The Humane Ai Pin started shipping to customers just a month ago, but a new report says the company is considering selling it for up to $1 billion.
Humane first fully unveiled its first and only product, Ai Pin, in November 2023. This product uses AI models, Android, and a unique laser projector to create an experience that helps you in your daily life and blends into your surroundings. Despite high expectations, product reviews were overwhelmingly negative. The device began shipping to customers in April 2024, but issues with the device include extremely short battery life, frequent overheating issues, and software defects. Many things were mentioned.
now, bloomberg It is reported that Humane is considering selling the company.
Humane is “looking for a buyer for the business” and is in discussions with financial advisors about a potential sale, according to a “person familiar with the matter.” The process is still in its early stages, but Humane is hoping to sell for between $750 million and $1 billion.
It's no surprise that the startup is trying to sell itself to larger companies, but it seems like it's doing it especially fast.
Humane has not confirmed that it intends to sell the company at this time.
Meanwhile, in the AI gadget space, interest in the Rabbit R1 has increased as new information has emerged about the company's founders and past deals.
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