News Summary

• We live in an exciting time where artificial intelligence is changing just about everything we touch, and the opportunities for new ideas seem limitless,” he said.To give users time to transition, the app will begin by shutting down various features, like the ability to comment and make posts..
• Existing posts will remain visible for the time being, and Artifact will continue to operate its “core news capability” through the end of February.The shutdown comes amid increased competition in the Twitter rival landscape but also a slowdown in the usage of other news aggregators, like SmartNews..
• However, the slate of changes had perhaps diluted the original value of the product, which was a simple news app that could take on the likes of built-in offerings on users’ phones, like Apple News..
• In part, the way users are finding news and information is changing with the arrival of AI..
• It also employed several AI tools to summarize news, rewrite clickbait headlines and surface the best content..
• The latter had a rough 2023, with layoffs and the replacement of its CEO, while its app has been losing downloads and active users..