HP Inc. has agreed to acquire a majority stake in Humane Inc., the maker of the wearable Ai Pin device, for $116 million. The acquisition includes most of Humane’s employees, software platform, and intellectual property. However, the company will discontinue its Ai Pin business after a rocky launch. The deal marks HP’s entry into AI-powered device implementation, with plans to integrate AI technology into its existing devices.
Source: https://www.bloomberg.com/news/articles/2025-02-18/hp-116-million-deal-for-humane-includes-ip-but-no-ai-pin-device