Meta Acquires AI Wearable Startup to Enhance Technology Portfolio
The company's flagship device, which resembles tiny headphones and measures just 1.25 inches wide, records and transcribes conversations. Announced by Limitless CEO Dan Siroker, this acquisition includes a compact device that records and transcribes conversations using beamforming technology. Limitless will support existing customers for one year, with the Rewind app being sunset after the acquisition.
Meta has announced the acquisition of AI wearable startup Limitless, a move that aligns with the tech giant's vision for AI-enabled wearables. The announcement was made by Limitless CEO Dan Siroker, marking a significant step in Meta's strategy to enhance its technology portfolio.
Limitless: A Brief History
Founded five years ago, Limitless has carved out a niche in the emerging field of AI wearables. The company's flagship device, which resembles tiny headphones and measures just 1.25 inches wide, records and transcribes conversations. This compact wearable employs beamforming technology to capture audio effectively.
Transition and Support Plans
Following the acquisition, Limitless has committed to supporting its existing customers for one year. Notably, the Rewind app, which is part of Limitless's suite of offerings, will be sunset after the acquisition. However, the existing devices will be supported until next December, ensuring a smooth transition for current users.
Meta's Strategic Vision
This acquisition is a strategic move for Meta as it seeks to expand its capabilities in AI wearables. The company currently offers smart rings that track fitness data, and this acquisition could potentially lead to the development or acquisition of a new smart ring, further diversifying Meta's product offerings in the wearable technology sector.
Enhancing the Technology Portfolio
Meta's acquisition of Limitless underscores its commitment to enhancing its technology portfolio. By integrating Limitless's innovative wearable technology, Meta aims to push the boundaries of what is possible with AI-enabled devices. This acquisition not only bolsters Meta's current offerings but also sets the stage for future innovations in the wearable tech space.
“This acquisition aligns perfectly with our vision for AI-enabled wearables and will significantly enhance our technology portfolio,” a spokesperson for Meta stated regarding the acquisition.
As the integration of Limitless into Meta progresses, the tech industry will be watching closely to see how this acquisition influences the future direction of AI wearables and the broader technology landscape.