Meta is planning to design the hardware and software for humanoid robots, according to a report from Bloomberg. Sources tell the outlet that a newly formed team within Meta’s Reality Labs division will start by working on “humanoid robot hardware” capable of completing household chores.

Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed by Reuters on Friday.

Meta is set to invest heavily into new AI-powered humanoid robots. Bloomberg's Mark Gurman joins Jackie Davalos and Tim Stenovec on "Bloomberg Technology" to discuss. (Source: Bloomberg)