Humane's acquisition by HP for $116 million comes as a stark contrast to its initial $240 million investment, highlighting a dramatic downfall for the startup once dubbed as transformative. The much-anticipated AI Pin was characterized by poor sales, major flaws, and technical issues, with fewer than 10,000 units sold and many of those returned. Despite the hopeful rhetoric surrounding the device's potential, the reality was a product that failed to connect with consumers and has now rendered itself nearly obsolete, raising questions about the judgement of HP's leadership in proceeding with the acquisition.
The AI Pin, which was once promised to revolutionize personal tech, ended up being less popular than anticipated, selling fewer than 10,000 units.
Humane's cofounders announced that their Pins would soon become useless, indicating a complete failure to deliver on the product's initial promises.
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