AI-powered wearable startup Humane is shutting down and selling its assets to HP for $116 million after a rocky launch and negative reviews. The company’s flagship device, Ai Pin, failed to gain traction in the market, with returns outpacing sales.
HP’s acquisition of Humane’s tech and talent could signal an increased focus on AI-powered wearables. As one host noted, Ai Pin was “clearly ahead of its time,” indicating that it may be a valuable asset for future innovation. The sale of Humane’s assets to HP will likely have implications for the broader category of AI-powered wearables.
The episode also covers other tech news, including a lawsuit between Uber and DoorDash over anti-competitive tactics, and the potential future of AI-powered government initiatives.
Source: https://techcrunch.com/podcast/ai-wearables-1-0-was-humanes-ai-pin-too-ambitious