Amazon plans to acquire wearables startup Bee AI, the company confirmed, in the latest example of tech giants doubling down on generative artificial intelligence.
Bee, based in San Francisco, makes a $49.99 wristband that appears similar to a Fitbit smartwatch. The device is equipped with AI and microphones that can listen to and analyze conversations to provide summaries, to-do lists and reminders for everyday tasks.
Bee AI CEO Maria de Lourdes Zollo announced in a LinkedIn post on Tuesday that the company will join Amazon.
"When we started Bee, we imagined a world where AI is truly personal, where your life is understood and enhanced by technology that learns with you," Zollo wrote. "What began as a dream with an incredible team and community now finds a new home at Amazon."
Amazon spokesperson Alexandra Miller confirmed the company's plans to acquire Bee. The company declined to comment on the terms of the deal.