Meta Platforms Acquires Limitless, a Startup in AI Wearables

Meta Platforms has acquired AI wearables firm Limitless, a five-year-old startup based in Denver. Limitless’ key product is an AI-powered pendant that records audio and generates summaries. “We’re excited that Limitless will be joining Meta to help accelerate our work to build AI-enabled wearables,” Meta said via a statement. Meta has had success in the wearables space with its Ray-Ban Meta smart glasses, which feature a Meta AI digital assistant. Meta’s further push into AI devices that consumers can use casually in everyday situations comes as the company reportedly considers downsizing its metaverse investments. Continue reading Meta Platforms Acquires Limitless, a Startup in AI Wearables

Amazon Buying Startup Bee, Maker of the Pioneer AI Bracelet

Amazon has agreed to purchase AI wearables firm Bee, it was announced via a LinkedIn post by the San Francisco-based startup. Bee’s principal product is a $50 wrist device called the Pioneer that records all audio within range unless manually muted. Combined with a $19 per month subscription the device records and transcribes “daily memories” to create to-do lists and reminders based on what it hears. It can also answer questions. Bee’s website says the product is backordered due to “high demand” with shipments resuming in September. Terms of the acquisition were not disclosed. Continue reading Amazon Buying Startup Bee, Maker of the Pioneer AI Bracelet