The construction of a dedicated application to help people group and read news, articles and publications on social networks in one place is apparently a difficult proposal today. SMASHING, an application fueled by AI that allows users to manage the news and the messages they would like to read, is in the process of stopping, apparently because of its inability to evolve fairly quickly.
“We simply did not grow up quickly enough to continue. We have not been able to develop it in a lasting product,” the company said in an email to customers announcing its closure.
The founder of Goodreds, Otis Chandler, launched Smashing last June, aimed at using AI and the community to organize press articles, blog articles, podcasts and social networks on the web. The application allows users to follow their interests, submit content and vote on the suggested content to indicate relevance. He also had summaries fed by AI and a bot that could answer questions.
The company declared in the email that it had seven employees working on the product. SMASHING had raised $ 3.4 million in TRUE VENTURES, Blockchange, Offline Ventures, Advancit Capital, Power of N Ventures and several providential investors.
Fortunately, there are many startups that work on the problem of crashes in the process of going. We have news readers supplied by AI as a bulletin and particle, as well as applications of food aggregators such as Feeeed, Tapestry and Reeder – to choose some.
The closure of Smashing comes after the co-founders of Instagram closed their Artifact of the information application fed by AI last year And finally sold technology to Yahoo.
