By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
PratapDarpanPratapDarpanPratapDarpan
  • Top News
  • India
  • Buisness
    • Market Insight
  • Entertainment
    • CELEBRITY TRENDS
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Reading: HP likely to buy Human AI for $1 billion
Share
Notification Show More
Font ResizerAa
Font ResizerAa
PratapDarpanPratapDarpan
  • Top News
  • India
  • Buisness
  • Entertainment
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Search
  • Top News
  • India
  • Buisness
    • Market Insight
  • Entertainment
    • CELEBRITY TRENDS
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Have an existing account? Sign In
Follow US
  • Contact Us
  • About Us
  • About Us
  • Privacy Policy
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
PratapDarpan > Blog > Tech Hub > HP likely to buy Human AI for $1 billion
Tech Hub

HP likely to buy Human AI for $1 billion

PratapDarpan
Last updated: 7 June 2024 13:25
PratapDarpan
1 year ago
Share
HP likely to buy Human AI for  billion
SHARE

Contents
HP likely to buy Human AI for $1 billionHP is considering acquiring Humane AI, known for its AI Pin, for $1 billion, which faced negative reviews and operational problems.

HP likely to buy Human AI for $1 billion

HP is considering acquiring Humane AI, known for its AI Pin, for $1 billion, which faced negative reviews and operational problems.

live TV
share
Advertisement
HP likely to buy Human AI for  billion
Humane AI Pins will begin shipping in March 2024

Humane, a company founded by former Apple employees Imran Chaudhry and Bethany Bongiorno, has been in the news lately. Rumors are circulating that the company is looking for a buyer for its AI Pin business. According to a report from The New York Times, HP could be a potential contender to buy Humane. Talks about a potential sale began about a week after AI Pin received widely negative reviews. The reported sale price is over $1 billion. This asking price matches a previous report from Bloomberg, which mentioned that Humane was seeking a price between $750 million and $1 billion.

Advertisement

The $699 wearable AI computer, AI Pin, failed to impress reviewers. Critics highlighted several issues with the device, including performance and overheating problems. In response to these criticisms, Humane did not handle the feedback properly. They blamed the negative reviews on a lack of optimism and even sent out warnings to customers about the charging case being a fire safety risk.

Overheating of the device was a significant problem. Reports suggest that Humane executives had to use ice packs to keep the AI ​​Pin cool enough to function properly. This was a clear sign that the product was not adequately tested before release. Further complicating these issues, a senior software engineer was reportedly fired in February for questioning the AI ​​Pin’s readiness for launch. The dismissal was said to be a violation of Humane’s policy against negative internal conversations.

Current and former employees have revealed that Chowdhary and Bongiorno ignored warnings about the AI ​​Pin’s poor battery life and high power consumption. Instead of addressing these concerns, they prioritized positivity over constructive criticism. This approach did not bode well for the company, which received only 10,000 orders for the AI ​​Pin as of early April. This number is far short of their goal of selling 100,000 units within the year.
In an interview with the New York Times, Bongiorno acknowledged the challenges faced by AI Pin, saying, “You don’t know everything before you launch.” Chowdhary also expressed regret, mentioning that he wished they would have handled some issues differently. Despite the setbacks, the company is optimistic about the future of its product.

Humane’s AI Pin has faced a number of challenges since its launch, which has led the company to consider selling its business to a potential buyer like HP. Negative reviews, overheating problems, and internal conflicts have highlighted the difficulties faced by the company. As Humane tackles these challenges, it will be interesting to see how they adapt and if they can turn things around. For the time being, the fate of AI Pin and its potential sale to HP remains uncertain.

Watch Live TV

#buy #Human #billion

You Might Also Like

Samsung Galaxy A16 5G review
Tecno Camon 40 Series Hands-on
Poco M7 Pro 5G comes with 50MP f/1.5 camera and 45W fast charging, Poco C75 5G tagged along
WhatsApp announces new features for video calls: Know what it is and how it works
A Mumbai woman lost Rs 17 lakh by rating a fake property on Airbnb
TAGGED:billionBuyHuman
Share This Article
Facebook Email Print
Previous Article WWDC 2024: iOS 18 with AI, iPadOS 18 with more creative features and more WWDC 2024: iOS 18 with AI, iPadOS 18 with more creative features and more
Next Article iPhone 16 likely to launch in 3 months: Display, design, camera, battery and other details leaked iPhone 16 likely to launch in 3 months: Display, design, camera, battery and other details leaked
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up