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 help of artificial intelligence. However, statements made a few months ago revealed that it would be closed because it was not promising and did not reach the expected level could achieve.

Today there was a development regarding the future of Artefact. American technology giant Yahooannounced that it has acquired the company. of the agreement price not disclosed.

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

First of all, he said that he will not revive the application once the deal is completed. Artifact will become history let’s point it out. In other words, Yahoo, a leading news company, is purchasing Artefact’s technology. The app and no one from the team joins the company. Founders Systrom and Krieger stated that they would serve as consultants but would not officially move to Yahoo. The Artifact team, consisting of five people, has found another job or has gone on leave.

*This is what the Artefact app looked like.

As we said earlier, Artefact was an artificial intelligence-powered news feed application. The platform had a system that offered personalized recommendations to its users. Monthly Yahoo News with 185 million visitors He took such a step to integrate this into himself.

Now a wide range of users will be able to benefit from this technology. From categorization to personalization, Artefact’s features with artificial intelligence support will appear on Yahoo News. In the future to other Yahoo products and applications will also be added. Both sides agreed that integration would not happen immediately will happen slowly he claimed.