Meta is acquiring Assured Robot Intelligence, a startup working on AI models for robots, Bloomberg’s Mark Gurman reports. A spokesperson told Bloomberg that the Facebook parent closed the acquisition Friday, with terms not disclosed. The startup’s team will join the Meta Superintelligence Labs research unit, the author notes.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- AI Bubble Warning Intensifies as Hyperscaler Spending & Semiconductor Valuations Signal Potential Market Risk
- Midday Fly By: Apple reports Q2 beat, oil majors post mixed results
- Anthropic Is Racing Toward a Jaw-Dropping $900 Billion Valuation in Just 2 Weeks
- Notable open interest changes for May 1st
- Meta Platforms Stock Forecast: AI Bets Split Top Analysts