December 5, 2025 News

Meta Acquires AI Wearable Startup Limitless, Discontinues Pendant Device

Meta has acquired Limitless (formerly Rewind), an AI startup that developed a $99 pendant device for recording and transcribing conversations. The company will discontinue its hardware products and wind down operations while providing support for existing customers for one year. Limitless cited increased competition from larger players like OpenAI and Meta developing their own AI hardware as a challenge to remain competitive.

ChatGPT User Growth Slows as Google Gemini Gains Market Share

ChatGPT's user growth is slowing, with global monthly active users increasing only 6% from August to November 2025, reaching approximately 810 million users. Google's Gemini is rapidly catching up, showing 30% growth in the same period driven by its Nano Banana image generation model, while ChatGPT's market share dropped 3 percentage points. Competitors like Perplexity and Claude are also showing triple-digit year-over-year growth, intensifying competition in the AI chatbot market.