AI Startup Humane Seeks Buyer for $750M-$1B Weeks After Rocky AI Pin Launch

May 22, 2024, 01:35 AM

AI startup Humane is seeking a buyer for its business, targeting a price between $750 million and $1 billion. The company, known for its AI Pin device, is pursuing a sale just weeks after the product's rocky public launch. Humane had previously raised $230 million in funding. The potential sale comes amid widespread negative reviews of the AI Pin. The news was reported by Bloomberg, with contributions from Liana Baker and Mark Gurman.