech platforms to boost AI products development
** Up to last close, BZFD stock had risen 124% this year
** The Nasdaq has risen about 12% in that time
(Reporting by Nikhil Sharma in Bengaluru)
((Nikhil.Sharma@thomsonreuters.com))
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