Following Artifact's announcement of its potential closure, interest in AI for news summarization has increased. Several startups, including browser startup Arc and AI news reader Particle, have implemented AI-powered features to improve the news reading experience. Despite losing its social features, Artifact continues to offer news reading and AI summarization features in its current version.
Key takeaways:
- Artifact, the AI-powered news app from Instagram’s co-founders, Kevin Systrom and Mike Krieger, may not be shutting down as previously announced due to the market opportunity not being "big enough to warrant continued investment."
- The app, which was supposed to end in February 2024, is still functioning and the founders are exploring ways to maintain it in the future.
- Artifact uses AI to help users discover news from pre-vetted sources and offers features to summarize news in various styles. It can also rewrite clickbait headlines for better clarity.
- Despite the removal of its social features, the app continues to offer news reading and AI summarization features in the version that remains live today.