Humane's AI Pin: Seeking a Buyer Amidst Mixed Reviews and High Expectations

San Francisco Bay Area, California, USA United States of America
Humane had raised $230 million from investors including Sam Altman.
Humane is seeking a buyer for its business.
Humane's operating system uses AI models to process voice queries and analyze camera input. It features a laser display projected onto the user's inner palm.
Humane was founded by Imran Chaudhri and Bethany Bongiorno.
The AI Pin was launched a month ago with mixed reviews.
The device received criticism for slow response times, irrelevant responses, poor battery life, and high price tag of $699.
Humane's AI Pin: Seeking a Buyer Amidst Mixed Reviews and High Expectations

In recent news, Humane, the tech startup behind the AI Pin wearable device, is reportedly seeking a buyer for its business. According to multiple sources, Humane has hired a financial adviser to assist in the sale process and is hoping to fetch between $750 million and $1 billion.

The AI Pin was launched just over a month ago with much fanfare, pitched as a wearable Siri button that would offer users quick access to an AI assistant. However, the device received mixed reviews due to its slow response times, irrelevant responses, poor battery life, and high price tag of $699.

Despite these challenges, Humane had previously raised $230 million from high-profile investors including OpenAI CEO Sam Altman. The company's operating system, CosmOS, uses AI models to process voice queries and analyze camera input. It also features a laser display projected onto the user's inner palm.

The news of Humane's potential sale comes as other tech giants like Amazon, Apple, Google, Meta, and Microsoft continue to make significant strides in the AI realm. It remains to be seen how much value Humane's intellectual property would bring to any of these ongoing efforts.

Humane was founded by Imran Chaudhri and Bethany Bongiorno, a married couple who previously worked at Apple. The duo had promised that the AI Pin would reduce users' dependence on smartphones and offer a more present experience. However, the device's underwhelming debut has left many questioning its potential.

As of now, Humane has not commented on the sale rumors. It is important to note that these reports are still in their early stages and may not result in a deal closing at all.


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Confidence

91%

Doubts
  • It is unclear if any specific buyers have expressed interest in Humane.
  • The sale process may not result in a deal closing.

Sources

80%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

One Month After Launch, AI Pin Maker Humane Seeks a Billion Dollar Sale

Gizmodo Kyle Barr Wednesday, 22 May 2024 14:00
  • Unique Points
    • Humane, the company behind the AI Pin, is reportedly looking to sell for between $750 million and $1 billion.
    • Imran Chaudhri and Bethany Bongiorno, a married couple who previously worked at Apple, head up Humane.
  • Accuracy
    • Artificial intelligence startup Humane Inc. is seeking a buyer for its business.
    • Humane, an AI-hardware startup, is reportedly exploring a sale for up to $1 billion.
  • Deception (30%)
    The article contains selective reporting as Humane's promises about the AI Pin's capabilities and the issues with its responsiveness, accuracy, and battery life are highlighted while omitting any mention of its successes or improvements. The author also uses emotional manipulation by describing the device as 'prone to getting facts wrong' and 'confidently lying about what it saw'. Additionally, there is a lack of disclosure regarding sources.
    • But better LLMs don’t necessarily defeat all the problems with the Pin, which comes down to pricing.
    • The device was supposed to be controllable via voice and had a laser interface that would project onto the user’s hand. Once reviewers started using AI Pin, they found it was very slow to respond, and its hologram controls were finicky and nearly invisible in direct sunlight.
    • As for the AI’s responsiveness, users noted it was prone to getting facts wrong or mistaking objects in its field of view before confidently lying about what it saw.
  • Fallacies (85%)
    The article contains a few informal fallacies and appeals to authority. It mentions the company's attempt to sell for a high price despite the issues with their product but does not present any logical fallacies in the statements made by Kyle Barr. However, there are some issues with quotes from other sources such as anonymous sources talking to Bloomberg and Sam Altman's support for the company.
    • ]The asking price is between $750 million and $1 billion
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

96%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Wearable AI Startup Humane Is Said to Explore Potential Sale

Bloomberg News Now Liana Baker, Wednesday, 22 May 2024 21:51
  • Unique Points
    • Artificial intelligence startup Humane Inc. is seeking a buyer for its business.
    • The company is working with a financial adviser to assist it in the sale process.
  • Accuracy
    • Humane, the company behind the AI Pin, is reportedly looking to sell for between $750 million and $1 billion.
    • Humane is seeking a price between $750 million and $1 billion.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

96%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Humane, Maker of Wearable AI Pin, Is Exploring a Sale, Report Says

CNET Wednesday, 22 May 2024 21:52
  • Unique Points
    • Humane is reportedly exploring a sale for up to $1 billion.
    • The company was founded by veterans of Apple’s design team.
  • Accuracy
    • The Humane AI Pin launched in April with promises of quick and easy AI-based vision and voice capabilities.
    • The device was supposed to allow users to call, text friends, learn about surroundings without scrolling on their phone.
    • Imran Chaudhri and Bethany Bongiorno, a married couple who previously worked at Apple, head up Humane.
    • Reviewers found the AI Pin slow to respond and its hologram controls finicky and nearly invisible in direct sunlight.
    • The device was prone to getting facts wrong or mistaking objects in its field of view before confidently lying about what it saw.
    • Humane promised updates into the summer that would add a connection with calendars, timers, and clocks.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (0%)
    None Found At Time Of Publication

92%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

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

The Verge Chris Welch Wednesday, 22 May 2024 02:10
  • Unique Points
    • Humane is looking for a buyer.
    • The company is seeking a price between $750 million and $1 billion.
  • Accuracy
    • AI Pin has received poor reviews due to slow responses and underwhelming user experience.
    • Device was pitched as a way to reduce dependence on smartphones.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (85%)
    The article contains some inflammatory rhetoric and appeals to authority. It also presents a dichotomous depiction of the AI Pin's performance. No explicit logical fallacies were found in direct quotes from Chris Welch.
    • . . . the $699 AI Pin’s debut: the device has been widely panned for its slow responses and a user experience that falls well short of the always-on, wearable AI assistant concept that its founders promised in the run-up to the device’s release.
    • Humane was valued at $850 million by investors in 2023, but that was before its first-ever product was universally criticized by reviewers.
    • Just last week, it rolled out OpenAI’s GPT-4 model to further enhance the device’s smarts.
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication

96%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermine the credibility of the source. It is calculated as:
(Site Conflicts Of Interest + Author Conflicts Of Interest) / 2.0 * 0.2 + ArticleBiasScore * 0.20 + UniquePointsScore * 0.05 + DeceptionScore * 0.20 + ReadabilityScore * 0.05 + FallacyScore * 0.20

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

Wearable AI Pin maker Humane is reportedly seeking a buyer

Engadget Mariella Moon Wednesday, 22 May 2024 21:54
  • Unique Points
    • Humane, the tech startup behind the AI Pin, is seeking a buyer.
    • Bloomberg reported that Humane is working with a financial adviser and hoping to sell for between $750 million and $1 billion.
  • Accuracy
    • Humane is seeking a buyer for between $750 million and $1 billion.
    • The Humane AI Pin received poor reviews upon launch.
    • The Humane AI Pin costs $700 to buy and requires a monthly fee of $24.
    • Another dedicated AI gadget, the Rabbit R1, is more affordable but still not cheap enough to make the category popular.
  • Deception (100%)
    None Found At Time Of Publication
  • Fallacies (100%)
    None Found At Time Of Publication
  • Bias (100%)
    None Found At Time Of Publication
  • Site Conflicts Of Interest (100%)
    None Found At Time Of Publication
  • Author Conflicts Of Interest (100%)
    None Found At Time Of Publication