AI startup Humane to wind down wearable pin business, sell assets to HP
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AI startup Humane is closing its wearable pin business and selling its assets to HP Inc for $116 million due to poor reviews and lack of orders.
February 19, 2025 | 1:00 pm
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HP Inc is acquiring assets from AI startup Humane for $116 million as Humane shuts down its wearable pin business due to poor reviews and lack of orders.
HP Inc is acquiring assets from Humane, which could enhance its product offerings or technology portfolio. The acquisition price of $116 million suggests a significant investment, potentially leading to positive market sentiment for HPQ.
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