Humane, a startup known for its AI-embedded wearable pins, is shutting down after struggling to deliver on its ambitious promises. The company raised over $230 million and was valued at $850 million, attracting high-profile investors like Sam Altman and Marc Benioff. However, after a lavish launch and a series of disappointing reviews, the pin was criticized for its performance. Major tech outlets labeled it as ineffective and lacking practicality, ultimately leading to its acquisition by HP Inc., highlighting the challenges faced by startups in the AI sector.
Humane's journey illustrates the pitfalls of hype-driven innovation, as even well-funded startups can falter when they fail to deliver on ambitious promises.
Despite an impressive start with significant backing, Humane's AI pin was ultimately unable to meet user expectations, leading to its downfall within a year.
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