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Fibonacci Tech News

Humane is looking for a buyer after the AI Pin’s underwhelming debut

Photo by Amelia Holowaty Krales / The Verge

Humane, the startup behind the poorly-reviewed AI Pin wearable computer, is already hunting for a potential buyer for its business. That’s according to a report from Bloomberg, which says the company — led by former longtime Apple employees Imran Chaudhri and Bethany Bongiorno — is “seeking a price of between $750 million and $1 billion.”

That might be a tough sell after the $699 AI Pin’s debut: the device has been widely panned for its slow responses and a user experience that falls well short of the always-on, wearable AI assistant concept that its founders promised in the run-up to the device’s release. The product was pitched at least partially as a way for people to be more present and reduce their ever-growing dependence on…

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