Yahoo just announced a big AI acquisition

News Snapshot:

Yahoo, the former king of the internet, said Tuesday that it’s acquiring an AI news aggregation company. U.S. wants South Korea to stop sending AI chips to China CC Share Subtitles Off English view video U.S. wants South Korea to stop sending AI chips to China The firm, Artifact, was started by Instagram founders Kevin Systrom and Mike Krieger. Yahoo told Quartz that the purchase is its first AI acquisition. Meanwhile, the rivals it once competed closely with — Google and Microsoft, for example — have been swallowing up AI for years. Artifact’s tech will be used across the Yahoo...