Yahoo Buys News App Artifact!

Instagram co-founders Kevin Systrom and Mike Krieger announced in early 2023, “ArtifactHe introduced an application called “. This app was basically a news feed and recommendation platform. It did this with the support of artificial intelligence. However, the statements made a few months ago showed that it would be closed down because it was not promising and could not reach the expected level.

Today, there was a development regarding the future of Artifact. US technology giant yahooannounced that it acquired the company. of the agreement price not disclosed.

Artifact’s artificial intelligence infrastructure will move to Yahoo, the application will not continue

First of all, he said that he will not bring the application back to life, when the deal is completed. Artifact will become history let’s point out. In other words, Yahoo, a prominent news company, is purchasing Artifact’s technology. The app and none of the team are joining the company. Founders Systrom and Krieger stated that they would serve as consultants but would not officially move to Yahoo. Artifact’s team of 5 people either found another job or went on leave.

*This is what the Artifact app looked like.

As we said before, Artifact was an artificial intelligence-supported news feed application. The platform had a system that offered personalized recommendations to its users. Monthly Yahoo News with 185 million visitors He made such a move to integrate this into himself.

Now a wide range of users will be able to benefit from this technology. From categorization to personalization, the features Artifact offers with artificial intelligence support will begin to appear on Yahoo News. In the future to other Yahoo products and applications will also be added. Both parties agreed that the integration would not be immediate and will happen slowly he stated.