Yahoo Snaps Up AI App Artifact, Eyes Personalized News Revolution
April 2, 2024
Yahoo has acquired AI news app Artifact, created by Instagram's co-founders.
Instagram's co-founders will advise Yahoo but won't join the company full-time.
Artifact's technology will be used to improve Yahoo News and may extend to other Yahoo services.
The Artifact app will be shut down as its technology is assimilated into Yahoo's platforms.
The acquisition showcases a trend towards AI-driven personalization in news media.
Summary based on 12 sources
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Sources
TechCrunch • Apr 2, 2024
Yahoo is acquiring Instagram co-founders’ AI-powered news startup Artifact | TechCrunch
The Verge • Apr 2, 2024
Yahoo is buying Artifact, the AI news app from the Instagram co-founders
The Verge • Apr 2, 2024
Yahoo is buying Artifact, the AI news app from the Instagram co-founders
Yahoo Finance • Apr 2, 2024
Yahoo acquires Instagram co-founders' AI news platform Artifact