As reported by Channelnews, Meta has recently made public its acquisition of Limitless, a company specializing in AI - powered wearable devices. Limitless has gained considerable recognition for its voice - interactive smart pendant. Among its investors are prominent names such as Andreessen Horowitz and Sam Altman, the CEO of OpenAI.

The Limitless device boasts a range of impressive features. It allows for real - time recording, transcription, and voice - based search functions. The core design concept of this device revolves around boosting users' ability to concentrate and enhancing their memory. Following the acquisition, the entire Limitless team will become part of Meta. Their expertise will be leveraged to aid in the development of next - generation AI hardware.

It's worth noting that Meta has been making strategic moves in this area. Previously, the company brought in Alan Dye, a former Apple designer, to head its newly formed design department. Additionally, Meta has reallocated some of its resources initially earmarked for the metaverse towards the development of AI wearables.

As for the financial aspects of this acquisition, specific details have not been disclosed. However, it's known that Limitless was valued at $367 million in 2023.