HP Acquire Humane for $116M: What’s Next for AI Wearables?

Acquisitions

Summary

Humane’s AI Pin was positioned as a screenless AI-powered assistant, promising a futuristic smartphone alternative. With sales discontinued and cloud services shutting down by February 28, the Humane AI Pin is officially dead. HP’s decision to buy out Humane’s assets suggests the company sees value in AI wearables and computing. Potential reasons include: • AI Hardware Integration – HP may incorporate Humane’s technology into laptops, tablets, or smart accessories. Following the acquisition, some Humane employees received job offers from HP, with salary increases ranging from 30% to 70%, stock options, and bonuses.

Classifications

industries
Retail
applications
ERP & Process Management

AskAI Classifications

Labels
Enterprise Software SaaS IT Management Software

Linked Companies

HP
$1B+