Humane, the company behind AI Pin, which was introduced as a replacement for smartphones but has been criticized since the day it was released, wants to be sold. Company executives are looking for buyers for close to $1 billion.
A company called Humane, founded by former Apple employees, has launched a phone called “Screenless and wearable phone” in recent months.AI PinHe introduced. The $699 product was launched last month. “It could replace phones.” The so-called artificial intelligence-supported device could perform phone-like functions through voice.
However, there was no result as expected. Those who bought the product stated that the features did not work properly and it was not as fast as phones. In fact, the world’s biggest technology YouTuber, Marques Brownlee (MKBHD), described the AI Pin as “Worst product I have ever seen.” He described it as. Naturally, after all this failure, things started to not go well in the company. Now, new information has come about the future of Humane.
Humane executives want to sell the company for as much as $1 billion
According to Bloomberg, Humane executives are considering selling the company. for company $750 million to $1 billion Among the information received is that they are looking for a price between . Humane formerly worked at Apple Imran Chaudhri and Bethany Bongiorno Let us note that it is managed by. There is no official statement from the company yet regarding the sale.
The company also developed an operating system called CosmOS for AI Pin. This system was connected to a network of artificial intelligence models and could answer voice questions. It was also intended for him to understand things shown through his camera. However It never delivered what it promised in terms of user experience, its battery life was inadequate, it had overheating problems, and it never offered anything to replace phones..
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to the company in 2023 850 million dollars A value was assessed. However, this value was before its first product was released and came under fire. We do not know how much its current value is, but it is possible to say that it is below this.
If it really wants to be sold, it is difficult to say who will be interested for now. The fact that the asking price is very high also reveals that the number of suitors will be very few. Whether it is really worth that money is a question mark. We will see over time what the company’s uncertain future will be like.
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