Argh....
No it is not artifical gravity because it does not act like gravity.
It merly creates a pull, but that pull is a constant thing regardless your distance form the conducts as long as you're between them.
This seems a pointless riddle over tiny details, but those details are crucial!!!
If they had true artificial gravity then ships could be accelerated regardless their stucture since gravity is more or less a space affecting force, moreover weapons could fire at huge distances with immense power.
Finally you could simply crush an opponent using artificial gravity that indeed creates gravitational force.
It is the major and long-term effect that most cliche writters forget. A simple invention has a garmada of other uses and possibities than the one you've made up your invention for.
So please, take a note, and call this weightiness "warpspace" or "warppull" if you give credit to my idea, but even if you don't , please don't just throw in some new techno jumbo, or other force. One of the reasons I like FS is that it's consistant and an invention's impact on life is indeed handled and valued.
So try to use already existing things to explain things that wouldn't bring about any unnecessary irregularities in the universe.