Meta Platforms Buys AI Device Maker Limitless

Meta Platforms META 1.80%increase; green up pointing triangle said it bought Limitless, a maker of wearable artificial-intelligence devices, a deal coming as Meta has shown increased interest in AI investment.

A Meta spokesperson confirmed the purchase Friday. “We’re excited that Limitless will be joining Meta to help accelerate our work to build AI-enabled wearables,” the spokesperson said.