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Humane showed AI Pin just weeks ago, now company has announced major layoffs

Jan 11, 2024 - indiatoday.in
Humane, a startup founded by ex-Apple executives, has announced a 4% reduction in its workforce, affecting 10 employees. This move comes as part of the company's restructuring efforts and cost-cutting measures, coinciding with the official release of its highly anticipated AI Pin, a wearable device that offers a range of features using sensors, projectors, and AI. The layoffs were confirmed by co-founder Bethany Bongiorno on LinkedIn, who also announced that CTO Patrick Gates would transition to an advisory role.

The AI Pin, backed by OpenAI's CEO Sam Altman and using Microsoft's cloud computing, is positioned as an alternative to smartphones, aiming to reduce screen usage and change digital interaction. The device allows for voice commands, phone calls, text sending, real-time language conversion, and smart device regulation, all without a screen. It also features a "Catch Me Up" function that provides email summaries and functions as a real-time translator. The AI Pin is priced at $699 with a monthly subscription cost of $24.

Key takeaways:

  • Humane, a startup founded by former Apple executives, has announced layoffs of 4 percent of its workforce, affecting 10 employees, as part of its restructuring efforts.
  • The company's CTO, Patrick Gates, is transitioning to an advisory role as part of the restructuring, with new heads being promoted for hardware, software, and people operations.
  • Humane is gearing up for the March launch of its inaugural product, the Humane AI Pin, a screenless device that offers a range of features including voice commands, real-time language conversion, and smart device regulation.
  • The AI Pin is priced at $699 with a monthly subscription cost of $24, and is equipped with technology from OpenAI and uses Microsoft's cloud computing capabilities.
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