“Artifact by Instagram’s Co-Founders: The AI-Powered News App That Won’t Die”
Artifact, the well-received AI-powered news app from Instagram’s co-founders, Kevin Systrom and Mike Krieger, may not be shutting down as planned.
“It takes a lot less to run it than we had imagined,” Systrom confirmed to TechCrunch, adding that it’s just himself and Krieger running Artifact right now.
Artifact made a splash at launch, not only because it was the first major effort at a new social app from Instagram’s co-founders, but also because of its clever use of AI.
pic.twitter.com/5PaMavJbNS — @samhenrigold@hachyderm.io (@samhenrigold) March 16, 2024Following Artifact’s announcement of its impending closure, interest in using AI to summarize the news has heated up.
Browser startup Arc implemented an AI-powered “pinch to summarize” feature ahead of its $50 million fundraise.