HP to Acquire Parts of Humane for $116M
bloomberg.com
HP to Acquire Parts of Humane for $116M
1–10 of 21 posts
Re: HP to Acquire Parts of Humane for $116M
#2Re: HP to Acquire Parts of Humane for $116M
#3Official Humane release: https://humane.com/media/humane-hp
Re: HP to Acquire Parts of Humane for $116M
#4How does this deal get made unless someone at HP owes some humane investor a favor?
Re: HP to Acquire Parts of Humane for $116M
#5https://support.humane.com/hc/en-us/articles/34374173951373-...
"Your Ai Pin will continue to function normally until 12pm PST on February 28, 2025. After this date, it will no longer connect to Humane’s servers, and .Center access will be fully retired."
Re: HP to Acquire Parts of Humane for $116M
#6I bet this was their goal all along. I was saying this when the product launched.
Funny, I don't see anything in this announcement about refunds?...
Re: HP to Acquire Parts of Humane for $116M
#7I bet this was their goal all along. I was saying this when the product launched. Funny, I don't see anything in this announcement about refunds?...
The goal from the start was to raise $230M and then get acqui-hired for $116M by HP?
Re: HP to Acquire Parts of Humane for $116M
#8What could Humane possibly have that HP couldn’t do on their own for that much money?
Re: HP to Acquire Parts of Humane for $116M
#9What could Humane possibly have that HP couldn’t do on their own for that much money?
A 116M acquihire. This sounds like a really bad decision on HP's part unless we're missing details, especially since HP has mostly moved out of Cupertino to Houston
> The deal will include the majority of Humane’s employees in addition to its software platform and intellectual property, the company said Tuesday. It will not include Humane’s Ai pin device business, which will be wound down, an HP spokesman said.
> Humane’s team, including founders Imran Chaudhri and Bethany Bongiorno, will form a new division at HP to help integrate artificial intelligence into the company’s personal computers, printers and connected conference rooms, said Tuan Tran, who leads HP’s AI initiatives.
Edit: the article doesn't say this, however they raised 230M, so it's possible Humane has 115M in the bank and they acquire this through the acquihire.
Re: HP to Acquire Parts of Humane for $116M
#10https://support.humane.com/hc/en-us/articles/34374173951373-... "Your Ai Pin will continue to function normally until 12pm PST on February 28, 2025. After this date, it will no longer connect to Humane’s servers, and .Center access will be fully retired."
It's a $700 device with a $24/month subscription fee, and will be bricked in ten days.
At least the equally-panned Rabbit R1, released around the same timeframe and riding the same AI hype, only cost $200 with no subscription.