Artifact, a news app by Instagram co-founders, Kevin Systrom and Mike Krieger, is shutting down.

Artifact used AI to suggest news articles, but it failed to gain sufficient popularity.

AI News Suggestions:

Despite a loyal user base, the market opportunity wasn't large enough for continued investment.

Market Opportunity

The app is in the process of winding down, with restricted user capabilities.

Winding Down

Users can read news on Artifact until the end of February.

Accessibility till February

Artifact introduced AI-powered summaries, clickbait marking, and expanded beyond news.

Feature Highlights:

The app allowed users to post links and share content similar to Twitter-like posts.

Diversification:

Challenges with moderation and oversight arose with features like comments and posts.

Moderation Challenges:

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