Artifact, the AI news app created by Instagram cofounders, was acquired by Yahoo

Artifact had previously announced that it was shutting down the small but beloved AI-driven news app around two months ago. It was expected that was the end of Instagram cofounders Kevin Systrom and Mike Krieger's latest project, but that turns out not to be the case.

In a statement on the Artifact website, the company announced that the app and its underlying technology has now been acquired by Yahoo. The company revealed that "While Artifact will no longer operate as a standalone app or site, the proprietary AI-powered personalization technology and other features will live on and be integrated across Yahoo, including in Yahoo News, in the months to come."

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