There was, it was bought by Yahoo... http://summly.com

I remember this. Created by a 16 year old[1].

1 - https://en.wikipedia.org/wiki/Nick_D'Aloisio

Now we know what kind of mentality took Yahoo down. Marisa Mayer should have read less HN?

This reddit bot does a fantastic job of this. Summarizing articles in a readable manner.

https://www.reddit.com/user/autotldr/

https://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotld...

There is an Indian startup that does that: InShorts.com