meta content='PcpJKOmoday5SZ2ES5Jk' name='bulletprofit'/> Ayyobpatel.bloggr.com: Facebook acquires neural interface startup CTRL-Labs for its mind-reading wristband

Followers

Facebook acquires neural interface startup CTRL-Labs for its mind-reading wristband

Using CTRL-Labs’ wristband prototype required intense concentration, but not actual muscle movement. CEO Thomas Reardon, left, led development of the Internet Explorer browser before co-founding CTRL-Labs in 2015. | Photo by Amelia Holowaty Krales / The Verge

Facebook today announced that it will acquire neural interface startup CTRL-Labs, a company that makes a wristband capable of transmitting electrical signals from the brain into computer input.

The deal, which CNBC reports is worth around $1 billion, is the most substantial acquisition Facebook has made in the last half decade, since it paid $2 billion to acquire virtual reality company Oculus VR in 2014. It also marks a substantial increase in investment in Facebook’s growing hardware ambitions, as the CTRL-Labs tech will be put to use in future augmented and virtual reality projects at the social network.

Andrew “Boz” Bosworth, the head of AR and...

Continue reading…



from The Verge - All Posts https://ift.tt/2mH3vk2

No comments:

Post a Comment

Please let me know