this post was submitted on 22 May 2024
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407
Humane AI Pin is a disaster: Founders already want to sell the company (arstechnica.com)
submitted 5 months ago by gedaliyah to c/technology
85 comments fedilink hide all child comments
 

Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is "seeking a price of between $750 million and $1 billion in a sale."

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[–] [email protected] 45 points 5 months ago (4 children)

They designed a product that doesn't solve a problem that anyone has. On top of that they designed something that doesn't even work well.

[–] ghewl 8 points 5 months ago

Yep, at high price+monthly fee, too.

[–] [email protected] 7 points 5 months ago* (last edited 5 months ago)

If they had a couple of unbeatable patents that they just couldn't figure out how to turn into products, that's almost forgivable -- you blew your launch, so you sell out to a company who has the resources to make your ideas into something the public will buy. But as far as I can tell, these guys don't really have any IP worth buying them out for.

[–] [email protected] 4 points 5 months ago

And it was overpriced. I can see people buying a useless toy for 50 bucks, but not for $700.

[–] AA5B 1 points 5 months ago

I never looked into it, but assumed it was just like an “echo dot”. May deserves a premium for being smaller and belatedly powered, as much as $30?