Announced
Completed
Financials
Sources
Tags
United States
news aggregation
news discovery
AI solutions
AI solutions
Digital Services
Acquisition
Private
Domestic
Majority
Completed
Friendly
Single Bidder
Synopsis
Yahoo, an American web services provider, completed the acquisition of Artifact, the AI-driven news aggregation and discovery platform. Financial terms were not disclosed. "We built an intuitive product experience that users love and has the opportunity to benefit millions of people. Yahoo brings the scale to help the product achieve what we envisioned while upholding the belief that connecting people to the trusted sources of news and information is as critical as ever. AI has allowed us to give users a better experience discovering great content they care about. Yahoo recognizes that opportunity, and we could not be more excited to see what we’ve built live on through Yahoo News," Kevin Systrom, Artifact CEO and Co-Founder.
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