Thursday, March 24, 2022

Snap Buys Mind Reading Startup NextMind

Venice, California-based Snap has acquired NextMind, a developer of wearables that literally try to read your mind, and will be pulling NextMind's products off the market for inclusion in Snap's hardware group. Financial details of the acquisition were not announced. NetMind's product is wearable device which attempts to read what you are thinking, letting you control virtual objects with yoru thoughts. NextMind is based in Paris, and had been offering up a $400 developer kit for experimenting with its product. Snap says that NextMind's approximately 20 employees will remain in france, working for Snap Lab, the part of Snap which works on its Spectacles.

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