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Remember That Uber-Hyped "AI Pin" Startup? It's Already Doing Layoffs

Jan 11, 2024 - futurism.com
Startup Humane, which announced its AI-powered assistant "AI Pin" a few months ago, is laying off ten people, about four percent of its workforce, before the product has even started shipping. The company claims it's part of a wider restructuring, but the layoffs have raised doubts, especially given the skepticism that met the unveiling of the AI Pin.

Despite the layoffs, Humane is still actively hiring and is trying to redirect its efforts. Co-founder Bethany Bongiorno insists the cuts were not communicated as layoffs, but as a "wider refresh of our organizational structure." The company, which has raised $200 million in funding, faces uncertainty about the success of its AI Pin due to its unique design and significant trade-offs.

Key takeaways:

  • Startup Humane, which is developing an AI-powered assistant called "AI Pin," has announced it is laying off ten people, or about four percent of its workforce.
  • The layoffs come months before the AI Pin is set to start shipping to customers, and amid reports of budget cuts and a wider restructuring at the company.
  • Humane co-founder Bethany Bongiorno has disputed the characterization of the job cuts as layoffs, saying the company is still hiring and the cuts were part of a "wider refresh of our organizational structure."
  • Despite raising $200 million in funding, there is uncertainty about the future of Humane and its AI Pin, due to the device's unconventional design and the company's recent layoffs.
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