TECH CRUNCH - Artifact, the new personalized news app from Instagram's co-founders, is another startup whose funding was caught up in the Silicon Valley Bank failure. Unlike many other startups impacted by the bank crisis, Artifact's co-founder Kevin Systrom was in the fortunate position of being able to self-fund their startup, if need be, and was planning to loan the company money to keep it afloat. As it turns out, Artificat's financial crisis was short-lived. Systrom said that after the government took control of SVB, Artifact has since recovered all funds and has no more problems on that front.
3 posts categorized "Artifact"
Artifact Co-founder Kevin Systrom on The SVB Crisis, Its Further Impacts and Future of Tech
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Instagram's Co-founders' Personalized News App Artifact Launches to the Public
TECH CRUNCH - Artifact, the personalized news reader built by Instagram's co-founders, is now open to the public, with no sign-up required. Artifact is dropping its waitlist and phone number requirements, introducing the app's first social feature, and adding feedback controls to better personalize the news reading experience, among other changes.
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Instagram's Co-founders Are Back with Artifact, a Kind of TikTok for Text
THE VERGE - Kevin Systrom and Mike Krieger, the Instagram co-founders who departed Facebook in 2018, have formed a new venture to explore ideas for next-generation social apps. Their first product is Artifact, a personalized news feed that uses machine learning to understand interests and will soon let users discuss those articles with friends. The app uses algorithmic predictions, which Kevin Systrom sees as 'the future of social.'
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