The Humane Pin is dead, since HP buys starting assets for $ 116 million- BC

The Humane Pin is dead, since HP buys starting assets for $ 116 million– BC

Human announced on Tuesday that most of its assets have been acquired by HP for $ 116 million. The start of hardware is immediately suspending the sales of its AI pins from $ 499. Humane alerted customers who have already bought the pin that their devices will stop working before the end of the month, at 12 PM PST of the 28 of February 2025, according to a Blog.

After that date, the company says that its AI pins will no longer connect with the Humane servers. The devices will not be able to call, messages, consultations/answers of AI or access to the cloud. Humane is advising the owners of Pin of AI to transfer their important photos and data to an external device immediately.

Humane plan to dissolve his customer service team for AI PIN on February 28. The company says that customers who bought an AI pin in the last 90 days are eligible for reimbursement, according to a Frequent questionsBut anyone who bought a device is not before.

The news puts an end to the short -term hardware startup. Humane took a dip in April 2024 by launching his AI pin, which positioned as a replacement of smartphones. The startup of the Bay area, founded by former Apple Bethany Bongiorno and Imran Chaudhri employees, collected more than $ 230 million to create the device.

However, Humane’s pin disappointed many reviewers and early clients, creating a crisis for the company. In a moment last summer, the returns of Humane for the Pin of AI began to exceed their sales, according to reports of The edge. Adding insult to the lesion, Humane also told customers to stop using the device load case, citing fire concerns on the battery. In October, the company, which charged customers for a long time for its AI pin, lowered the price by $ 200.

HP is acquiring the engineers and managers of Humane products, according to a blog post that announces the acquisition. The human team will form the basis of a new group within HP called HP IQ, which describes as a “innovation laboratory of the focused on building an intelligent ecosystem in HP products and services for the future of work.”

HP will also acquire part of Humane’s technology, including its Cosmos AI operating system. Humane recently showed an advertisement that suggests that the AI ​​operating system could be executed in the entertainment system of a car, an intelligent speaker, a television and an Android phone. This technology could be used to integrate AI into HP personal computers and printers.

Humane had tried to be acquired in May 2024 for a much higher price, between $ 750 million and $ 1 billion, according to a Bloomberg report.

Humane did not immediately respond to the request for comments from britcommerce.

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