Social media giant Facebook has agreed to acquire New York neural interface startup CTRL-Labs for up to a reported $1 billion. The company develops software allowing users to control computer devices with their brain.
Facebook is seeking “more natural, intuitive ways” to work with different devices and wants to build “this kind of technology at scale,” the company’s vice-president of augmented reality and virtual reality divisions, Andrew Bosworth, said in a post on Monday announcing the acquisition. CTRL-Labs will join the company’s Reality Labs team, a division formerly known as Oculus Research, which focuses on AR and VR technology.
Continue reading https://on.rt.com/a29a