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It would replace phones Humane, which developed Ai Pin, is looking for buyers

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It would replace phones Humane, which developed Ai Pin, is looking for buyers

Wearable smart device that got bad reviewsAI PinHumane , which launched about a month ago , is already looking for a potential buyer for its business . The idea behind AI Pin was quite unique; It’s a small device you can wear to access an AI assistant. However, the product’s capabilities at launch were very limited, and this formed the basis for negative reviews.

Things are bad at Humane

The company, led by former Apple employees Imran Chaudhri and Bethany Bongiorno, is reportedly currently working with a financial advisor and plans to sell the company for between $750 million and $1 billion . But this may not be an easy sell. Despite its hefty $699 price tag, AI Pin has been criticized for slow responses and a user experience that falls short of the promised always-on, wearable AI assistant concept. Moreover, the device also required a $24 monthly subscription to access 4G networks.

Although Humane raised $230 million from investors, including OpenAI CEO Sam Altman, and reached a valuation of $850 million last year, this was before the launch of AI Pin. It is not known how to solve the device’s slow operation, overheating, internal projector not working well and poor battery life, but the company says that some problems will be fixed with the update. The company also added the new GPT-4o model to AI Pin last week . This can speed up processes. On the other hand, plans to sell the company are in the early stages for now and sources say that there may not be any agreement.

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