According to Bloomberg, Humane, the company behind the AI Pin smart clothing assistant device, has been facing criticism since its launch in April. User reviews, especially noted by MKBHD, have been particularly negative, labeling it as the worst reviewed product to date. This has led to internal issues within the company, prompting discussions for a potential buyout.
Initial sales projections estimate Humane’s value between $750-1,000 million. Founded in 2018 by Imran Chaudhri and Bethany Bongiorno, both former Apple employees, the company has already raised $230 million from investors, including Sam Altman, CEO of OpenAI.
The concept of AI Pin has garnered significant interest from investors, focusing on creating a portable device that can perform tasks on-demand through AI processing power. However, reviews suggest that current capabilities of AI Pin and similar devices like Rabbit R1 are comparable to existing smart devices such as smartphones or smartwatches, with potentially better performance.
Source: Bloomberg
TLDR: Humane’s AI Pin device, despite initial hype, has received negative reviews, prompting internal issues and discussions for a potential buyout. Investors have shown interest in the concept, but practicality and performance have raised concerns.
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