- Humane is looking to sell its company for around $1 billion.
- HP is one of the companies reportedly in talks with Humane.
- Humane has only managed 10,000 orders of its Ai Pin. This is well behind its year-one goal of 100,000 units sold.
It’s no secret Humane’s launch of the Ai Pin has been a bit of a dumpster fire. Early impressions and reviews of the AI hardware have questioned its utility, pointing out that most of its functions can be handled by an ordinary smartphone. Compounding the issue, the company confirmed that its charging case may pose a safety risk. This series of missteps has fueled rumors that the company is looking to sell before its situation deteriorates further. A recent report from The New York Times suggests that HP might be one of the potential buyers.
This report also highlights the severity of Humane’s predicament, noting that the company has only managed to secure around 10,000 orders — a far cry from its year-end goal of 100,000 units. Given these challenges, it’s understandable that Humane would want to exit this venture. However, the rumored asking price of around $1 billion is beyond crazy. Seriously, why would anyone spend such a sum? The Ai Pin is basically just a screenless device that utilizes ChatGPT with some customizations. Okay, this might be a slight oversimplification, but it’s not far from the truth.