Humane, the startup behind the AI Pin, in talks with HP, telecoms to sell

Core Insights - Humane, an AI hardware startup founded by former Apple designers, is seeking a buyer after the lackluster debut of its AI Pin device [1][2] - The company is in discussions with HP and other firms, including multiple telecom companies, and has engaged investment bank Tidal Partners for advisory on a potential deal [1] Company Overview - The AI Pin is marketed as a smartphone replacement, allowing users to make calls, send texts, and perform searches through voice control [1] - The device is priced at $699 and requires a$24 monthly data subscription to T-Mobile [1] Product Reception - The AI Pin received a tepid response from gadget reviewers, with criticisms labeling it as untrustworthy and not very useful, describing it as "more science project than finished product" and "totally broken" [1] - Reviewers characterized the device as a "party trick" at best, indicating significant issues with its functionality [1] Funding and Financials - Humane raised $100 million in funding last year from notable investors including Microsoft, LG's venture arm, and Tiger Global, bringing its total funding to over$200 million [2] - Key backers include OpenAI CEO Sam Altman and Salesforce CEO Marc Benioff [2] Development Timeline - A source indicated that Humane is approximately six months behind its original timeline for product development, which is typical for hardware startups [2]