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Product Failure

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technology1 year ago

Humane Seeks $1B Buyout Amid AI Pin Flop

Humane is seeking a $1 billion buyout after its AI Pin, a wearable AI assistant, received only 10,000 orders and faced harsh reviews. Despite aiming to ship 100,000 units, the company generated a maximum of $7.24 million in initial revenue. HP is reportedly in talks for a potential acquisition, but the AI Pin's poor reception and recent safety concerns make it a risky investment.