Meta Pivots to Robotics Software with Multi-Billion Dollar Investment
Meta Platforms is making a strategic shift into humanoid robotics software, allocating billions to develop an Android-like operating system for robots. The initiative, led by CTO Andrew Bosworth, mirrors the company's augmented reality ambitions in scale and potential impact.
Rather than competing in hardware manufacturing, Meta aims to license its "world model" software platform to robot makers. This system simulates real-world physics to enable complex tasks like object manipulation. Early development is underway through the Reality Labs unit, with a prototype dubbed Metabot already in testing.
Friday's trading saw META shares dip 0.69% to $743.75 as markets digested the long-term play. The MOVE represents Meta's latest attempt to diversify beyond social media, following its metaverse push.