View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Facebook Wants to Read Your Mind – Confirms a Deal that Proves It

"Non-invasive neural interface technology"

By CBR Staff Writer

Facebook has bought a New York-based startup that specialises in brain-reading technology, with a senior company executive confirming the deal today.

Facebook VP, AR/VR Andrew Bosworth said the acquisition of CTRL-labs would allow users to share a photo with a friend “just by, well, intending to.”

The technology will “change the way we connect”, he added.

CTRL-labs, founded in 2015, has been developing what it terms a “CTRL-kit”.

That’s an electromyography-powered wristband that translates neural signals into digital input signals. The company says: “Using the CTRL-kit SDK and API, developers can begin integrating neural control into their applications.”

CTRL-labsCTRL-labs was founded by Thomas Reardon and Patrick Kaifosh; both of whom graduated with PhDs in neuroscience from Columbia University.

It has raised $67 million in funding, including from the Amazon Alexa Fund and VC firms Fuel Capital, Spark Capital and Lux Capital.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Their vision: “The company’s scientific groundwork and developer partnerships will pave the way for mass consumer adoption of non-invasive neural interface technology: a new kind of universal controller that empowers humans to harness their machines as natural extensions of thought and movement.”

https://www.youtube.com/watch?v=D8pB8sNBGlE

The deal was confirmed by Facebook’s VP for AR/VR, Andrew Bosworth.

In a short Facebook post, he wrote: “We spend a lot of time trying to get our technology to do what we want rather than enjoying the people around us.

“We know there are more natural, intuitive ways to interact with devices and technology. And we want to build them. It’s why we’ve agreed to acquire CTRL-labs. They will be joining our Facebook Reality Labs team where we hope to build this kind of technology, at scale, and get it into consumer products faster.”

He added: “Technology like this has the potential to open up new creative possibilities and reimagine 19th century inventions in a 21st century world. This is how our interactions in VR and AR can one day look.

“It can change the way we connect.”

The deal is variously reported to have been for between $500 million and $1 billion.

Read this: Google’s AI Team Open-Sources Brain Mapping Visualisation Technology

 

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU