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The AI Pin Melt
Reports claim that Humane, the firm creating the AI Pin, was trying to sell its company. AI Pin, the wearable artificial intelligence assistant, got poor reviews and sales. By the start of April, about 10,000 people had already placed orders for the first tool.
The Price in Billion Dollar Units
Though the AI Pin doesn’t perform particularly well, Humane is supposedly seeking a buyout valued up to $1 billion2. This figure is startling given the initial money the AI Pin sales are estimated to bring in—about $7.24 million.
People who may purchase
HP seems to be among the businesses Humane was considering a potential sale to. Discussions started one week or two after the negative AI Pin reviews surfaced.
Notes on Safety ☱ 1
Complicating matters further, Humane has now advised its customers to cease using the AI Pin’s charging case due to a potential “fire safety risk”.This disclosure seriously tarnished the company’s brand and very probably reduced its prospects for a sizable takeover.
What Humane Has Ahead
Humane’s $1 billion self-selling strategy runs a significant risk as customers disliked its artificial intelligence Pin�. Whether the business will be able to attract a buyer ready to pay such a premium is still unknown.
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