Meta has bought Limitless, a company that makes AI wearables. This fits with its goal of making personal superintelligence better. Limitless is best known for its AI-powered Pendant, which records audio all the time so that users can find information. The company will not make any new Pendants, but it will offer free help to current customers for a year. The financial terms of the acquisition are unknown, and Limitless is likely to retain some of its autonomy following the deal’s completion.
Meta has acquired Limitless, as revealed on their homepage with a message from co-founder and CEO Dan Siroker. His blog post states, “I’m excited to share that Limitless has been acquired by Meta. I’m going to share why we joined forces, what this means for customers, and what comes next.”
He also said that the purchase was made because they needed to improve technology and speed up product development towards personal superintelligence. Siroker talked about a bright future, but he didn’t talk about how competition was growing or how there hadn’t been any new ideas since the Pendant.
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The deal’s financial details and changes to the structure were not made public, but it seems that the Limitless brand and Siroker’s role will stay the same. Also, we don’t know who is in charge of Meta’s Superintelligence Labs or Reality Labs.
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According to the company, existing AI Pendant users may expect continued support for at least another year, but the Pendant will no longer be available for purchase for new customers. Current customers will benefit from the Unlimited Plan at no additional cost and will not be charged a monthly fee. However, certain capabilities, such as Rewind, may be phased out, and regional availability may vary. Continuing customers must consent to the revised Privacy Policy and Terms of Service, but their data will be protected regardless of whether they keep or quit usage of the Pendant. A new function has been added to enable data exports, and users may now simply delete their data within the app.
