Meta Acquires AI Pendant Maker Limitless as Tech Giant Pushes Into Wearable AI Market
Summary
Meta acquires AI pendant maker Limitless for its $99 conversation-recording device technology as the social media giant accelerates into wearable AI hardware to compete with OpenAI, while Limitless shuts down operations and offers customers free service before closure.
Key Points
- Meta acquires AI device startup Limitless, which makes an AI-powered pendant that records conversations for $99
- Limitless discontinues hardware sales and winds down operations, offering existing customers free unlimited plans for one year before shutting down
- The acquisition helps Meta accelerate development of AI-enabled wearables as competition intensifies from major players like OpenAI in the AI hardware market