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Artifact, the information app created by Instagram co-founders Kevin Systrom and Mike Krieger, is shutting down a 12 months after launch. The app makes use of AI to recommend information that customers may prefer to learn. The app, nevertheless, appears to have did not seize the eye of customers on the app.
“We’ve constructed one thing {that a} core group of customers love, however now we have concluded that the market alternative isn’t sufficiently big to warrant continued funding on this manner,” CEO Kevin Systrom says in a weblog put up. The app is starting to shut down from at present. Customers can not add new feedback or posts, though will nonetheless allow you to learn information “by way of the top of February.”
Since its launch in January final 12 months, Artifact featured fascinating instruments together with AI summaries, commenting on articles and marking articles as clickbait. The platform broadened to later embrace options to share cool stuff on the internet and a Twitter-like put up characteristic.
In line with the the crew of eight individuals engaged on Artifact “will go our separate methods.”
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