Instagram Founders' AI News App Artifact Shuts Down! What Went Wrong?

Artifact, AI news app by Instagram founders, to shut down.

Launched in Feb 2023, personalized news experience.

Shutdown announced by CEO Kevin Systrom

Core news reading until end of February.

New posts and comments disabled from Jan 12.

Slimming down operations due to market constraints.

Market opportunity not significant for continued investment.

AI-powered features: article summaries, comments, and clickbait marks.

Modern version of Google Reader, personalized with machine learning.

Closure amidst challenges for news publications and tech relationships