Get the latest tech news

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

Apparently Humane thinks it’s worth upwards of $1 billion.

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.” The Bloomberg report notes that Humane has raised $230 million from investors including OpenAI CEO Sam Altman, who is rumored to be developing an unrelated product ( in collaboration with legendary Apple designer Jony Ive) that could better showcase AI’s promise. There are some novel and clever ideas in there, but the AI Pin’s software is underbaked and too inconsistent, and the hardware has exhibited poor battery life and overheating issues.

Get the Android app