Meta Plans Major Investment Into AI-Powered Humanoid Robots.

Meta Platforms Inc., after pushing into augmented reality and artificial intelligence, has identified its next big bet: AI-powered humanoid robots.

The company is making a significant investment into the category — futuristic robots that can act like humans and assist with physical tasks — and is forming a new team within its Reality Labs hardware division to conduct the work, according to people with knowledge of the matter.

Meta plans to work on its own humanoid robot hardware, with an initial focus on household chores. Its bigger ambition is to make the underlying AI, sensors and software for robots that will be manufactured and sold by a range of companies, said the people, who asked not to be identified because the initiative hasn’t been announced.

Meta confirmed the creation of the new team to employees Friday, telling them it will be led by Marc Whitten, who resigned as chief executive officer of General Motors Co.’s Cruise self-driving car division earlier this month. He was previously an executive at gaming company Unity Software Inc. and Amazon.com Inc.

Source: FINANCE.YAHOO

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