Instagram Co-Founders Shut Down AI News App
Instagram co-founders Kevin Systrom and Mike Krieger are closing their AI-driven news app, Artifact, just before its one-year mark.
The core news reading features will be available until the end of February, while commenting and posting functionalities are disabled.
Artifact, known for its AI-centric approach and interactive environment, gained attention for its celebrity founders and innovative news consumption methods.
The app has a significant presence in Apple and Google’s app stores. CEO Systrom acknowledged the challenges faced by Artifact, stating that the market opportunity isn’t big enough to warrant continued investment.
The wind-down process has begun, with commenting and posting disabled, and news access remains until February’s end.
(With inputs from Shikha Singh)
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