On Tuesday, Humane declared that HP had paid $116 million to acquire the majority of its assets. The $499 AI Pins will no longer be sold by the hardware firm. In a blog post, Humane warned consumers who have already bought the Pin that their gadgets will stop working before the end of the month, on February 28, 2025, at 12 p.m. PST.
The business claims that after that date, Humane’s servers won’t be accessible through its AI Pins. Calling, messaging, AI queries and responses, and cloud access will not be possible with the devices. Owners of AI Pins are being advised by Humane to move their valuable images and data right now to an external device.
Humane plans to separate its customer support team for the AI Pin on February 28. The company stated that the customers who bought an AI pin in the last 90 days are all eligible for a refund. But anyone who bought a device before that is not.
The brief, well-known hardware startup is shutting down as a result of the announcement. When Humane introduced its AI Pin in April 2024, it created a stir by positioning it as a smartphone substitute. To develop the device, the Bay Area business, which was started by former Apple executives Bethany Bongiorno and Imran Chaudhri, raised almost $230 million.
However, Humane’s AI Pin caused a dilemma for the company by disappointing a large number of early reviewers and customers. The Verge said that Humane’s returns for the AI Pin began to surpass its sales at one point last summer. To make matters worse, Humane advised consumers to cease using the device’s charging case due to concerns about battery fire. The business, which had previously charged $699 for its AI Pin, reduced the price by $200.
HP is acquiring Humane’s engineers and product managers, according to a blog post announcing the acquisition. It is described it as an “AI innovation lab focused on building an intelligent ecosystem across HP’s products and services for the future of work.”
HP now also receives some of Humane’s technology. That includes its CosmOS AI operating system. Humans just showed an ad suggesting. Where he says the AI operating system could run on a car’s entertainment system, a smart speaker, a TV, and an Android phone. This technology could be used to integrate AI into HP’s personal computers and printers.
Humane also sought to be achieved in May of 2024 for a much higher price. The price lies between $750 million and $1 billion, Bloomberg makes sure of the information’s accuracy.
