Axel Springer to close Upday in shift towards AI-based news


FILE PHOTO: The logo of the German publisher Axel Springer is seen outside its headquarters in Berlin August 7, 2013. REUTERS/Thomas Peter/File Photo

BERLIN (Reuters) - Axel Springer is shutting down the news outlet Upday, the German publishing giant said on Friday, in plans to revive the brand as a "trend news generator" driven by artificial intelligence.

Upday will close by the end of the year in its current form, with the new service scheduled to launch in the summer of 2024.

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