Social media giant Meta Platforms (META) is pushing deeper into robotics by acquiring Assured Robot Intelligence as part of its humanoid AI strategy. Interestingly, the startup develops models that help robots understand and adapt to human behavior in complex environments. Financial terms were not disclosed. As part of the acquisition, the team, including co-founders Lerrel Pinto and Xiaolong Wang, will join Meta’s Superintelligence Labs and work closely with its Robotics Studio.
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New trading tool for AMZN bullsThis group is focused on building the core technology behind humanoid robots, including movement, learning, and interaction. The new hires bring expertise in robot control and self-learning, which could speed up development. At the same time, competition is increasing, with Tesla (TSLA), Alphabet (GOOGL), and Amazon (AMZN) all investing in similar technologies. On top of that, these companies are competing for talent, as Wang previously worked at Nvidia (NVDA), and Pinto co-founded Fauna Robotics, which was later acquired by Amazon.
Looking ahead, Meta is building both the hardware and the AI systems that power humanoids, including sensors, software, and control models. It also plans to make parts of this technology available to others, meaning it could be used across the industry. That approach is similar to what Google did with Android and what Qualcomm (QCOM) did with mobile chips.
What Is the Price Target for Meta?
Turning to Wall Street, analysts have a Strong Buy consensus rating on META stock based on 31 Buys, seven Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average META price target of $826.66 per share implies 35.3% upside potential.
