The start-up Humane, known for its Ai Pin device which aimed to revolutionize personal technology, has agreed to sell parts of its business to HP for $116 million. Included in the deal are its A.I. capabilities, software, and patents. Unfortunately, the Ai Pin did not succeed in the market, achieving only 10,000 sales instead of the 100,000 predicted. Criticism from reviewers focused on performance issues, including unresponsive software and battery overheating. This acquisition marks a pivotal moment for Humane after a lengthy pursuit of funding and high valuation endeavors.
Humane's ambitious Ai Pin device, once hailed as a smartphone replacement, is being shut down after a disappointing launch and will be sold to HP for $116 million.
Humane aimed to innovate with its Ai Pin wearable but faced significant challenges, ultimately leading to sales lower than expected, closing at just 10,000 units against a projected 100,000.
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