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AI wearable company Limitless says it has been acquired by Meta
CNBC· 2025-12-05 19:43
Core Insights - Meta has acquired AI wearable startup Limitless, which specializes in an AI-powered pendant capable of recording conversations and generating summaries [1][2] - Limitless CEO Dan Siroker emphasized the alignment of their vision with Meta's goal of creating AI-enabled wearables for personal superintelligence [2] Company Developments - The acquisition was announced by Limitless on a corporate blog, although financial terms of the deal were not disclosed [2] - Meta's recent initiatives indicate a strong focus on integrating AI technologies into their product offerings, particularly in the wearable sector [3]
Vitalist Secures Facer for VitalOS
Thenewswire· 2025-12-05 12:30
   CALGARY, AB, CANADA – TheNewswire - December 5, 2025 – Vitalist Inc. (TSX-V: VITA; OTCQB: VTLSF) (“Vitalist” or the “Company”), the developer of the VitalOS™ operating system, is partnering with Facer - a leading watch face platform, to bring over 500,000 watch faces from some of the best brands and independent designers in the world to VitalOS smartwatches. Facer is the first key building block in what will be a vibrant ecosystem of 3rd party VitalOS watch apps for Vitalist. The three-year partnership ...
Meta scales back metaverse spending following reports of cutting budget by up to 30%
Fox Business· 2025-12-05 02:28
Core Viewpoint - Meta is shifting its focus from metaverse projects to AI-powered glasses and wearable technology, indicating a strategic pivot in resource allocation [1][2][5]. Group 1: Strategic Shift - Meta plans to reduce investment in its metaverse division, Reality Labs, by reallocating resources towards AI glasses and wearables due to positive momentum in that area [2][5]. - Reports suggest that Meta could cut as much as 30% from its metaverse group as part of its 2026 budget planning, potentially leading to layoffs as early as January [5]. Group 2: Financial Impact - Investors reacted positively to the news, with Meta's shares increasing by 4%, reflecting relief over the company's decision to scale back on its costly metaverse initiatives, which have incurred losses exceeding $60 billion [5]. - The company has committed up to $65 billion in capital expenditures for the year, while the broader tech industry is expected to invest around $400 billion in AI by 2025 [10]. Group 3: Market Position - Meta has encountered difficulties in promoting its immersive metaverse vision beyond the gaming community, but has seen early success with its smart glasses, prompting the resource shift [8]. - Competitors like Google, Apple, and Snap have struggled to convert their initial products into commercially viable offerings, highlighting Meta's potential advantage in the wearable tech segment [8].
Vitalist and MicroEJ Announce New Reebok Smartwatch Powered by VitalOS™
Globenewswire· 2025-12-02 12:30
Core Insights - Vitalist Inc. and MicroEJ have launched the first Reebok smartwatch powered by the VitalOS™ platform, aimed at supporting consumer brands in the wearable market [1][3] - VitalOS™ offers brands greater control over their wearable product experience, allowing for customization and alignment with brand-specific design priorities [2] Company Overview - Vitalist Inc. is a technology provider focused on helping brands create connected devices and applications that enhance user experience through intelligent analytics [8] - MicroEJ is a leader in software solutions for intelligent devices, with over 400 million units of its technology sold globally, enabling manufacturers to innovate rapidly [7] Platform Capabilities - VitalOS™ is built on MicroEJ's virtualization technology, designed to streamline the cost, speed, and scale of wearable development [2] - The platform supports low-power architecture for extended battery performance, 6–9 month development cycles, and hardware-agnostic scalability [4] Commercial Implementation - Reebok is the first global brand to implement VitalOS™, showcasing how established brands can extend their legacy into the wearable market [3] Future Showcase - Vitalist, MicroEJ, and Reebok will present the new smartwatch and the VitalOS™ platform at CES 2026, highlighting the collaboration and product capabilities [6]
JLT Mobile Computers and MākuSafe® Announce Strategic Partnership to Advance Connected Worker and Forklift Safety Solutions
Globenewswire· 2025-12-01 14:00
Core Insights - JLT Mobile Computers and MākuSafe have announced a strategic partnership aimed at enhancing worker safety and operational efficiency in industrial environments through integrated technology solutions [2][5]. Group 1: Partnership Overview - The partnership builds on existing collaboration between JLT and MākuSafe, serving shared clients with a combined solution that integrates JLT's rugged mobile computers with MākuSafe's wearable technology [3][5]. - The integration includes JLT's ruggedized mobile computers installed on powered industrial vehicles (PIVs) or forklifts, working alongside MākuSafe's Scout™ forklift safety application to improve real-time visibility into pedestrian proximity [3][4]. Group 2: Safety and Efficiency Benefits - Early adopters of the combined technologies have reported significant reductions in hazardous forklift-pedestrian interactions and measurable productivity gains due to improved situational awareness [4]. - The partnership aims to provide industrial organizations with a clear path to accelerate digital transformation by connecting workers, equipment, and data-driven safety insights [5][6]. Group 3: Future Initiatives - JLT and MākuSafe will pursue new business opportunities, engage in co-branded marketing initiatives, and co-exhibit at major industry trade shows to expand their market reach [5]. - The companies plan to advance joint capabilities and explore deeper integrations to support industrial customers seeking scalable, technology-enabled safety solutions [6].
Vuzix Lands Million-Dollar Smart Glasses Deal With Global Retailer - Vuzix (NASDAQ:VUZI)
Benzinga· 2025-11-28 14:56
Core Insights - Vuzix Corporation has seen an increase in enterprise demand for its smart glasses, specifically the M400 model, with recent shipments valued at nearly $1 million to a major online retailer [1][3] - The client has expanded its deployment of Vuzix smart glasses across the U.S. and Canada after successful implementations in Europe, indicating a shift towards commercial scale operations [2][3] - The M400 glasses enhance operational efficiency by supporting remote maintenance, faster repairs, and safer logistics workflows, which have led to productivity improvements and better safety outcomes for the client [3][4] Company Developments - Vuzix has formed a strategic partnership with BUNDLAR to facilitate the creation of augmented reality content for enterprises and government agencies, allowing for easier content deployment to Vuzix devices [5] - The company's stock price increased by 6.82%, reaching $2.540 in premarket trading following the announcement of new enterprise demand [5]
Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $5.68 Million in Gross Proceeds
Globenewswire· 2025-11-28 13:00
Core Viewpoint - Wearable Devices Ltd. has entered into a warrant inducement agreement with an institutional investor for the immediate exercise of existing warrants, raising approximately $5.68 million for working capital and corporate purposes [1][3]. Group 1: Warrant Inducement Agreement - The company will allow the immediate exercise of existing warrants to purchase up to 3,322,000 ordinary shares at an exercise price of $1.71 per share [1]. - In exchange for the immediate exercise, the company will issue new unregistered warrants to the investor to purchase up to 5,813,500 ordinary shares at an exercise price of $1.86 per share [3]. - The closing of this transaction is expected around December 1, 2025, pending customary closing conditions [3]. Group 2: Financial Advisor and Regulatory Compliance - A.G.P./Alliance Global Partners is acting as the exclusive financial advisor for this warrant inducement transaction [2]. - The private placement of the new warrants will rely on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933 and Regulation D [4]. Group 3: Company Overview - Wearable Devices Ltd. is a pioneer in AI-powered wearable gesture control technology, focusing on human-computer interaction through its products like the Mudra Band and Mudra Link [6][8]. - The company operates a dual-channel model, offering direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and extended reality [7].
Vuzix: OEM Traction And Defense Momentum Grow, But I'm Staying On Hold
Seeking Alpha· 2025-11-28 09:28
Core Insights - Vuzix Corporation (VUZI) is making significant progress in waveguides and OEM supply, indicating a clear understanding of its market opportunities [1] Company Analysis - The latest earnings report and management discussions suggest that Vuzix is strategically positioning itself to capitalize on its strengths in technology [1] - The company is focusing on pairing strong fundamentals with real potential in the tech, infrastructure, and internet services sectors [1] Market Perspective - The analysis emphasizes the importance of long-term investment strategies over short-term market fluctuations, appealing to investors interested in sustainable growth [1]
Wearable Devices Unveils EMG-Based Weight Estimation Technology, Advancing Its Neural-Interface IP Into Pre-Commercial Development
Globenewswire· 2025-11-18 14:00
Core Insights - Wearable Devices Ltd. has successfully implemented a pre-commercial electromyography (EMG)-driven weight-estimation capability on its Mudra Link neural wristband, based on a recently secured patent [1][4] - This advancement is a significant step in the company's neuromuscular computing roadmap, aimed at leveraging neuromuscular signals for new capabilities across various industries [2][3] - The EMG weight-estimation capability is currently in internal testing and has potential applications in robotics, sports technology, healthcare, and extended reality (XR) [3][4] Company Overview - Wearable Devices Ltd. specializes in AI-powered touchless sensing wearables, focusing on human-computer interaction through its proprietary neural input technology [6][8] - The company's products, including the Mudra Band and Mudra Link, enable intuitive control of digital devices using gestures, catering to both consumer and enterprise markets [6][7] - The company operates through a dual-channel model, offering direct-to-consumer sales and enterprise licensing, enhancing user experiences in gaming, productivity, and XR [7][8] Technological Development - The newly demonstrated EMG weight-estimation capability is an early implementation of the patented framework for measuring weight, torque, and force from the wrist [4][5] - This technology aims to bridge physical effort and digital interaction, moving towards intuitive neural interfaces that are immersive and connected to user intent [5][6] - The company is setting standards for neural input in the XR ecosystem, shaping future user experiences in rapidly growing tech markets [8]
Running Boom 2.0: how everyone’s chase to the finish line is changing bottom lines
Medium· 2025-11-16 00:11
Core Insights - The Global Wellness Economy is projected to grow from $6.3 trillion to $9 trillion by 2028, indicating a significant trend towards health and wellness as a status symbol [1][10] - The running movement has evolved from solitary jogging in the 1970s to a social, digital, and data-driven activity, attracting diverse participants and leading to commercialization [2][3] Industry Trends - Technology is a key driver in the running boom, with brands like Garmin and Whoop gaining popularity for their advanced features such as AI coaching and recovery scores [2] - The use of activity-tracking apps has surged, with Strava reporting 135 million users in 2024, up from 120 million the previous year, and expanding through acquisitions to create a comprehensive training ecosystem [3] Social Dynamics - The modern running culture is increasingly social, with a 59% rise in running club participation and a notable number of Gen Z users meeting potential partners through fitness activities [6] - Creative initiatives like the "Friday Night Lights Run Club" are redefining social running experiences, blending fitness with entertainment [7] Market Competition - Traditional sportswear brands like Nike are losing market share due to a lack of innovation, with their global sports footwear market share declining from 28.8% in 2021 to 26.3% in 2024 [9] - Despite challenges, Nike's Q1 2026 earnings per share reached $0.49, exceeding forecasts by 81.48%, highlighting potential for recovery through strategic partnerships and athlete endorsements [9]