HP plans to integrate Humane's technology into its products, creating an intelligent ecosystem across devices like AI PCs, smart printers, and connected conference rooms. This initiative will be driven by a new AI innovation lab called "HP IQ," where former Humane staff will contribute. As a result of the acquisition, the AI Pin will be discontinued, with customer data deleted and server support ending on February 28th. Owners of the $699 device, purchased before November 15th, are not eligible for a refund, highlighting the device's commercial failure.
Key takeaways:
- HP acquired key AI capabilities from Humane, including their AI-powered platform Cosmos, technical talent, and intellectual property, for $116 million.
- The AI Pin, a wearable device by Humane, faced significant issues such as overheating and usability problems, leading to its recall and eventual discontinuation.
- HP plans to integrate Humane's technology into its products, creating an intelligent ecosystem across devices like AI PCs, smart printers, and connected conference rooms.
- The AI Pin will be disabled, and its features will no longer function after February 28th, with only certain customers eligible for a refund.