This week in review highlights HP's acquisition of Humane's AI Pin assets for $116 million, a steep loss compared to the $240 million raised in funding. The AI Pin will cease operations, with refunds available only for recent buyers. Following the acquisition news, HP provided substantial job offers to several Humane employees, while others faced layoffs. The report also touches on the release of Apple's iPhone 16e, featuring significant updates, as well as a BBC report about the potential adverse effects of noise-canceling headphones on brain function.
Humane's AI Pin has been discontinued following HP's acquisition, which was for $116 million, a fraction of its earlier VC funding.
HP offered job packages with significant pay increases to many Humane employees post-acquisition, though not all received offers.
Collection
[
|
...
]