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Meta has acquired Limitless, an AI startup previously known as Rewind, marking a strategic move in the wearable technology space. The company, which developed an AI-powered pendant for conversation recording, will discontinue hardware sales but continue supporting existing customers for a year. Users will transition to a free Unlimited Plan, eliminating subscription fees. Non-pendant software like ‘Rewind’ will be phased out as part of the restructuring. This acquisition highlights Meta’s expanding focus on AI-driven consumer devices.

Key facts

  • Meta acquired Limitless, a startup that created an AI-powered conversation-recording pendant.
  • The company will stop selling hardware devices but maintain customer support for 12 months.
  • Existing users will transition to a free Unlimited Plan without subscription charges.
  • Non-pendant software applications like ‘Rewind’ will be discontinued in the near future.
  • The acquisition underscores Meta’s growing interest in AI-enabled wearable technology.
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TAGS: #AI pendant  #AI startup  #Limitless  #Meta acquisition  #subscription fees  #TechCrunch  #wearable tech