Yahoo is acquiring Artifact, an AI news app developed by Instagram's co-founders.
Artifact's technology for categorizing, curating, and personalizing content will be integrated into Yahoo News and other Yahoo platforms.
The acquisition will provide Yahoo with advanced recommendation systems and access to Artifact's innovative tech.
Artifact's app will be discontinued, but its underlying technology will enhance Yahoo's user experience.
Both parties see the potential for a faster evolution towards a personalized content ecosystem.
Source: https://www.theverge.com/2024/4/2/24118436/yahoo-news-artifact-acquisition
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