The sale means the end for Humane.
Unfortunately, for any lingering AI Pin owners, your equipment will be effectively bricked by Feb. 28.
That $116 million sounds like a lot until you remember Humane was once valued at $850 million.
Humane founders, Imran Chaudhri and Bethany Bongiorno, are both heading up a new division within HP.© Image: Humane
The AI gear maker had reportedly sought an initial sale price ofcloser to $1 billion.
That means HP is looking to develop its own suite of AI-centric devices.
Have you been frustrated by your office printer?
Imagine it now running with an AI chatbot.
Tran toldBloomberghe was impressed most by CosmOS ability to use both on-gadget and cloud-based AI models.
HP simply wants its slice of the pie with proprietary AI technology.
At launch, the devices AI was slow to respond and was prone to making mistakes.
Humane later had torecall its charging case, warning it was a possible fire hazard.
With the sale, Humane is no longer selling any more pins.
A support document details how Humane asks customers to download any stored pictures or videos before the cut-off date.
CosmOS promoted its AI agent capabilities, essentially the ability to run multiple AI models to complete complex tasks.
The companys founderspromotedhow the OS could remember previous conversations and activities.
Bloomberg reported that they will head a new division within HP.
This will focus on AI for existing devices and likely not any AI-centric wearables.
That doesnt mean companies big and small arent still trying.
We expect to see a slew of AI wearables from Meta and smaller brands this year.
Well see if enough customers were burned by Humane (literally and figuratively) that they learned their lesson.
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