AI wearable startup Humane, founded by ex-Apple executives, is exploring a potential sale after a challenging product launch.

AI wearable startup Humane, founded by ex-Apple executives, is exploring a potential sale after a difficult public launch of its AI wearable device. The company, valued at $850M last year, is reportedly seeking a price between $750M and $1B, with a financial advisor assisting them. Humane's AI-enabled wearable pin, priced at $699, has faced criticism for slow responses and underwhelming performance.

May 22, 2024
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