Meta acquires AI device startup Limitless
3 days ago
- #Meta
- #AI
- #Startup
- Limitless, formerly Rewind, acquired by Meta.
- Limitless will stop selling its AI-powered pendant and maintain support for existing customers for a year.
- Subscription fees are waived; users moved to Unlimited Plan temporarily.
- Non-pendant software 'Rewind' will be discontinued.
- Limitless pivoted to AI hardware last year, offering a $99 wearable pendant.
- Meta aims to bring 'personal superintelligence' via AI wearables; Limitless will support this vision.
- Increased competition from OpenAI and Meta made it difficult for Limitless to compete.
- Limitless raised over $33M from investors like a16z, First Round Capital, and NEA.
- Users can export or delete their data from the app.