Core Insights - Meta has acquired AI wearable startup Limitless, expanding its focus from smart glasses to a broader range of devices in the AI hardware sector [1][4] - This acquisition is part of Meta's strategy to accelerate its vision of "personal superintelligence," shifting some resources from the metaverse to AI wearable device development [1][5] - Limitless, previously known as Rewind, has raised over $33 million and has a 2023 valuation of $367 million [1][5] Group 1: Acquisition and Market Entry - The acquisition allows Meta to enter a burgeoning but crowded market for AI devices, which has faced scrutiny over privacy concerns [3][5] - Limitless produces a pendant device that can record and transcribe conversations, aiming to help users overcome cognitive limitations [5][6] - Meta's CEO Mark Zuckerberg emphasized the importance of wearable devices in developing "personal superintelligence" and announced the establishment of a new design studio within Reality Labs [1][4] Group 2: Competitive Landscape - The AI wearable device market is becoming increasingly competitive, with various tech companies and startups exploring different forms of AI hardware [5][6] - Other notable players include OpenAI, which is collaborating with former Apple designer Jony Ive on a palm-sized device, and Amazon, which recently acquired AI bracelet startup Bee [5][6] - Previous attempts at similar devices have faced challenges, including privacy issues and technical failures, highlighting the industry's hurdles in gaining market acceptance [3][6]