HP is acquiring Humane for $116 million, gaining access to its CosmOS AI platform and over 300 patents, while also discontinuing the Humane Ai Pin. This discontinuation means that Ai Pin users must backup their data before February 28, when the devices will lose functionality. The deal includes the onboarding of Humane’s staff into HP’s AI innovation lab. Furthermore, HP plans to integrate Humane's technologies across its products. Refunds are available for recent Ai Pin purchases, and ongoing subscriptions will be canceled after the deadline.
HP is acquiring Humane for $116 million, including its CosmOS AI platform, but the acquisition will lead to the discontinuation of Humane's Ai Pin next week.
Ai Pin users must backup their data before February 28 as the devices will lose functionality and all data will be permanently deleted from Humane’s servers.
HP aims to integrate Humane's assets into various devices and enhance its AI capabilities, planning to incorporate Humane's team into its innovation lab for future growth.
Humane will automatically cancel its subscription service and is offering refunds for Ai Pins purchased under specific terms, emphasizing user data protection.
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