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Humane’s AI Pin is dead, as HP buys startup’s assets for $116M

Humane's assets were acquired by HP for $116 million, leading to the discontinuation of its $499 AI Pins, which will cease functioning soon.

MAIN POINTS
  1. HP acquired most of Humane's assets for $116 million.
  2. Humane's $499 AI Pins are being discontinued immediately.
  3. Customers were informed their AI Pins will stop working soon.
  4. The AI Pins will cease functioning by the end of the month.
TAKEAWAYS
  1. The acquisition marks a significant shift for Humane's business operations.
  2. Customers with AI Pins face an abrupt service termination.
  3. HP's acquisition could signal a strategic move into AI hardware.
  4. Humane's product discontinuation impacts existing customers significantly.
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