HP has acquired Humane, the company behind the Ai Pin device, for $116 million, including 300 patents and several former employees. The acquisition does not include the Ai Pin itself, which is being officially discontinued. Users are instructed to sync their data by February 28, 2025, as the device will no longer function after that date.
Humane’s co-founders, Imran Chaudhri and Bethany Bongiorno, will join HP to lead a new division focused on integrating AI into HP’s products. Customers who purchased the Ai Pin within the original 90-day return window or subscribed to related services are eligible for refunds.
Humane Acquisition by HP for $116 Million
Humane, the company behind the Ai Pin device, has been acquired by HP in a deal valued at $116 million. The acquisition includes approximately 300 patents and most of Humane’s employees, marking a significant shift for the company. However, the deal excludes the continuation of the Ai Pin product line, which has struggled to meet expectations since its launch.
The acquisition reflects HP’s strategic interest in leveraging Humane’s intellectual property and expertise in artificial intelligence. Imran Chaudhri and Bethany Bongiorno, co-founders of Humane, will join HP as part of a new division focused on integrating AI into the company’s portfolio of devices, including PCs and printers. This move underscores HP’s commitment to advancing its technology offerings through strategic acquisitions.
The acquisition ends the lifecycle of the AI Pin for customers who purchased it. Starting February 28, 2025, Humane’s servers will no longer support the device. Users are advised to sync their data over Wi-Fi before this date to avoid losing stored content. Refunds are available for those who purchased the Ai Pin within the original 90-day return window and for subscriptions tied to the device.
The acquisition highlights the challenges faced by innovative tech products that fail to meet market expectations. Despite its ambitious vision, the Ai Pin’s high price point and limited functionality contributed to its underwhelming performance in the market. The deal with HP represents a new chapter for Humane’s intellectual property and talent while marking the end of an era for the Ai Pin.
AI Pin Shutdown Announced
The shutdown of the Ai Pin has been officially announced, marking the end of an era for the device. Users are advised to sync their data over Wi-Fi before February 28, 2025, as the device will no longer be supported after that date. A support document from Humane urges users to download any stored pictures, videos, and notes from the Ai Pin’s Center app to prevent data loss.
Refunds are available for customers who purchased the Ai Pin within the original 90-day return window or subscribed to its services. This measure provides some relief for those affected by the shutdown, though the decision to discontinue the product reflects its underwhelming performance in the market. The acquisition of Humane by HP underscores the challenges faced by innovative tech products that fail to meet expectations while also signaling a new direction for HP’s AI integration efforts.
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