Kevin Systrom and Mike Krieger, Instagram’s co-founders who stepped down from the company in 2018, launched a new app called Artifact, which uses AI to personalize a news feed catered to a user’s interests, according to The Verge . Artifact takes a TikTok-like approach to recommending content, displaying a range of news articles and algorithmically tuning a user’s feed based on what they...
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Creator Economy startups venture capital
VC Firm Torch Capital Raises Second $200 Million Fund
Torch Capital, an early-stage venture firm, raised $200 million for its second fund, The Information is first to report. The New York-based firm, which has $400 million in assets under management, has backed startups including investing platform Acorns, real estate company Compass and salad chain Sweetgreen. Its creator economy investments include Kyra, a video content studio that connects...
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