Inside the Humane acquisition: HP offers big raises to some, others immediately laid off | TechCrunch
Briefly

Humane, a prominent AI hardware startup, was partially acquired by HP for $116 million, significantly less than its previous funding of $240 million. Following the acquisition announcement, almost 200 employees faced uncertainty, with some receiving lucrative job offers from HP while others were let go. The move underscores HP's intent to enhance its AI capabilities by bringing on board Humane's AI engineers. The newly formed HP IQ unit will integrate Humane's AI operating system, CosmOS, into HP's existing products, reflecting the intense demand for AI talent in the tech industry.
HP's acquisition of Humane highlights the ongoing demand for AI-focused software engineers, which are crucial assets in today's competitive tech landscape.
Despite rising salaries and recruitment of Humane employees, not all were offered job positions, shedding light on the selective nature of the acquisition.
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