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.”
It hooks into a network of AI models to fetch answers for voice queries and to analyze what the built-in camera is pointed at.
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.
Amazon, Apple, Google, Meta, and Microsoft are all making significant pushes into the AI realm — with large language models and generative AI becoming more prevalent by the day — but it’s unclear how much value Humane’s intellectual property would really bring to any of their ongoing efforts.
The original article contains 379 words, the summary contains 197 words. Saved 48%. I’m a bot and I’m open source!
This is the best summary I could come up with:
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.”
It hooks into a network of AI models to fetch answers for voice queries and to analyze what the built-in camera is pointed at.
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.
Amazon, Apple, Google, Meta, and Microsoft are all making significant pushes into the AI realm — with large language models and generative AI becoming more prevalent by the day — but it’s unclear how much value Humane’s intellectual property would really bring to any of their ongoing efforts.
The original article contains 379 words, the summary contains 197 words. Saved 48%. I’m a bot and I’m open source!