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The Humane Ai Pin started shipping to customers barely a month ago but, according to a new report, the com-
           pany is looking to sell itself for as much as $1 billion.


           Humane first fully announced the Ai Pin, its first and only product, in November 2023. The product uses AI
           models, Android, and a unique laser projector to craft an experience that it meant to be helpful and ambient in
           daily life. It had big promise, but reviews of the product were overwhelmingly negative. The device started
           shipping to customers in April 2024 and problems with the device included extremely poor battery life, fre-
           quent overheating problems, and many software shortcomings.



           According to “people familiar with the matter,” Humane is “seeking a buyer for its business” and in talks with
           a financial advisor to assist in a potential sale. It’s noted that the process is still very early, but that Humane is
           looking for a sale between $750 million and $1 billion.


           It should come as no surprise that the startup is looking to sell itself to a larger company, but the speed at
           which this is happening seems especially quick.


           Humane has not confirmed that it intends to sell the company as of yet.


           Meanwhile, elsewhere in the AI gadget space, the Rabbit R1 is under increasing scrutiny as new information
           about the company’s founder and past business dealings are coming to light.
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