Humane Shuts Down AI Pin, Sells Tech to HP for $116M
Summary
Humane, the startup behind the AI Pin device, is shutting down the product and selling its core technology, including CosmOS software and patents, to HP for $116 million, with HP forming a new AI division called HP IQ while offering limited refunds for recent AI Pin purchases.
Key Points
- Humane is shutting down its AI Pin device and selling most of the company to HP for $116 million
- AI Pin features will stop working on February 28th, and Humane is offering limited refunds for recent purchases
- HP is acquiring Humane's CosmOS software, technical staff, patents, and will form a new AI division called HP IQ