HP, which is buying the company’s intellectual property for $116 million… Humane was seeking a $1 billion buyout
🤣 🤣 🤣
Submitted 3 days ago by schizoidman@lemm.ee to technology@lemmy.world
HP, which is buying the company’s intellectual property for $116 million… Humane was seeking a $1 billion buyout
🤣 🤣 🤣
HP. Now there’s a company with an eye for the future! 🤭
That still seems like a wildly high buyout.
Even 116 mil is too much for this trash product.
If HP does anything with that IP they will 110% find a way to make it even worse.
‘I’ll give you tree-fiddy’
-HP, probably
[The Humane AI team will form an] AI innovation lab focused on building an intelligent ecosystem across HP’s products and services for the future of work
Hope they like figuring out how to sell printer ink
“It’s like chatgpt but it only prints replies on physical paper so it’s a premium experience, and the ai is expressive so it will use delightfully colorful, full page background images for its replies.”
I’ve been in an acquisition like this. I feel for anyone who has their startup work dismantled by an acquisition just looking to hire and squash their product.
The product was a failure long before HP got anywhere near it
Internet of things == internet of trash
Don’t buy shit you cannot own
IoT can be great. The key is, as you pointed out, to actually have personal control over it.
It also has to account for WAF (wife acceptance factor). If it doesn’t fail gracefully to a dumb version of itself, it’s not to be trusted
Oh good, more useless e-waste.
Everytime there is a new technology everyone rushes to cram it into literally anything. Like when Bluetooth came out. Or the first apps, blockchain, etc. It’s honestly sickening in my actual stomach. Big or small e-waste for all.
They worked before? Not what I heard.
I think the article says they will work less than before.
They’re gonna suddenly be too light to use as a paper weight? 🤨
A little shocked the Rabbit R1 outlived them. Mine is still chugging, though a lot of the features (like MidJourney integration) have been halted.
Gonna be a fun little Android media player in a few months I suppose.
I mean, the R1 was $200, came with a year of Perplexity, and didn’t require a subscription.
The Pin started at $500 and required a subscription, along with a new phone number.
Not that surprised.
I thought that the subscription money was what would keep them afloat for longer
I had never heard of it. From wiki
The Ai Pin is a wearable device, meant to be attached to the user’s shirt at chest level. It is a voice assistant and cellular phone, equipped with a camera, and a limited monochrome “screen” that’s projected onto the user’s hand on demand. The user mostly interacts with the device through a small touchpad, and also hand gestures when the projection screen is active.[15]
It has AI in the name.
Yep!
All the tech companies are invested in AI, and it’s gloriously expensive to do from scratch. Instead, they’ll drop $100 million to “stay relevant in today’s climate” without doing any work.
If nothing else, the list of customers who were interested enough to spend money on such a product might be valuable to them.
10,000 buyers. Yeah, no.
Even it was much higher, yeah no.
Nothing, and that’s why they are shutting it down. You should read the article, HP’s comments on what they get from the acquisition are directly quoted in it.
Seriously?
Ok:
What the hell does hp see in IP in this?
IP hoarding of products that may potentially be produced. Millions of dollars aren’t a pocket change, but if anyone’s going into this wearable AI bullshit, HP’d make a hole in their pockets. It’s a low stakes conservative gamble ‘just in case’.
I have a hard time seeing much patentable. They can’t just patent ‘wearable pin’, it has to be much more specific.
distant Zitron laughing
My man is going to get a permanent desk at TrashFuture if this keeps up.
Lol
Was anyone ever able to accurately count the number of almonds in their hand?
FancyPantsFIRE@lemm.ee 3 days ago
Oh man, they are gonna ruin like 5 people’s day with this.
01189998819991197253@infosec.pub 3 days ago
Is it that many?
JayGray91@lemmy.world 2 days ago
At least as many as techtubers influencers received them. So 1 too many of this grift.