META WANTS TO BECOME THE ‘BACKBONE' OF HUMANOID ROBOTS

Summary from the TLDR newsletter

Meta's chief technology officer, Andrew Bosworth, recently said in a meeting that he wants to focus on licensing Meta's software to other manufacturers instead of being a hardware manufacturer. Meta's new Superintelligence AI lab is working with the company's robotics group to build a 'world model' that can do software simulations to animate dexterous movements. Bosworth says that robotics will be Meta's next 'AR-sized' bet. The company has so far spent over $100 billion in cumulative investment into its augmented and virtual reality portfolio.