Humane AI is reportedly looking for a buyer, just weeks after its disastrous wearables launch

Create a bright and jovial digital artwork in a 3:2 aspect ratio, capturing the storyline from an article about an artificial intelligence company. The central focus should be on an AI-enabled wearable pin, illustrated in a cartoon-like style, comparable to some pre-1912 animation aesthetics. The pin should emanate a sense of dissatisfaction, perhaps through exaggerated negative user expressions or critique symbols like thumbs down or sad emoticon. Nevertheless, the overall sentiment should remain hopeful, maybe symbolize plans for updates and improvements, possibly through a sketch of gears and tools. The background could hint at substantial investment with a pile of gold coins, and the potential uncertain future with a forked road or cloudy skies.

Humane, an artificial intelligence startup, is reportedly seeking a buyer following the disastrous launch of its AI-enabled wearable pin. The company, valued at $850 million last year, is aiming for a sale price of $750 million to $1 billion. Founded in 2018 by former Apple managers Imran Chaudhri and Bethany Bongiorno, Humane’s wearable pin was met with scathing reviews upon its April launch, with critics deeming it unready for real-life use. Despite this, the company’s founders have expressed plans for updates to enhance the device’s capabilities over time. In March 2023, Humane secured $100 million in Series C funding from investors such as Microsoft, Tiger Global, and Sam Altman. The wearables market, driven by AI, has attracted substantial investment, but few products have successfully reached consumers at scale. Humane’s potential sale comes amidst uncertainty about the future winners in this evolving industry. The company did not respond to requests for comment about the sale.

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