While Humans.txt has a very well set up and informative website explaining its purposes, highlighting its uses and even showcasing some of them, I can not find any similar details on AUTHORS.md.
I spotted a tweet pointing to a GitHub repo, "Hulk" and specifically one feature of it - generating an AUTHORS.md. This was the source of my curiosity, so I asked the author about it. Not even he was sure about its exact purpose vs. that of humans.txt.
A search on Google yielded only one developer related result, a GitHub repo named ZakharovviHumansTxtBundle. All the other results were related to medical issues. Similarly, searching for "authors.md" on both StackOverflow and StackExchange yielded no results. Not one. Conversely, the query "humans.txt" yields many.