News Summary

Meta has announced the acquisition of Limitless, an AI startup known for its wearable device that records and transcribes conversations. Founded by Brett Bejcek and Dan Siroker, Limitless initially focused on AI and hardware, offering a $99 pendant device. The acquisition aligns with Meta’s vision to enhance AI-enabled wearables and expand its consumer hardware efforts. Limitless will cease selling its devices but will support existing customers for a year. The startup had raised over $33 million from investors such as a16z and NEA. This acquisition highlights Meta’s commitment to advancing AI technology in consumer products.