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June 6, 2024 06:17 pm
Original Link: https://slashdot.org/story/24/06/06/1817211/humane-said-to-be-seeking-a-1-billion-buyout-after-only-10000-orders-of-its-ai-pin?utm_source=rss1.0mainli
Humane Said To Be Seeking a $1 Billion Buyout After Only 10,000 Orders of Its AI Pin
An anonymous reader writes: It emerged recently that Humane was trying to sell itself for as much as $1 billion after its confuddling, expensive and ultimately pretty useless AI Pin flopped. A New York Times report that dropped on Thursday shed a little more light on the company's sales figures and, like the wearable AI assistant itself, the details are not good. By early April, around the time that many devastating reviews of the AI Pin were published, Humane is said to have received around 10,000 orders for the device. That's a far cry from the 100,000 it was hoping to ship this year, and about 9,000 more than I thought it might get. It's hard to think it picked up many more orders beyond those initial 10,000 after critics slaughtered the AI Pin. One of the companies that Humane has engaged with for the sale is HP, the Times reported.Read more of this story at Slashdot.
Original Link: https://slashdot.org/story/24/06/06/1817211/humane-said-to-be-seeking-a-1-billion-buyout-after-only-10000-orders-of-its-ai-pin?utm_source=rss1.0mainli
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