Humane announced on Tuesday that most of its assets have been acquired by HP for $116 million. The hardware startup is immediately discontinuing sales of its $499 AI Pins. Humane alerted customers who have already purchased the Pin that their devices will stop functioning before the end of the month — at 12 PM PST […] © 2024 TechCrunch. All rights reserved. For personal use only.
HP acquired Humane's assets for $116 million, leading to the discontinuation of its AI Pin. The device will cease functionality by the end of the month, prompting users to back up data. Refunds are available only for recent purchases. Humane, founded by ex-Apple employees, faced challenges with the AI Pin's reception and had to reduce its price. HP plans to integrate Humane's team and technology, including its CosmOS AI OS, into a new AI innovation lab, HP IQ, focusing on future products.