Humane reportedly sought a potential buyer to take over its business, with Bloomberg citing it has turned to financial
Mobile World Live 12:31 pm on May 22, 2024
AI pin maker Humane considers selling for up to $1 billion after its 2024 launch, facing criticism over user interface complexity despite initial valuation.
- Company Name: Humane - Initial Launch of Ai Pin Wearable in 2024
- Product Overview: AI wearable with potential to replace smartphones, later facing user interface issues
- Financial Consideration: Potential sale valued between $750 million and $1 billion from initial valuation of $850 million in 2024
- Founding Team: Former Apple executives, Imran Chaudri and Bethany Bongiorno
- Investors: OpenAI's Sam Altma among other notable investors
https://www.mobileworldlive.com/devices/ai-pin-maker-humane-mulls-potential-sale/
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