The excitement around the Humane AI Pin has faded. The company behind the $700 AI device has sold its assets to HP for $116 million, and some of the employees have joined the company. It's a lot of money, but not exactly a coup for Humane, considering the startup had raised over $230 million. HP discontinuing the AI Pin is just the capper.
The withering of Humane's fortunes has more significant implications for another AI device, the Rabbit’s R1. The chirpy little AI gadget and the startup behind it may end up in a similar place as Humane if it's not careful. There are plenty of reasons why Humane may have failed, though I have a few theories.
