Months after revealing its hyped Ai Pin wearable computer, and mere weeks after its public launch, tech startup Humane is reportedly looking to sell.
According to Bloomberg, Humane is searching for a buyer to take the company off its hands for a lofty sum: between $750 million and $1 billion.
Founded by ex-Apple employees Bethany Bongiorno and Imran Chaudhri, Humane has enjoyed the type of hype tech startups dream of over the last six months, thanks to its buzzy wearable.
Dubbed the "smartphone killer", Humane's $699 AI Pin is a computer you can wear on your clothes that's powered by OpenAI, boasts a Snapdragon processor, and has a camera and projector within it. It's an understatement to say it sent the internet into a flurry after it debuted in November, and it's been compared to the pocket-sized Rabbit R1 AI Assistant.
We've had our eyes glued to the AI Pin's progress; Mashable tech reporter Cecily Mauran wrote about the device's futuristic features at launch, and assistant editor Chance Townsend went hands-on with the AI Pin at SXSW. But as Mashable's tech editor Kim Gideon pointed out, critics have been pretty harsh on the device, scorning the $24 monthly subscription fee and palm projector tech but praising its real-time translation abilities.
It's these criticisms that might make that reported billion-dollar acquisition target an ambitious goal. We'll see.
