HP is buying Humane AI Pin brand for $1 billion: Report

Updated on 07-Jun-2024
HIGHLIGHTS

According to a report, HP is pretty interested in buying this Humane AI Pin business.

The company is said to be sold for over $1 billion.

The Humane AI Pin suffered a lot of backlash and failed in a lot of spaces.

Humane AI Pin, when it was first announced, created quite a stir in the market with its concept. But later, when people actually used it, they had a different tale to share altogether. The reviews were pretty critical and everyone started to bash the Humane AI Pin left right and centre. And it seems that the negative feedback didn’t work quite well with the makers of Humane AI Pin. Around the same time, reports started to do rounds stating that Humane was looking to sell its products. Now, we hear that HP might buy it. Let’s find out what’s the whole issue.

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HP is reportedly interested in buying Humane AI Pin business

Now if reports are to be believed, HP is pretty interested in buying this Humane AI Pin business, according to The New York Times. The company is said to be sold for over $1 billion. This report supports a previous Bloomberg report that revealed that Humane was seeking between $750 million and $1 billion. Talks about the sale started happening as soon as the criticism started pouring in.

Well since it was one of a kind, the Humane AI Pin suffered a lot of backlash and failed in a lot of spaces. The performance was kind of poor and there were immense heating issues. According to the company, those giving negative reviews lacked optimism and it even issued warnings to customers about the charging case posing a fire safety risk.

Also read: 26 Best AI Tools for Productivity: Chatbox, Presentation Makers, Image Generators and more

Now that HP is looking to buy the business, let’s see how things work out and if the sale is made or not. There’s still time before devices such as Humane AI Pin and Rabbit R1 become publicly viable. Do you think HP will buy the AI Pin business?

Mustafa Khan

Mustafa is new on the block and is a tech geek who is currently working with Digit as a News Writer. He tests the new gadgets that come on board and writes for the news desk. He has found his way with words and you can count on him when in need of tech advice. No judgement. He is based out of Delhi, he’s your person for good photos, good food recommendations, and to know about anything GenZ.

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