AI startup Humane is now reportedly looking for buyers
Reportedly, the company is working with a financial advisor to help with the sale and is aiming for a sale price ranging from $750 million to $1 billion. But it’s still early days, and there’s no guarantee a deal will go through.
Hi everyone. We just shared details on our first update for Ai Pin and CosmOS. We’ve also outlined the major focus areas for continued improvement.
Priority Areas:
– Improving battery life and thermal management
– Reducing response latency
– Fine-tuning accuracy for a smoother…— Humane (@Humane) April 23, 2024
It’s not uncommon for startups to seek acquisition by larger companies, but the rapid pace of this move is raising eyebrows. That said, Humane hasn’t officially confirmed its intention to sell the company – at least not yet.
Meanwhile, Meta, the parent company of Facebook and Instagram, integrated AI into its Ray-Ban glasses. However, despite these efforts, none of the technology is anywhere near as mainstream as the smartphone, at least not yet.
