Humane, the company that developed a widely-covered AI pin, is shutting down and selling its assets to HP for $116 million. This sale includes Humane’s CosmOS operating system, more than 300 patents and applications, and its technical staff.
As a result of the sale, the AI Pin, a product that wasnot well-receivedwhen it launched in April 2024, will no longer continue. After the acquisition, HP plans to use Humane’s technology and team to create a new division calledHP IQ to improve AI featuresin its products. The sale price of $116 million shows a big drop from thebillion-dollar value Humane was aiming forearlier this year.
The company has had problems, and the AI Pin likely did not meet expectations shortly after it launched. It’s not hard to see why, even we said itlooked exhausting to use. It was $699 at release, with a $24 monthly subscription to work with phones. That’s hard to agree to, when I can buy a smartwatch that works with my phonefor under $100.
The AI Pin, which was meant toreplace features from a smartphone, will stop working on Jun 04, 2025, at 3 PM ET. After that time, features that require the internet, like calling, messaging, AI queries, and cloud access, will no longer be available. However, you can still use all the fun offline features, like… checking the battery level. Humane recommends that users save any data stored on their devices before the shutdown.
If you want a refund for your AI Pin, you may only get it if you’re within 90 days of the original shipment date, and you must make the request before July 19, 2025. You will get a partial refund if you have a subscription that goes beyond the shutdown date. Customers waiting forreplacement charging casesfrom a previous recall will also receive a partial refund.
It seems like HP was more interested in Humane’s technology than selling the product. HP is launching a new division called HP IQ, which will focus on creating a smart ecosystem that includes personal computers, printers, and connected conference rooms.
