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

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. Humane was valued at $850 million by investors in 2023, but that was before its first-ever product was universally criticized by reviewers. 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. Humane has pledged to address some of those bugs with firmware updates. Just last week, it rolled out OpenAI’s GPT-4o model to further enhance the device’s smarts. #

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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.