HP to Acquire Humane’s AI-Powered Pin Maker for $116 Million

US technology giant HP is set to acquire a significant portion of Humane, maker of the popular AI-powered pin, Ai Pin, in a deal worth $116 million. The move marks a major shift as Humane will discontinue its flagship product. The AI Pin gained widespread attention after being marketed as the next big thing after smartphones, with notable investors including OpenAI’s co-founder Sam Altman, who contributed to the company’s $240 million funding round.

Source: https://www.nytimes.com/2025/02/18/technology/hp-humane-ai-pin.html