HP announced that it has acquired an AI assist wearable device startup company Humane which developed the now infamous Ai pin device. HP is getting 300 patents and patent applications, some of its employees and other Intellectual property from the deal. HP plans to integrate Humane's IP and expertise with its existing portfolio of consumer products. However, the Ai Pin devices are not a part of this deal, and from February 28, AI Pin's cloud software will no longer be available. Humane assured it will be processing refunds for recent purchases, including for its subscription plans.
Humane's founders Imran Chaudri and Bethany Bongiorno who were design and software engineers for Apple Inc. will be forming a new division called 'HP IQ' in the company and be responsible for integrating AI in HP printers, PC and other devices.
