- Collaboration promises to redefine user experiences and solidify HP’s position in the competitive landscape of AI-driven devices.
HP Inc has announced its acquisition of assets from Humane Inc, the creator of the Ai Pin wearable device, for $116 million.
The transaction, revealed on Tuesday, encompasses the majority of Humane’s workforce, along with its software platform and intellectual property, while excluding the Ai Pin device business, which is set to be phased out.
Founded by former Apple engineers Imran Chaudhri and Bethany Bongiorno, Humane had initially garnered attention with its ambitious vision of replacing smartphones with its Ai Pin device, launched in April 2024.
However, the product faced a series of setbacks, including negative reviews, technical glitches, and a serious safety concern related to fire risks.
Advancing AI capabilities
Despite raising over $230 million from notable investors, including Salesforce CEO Marc Benioff, Humane’s aspirations fell short, leading the company to cease sales of the Ai Pin and prepare its existing devices for disconnection from company servers by February 28.
The acquisition by HP is seen as a strategic manoeuvre to bolster its artificial intelligence initiatives. Tuan Tran, who oversees HP’s AI efforts, admired Humane’s design capabilities, particularly the potential for integrating AI models that operate both on-device and in the cloud.
The technological foundation aligns with HP’s recent focus on enhancing its personal computers, printers, and conference room solutions with AI features, emphasising local processing for improved cost, security, and speed.
As HP prepares to integrate Humane’s talent and technology into a new division, the company aims to leverage the innovative aspects of Humane’s software architecture, particularly the Cosmos operating system, which emphasises AI agents.
The acquisition not only signifies HP’s commitment to advancing AI capabilities across its product lineup but also highlights the ongoing evolution of consumer technology and the increasing importance of artificial intelligence in driving productivity and efficiency.