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Humane, the startup behind the poorly-reviewed AI Pin wearable computer<\/a>, is already hunting for a potential buyer for its business. That\u2019s according to a report from Bloomberg<\/em><\/a>, which says the company \u2014 led by former longtime Apple employees Imran Chaudhri and Bethany Bongiorno \u2014 is \u201cseeking a price of between $750 million and $1 billion.\u201d <\/p>\n<\/div>\n That might be a tough sell after the $699 AI Pin\u2019s debut: the device has been widely panned for its slow responses and a user experience that falls well short of the always-on, wearable AI assistant concept that its founders promised in the run-up to the device\u2019s release. The product was pitched at least partially as a way for people to be more present and reduce their ever-growing dependence on smartphones.<\/p>\n<\/div>\n Humane developed its own operating system called CosmOS that runs on the AI Pin. It hooks into a network of AI models to fetch answers for voice queries and to analyze what the built-in camera is pointed at. For some interactions, the device beams out a laser \u201cdisplay\u201d that is shown on the wearer\u2019s inner palm. A monthly subscription is required to keep the device active.<\/p>\n<\/div>\n Humane was valued at $850 million<\/a> by investors in 2023, but that was before its first-ever product was universally criticized by reviewers. There are some novel and clever ideas in there, but the AI Pin\u2019s software is underbaked and too inconsistent, and the hardware has exhibited poor battery life and overheating issues. Humane has pledged to address some of those bugs with firmware updates. Just last week, it rolled out OpenAI\u2019s GPT-4o model<\/a> to further enhance the device\u2019s smarts.<\/p>\n<\/div>\n The list of potential buyers for Humane seems quite small considering the price that the startup is hoping to fetch. Amazon, Apple, Google, Meta, and Microsoft are all making significant pushes into the AI realm \u2014 with large language models and generative AI becoming more prevalent by the day \u2014 but it\u2019s unclear how much value Humane\u2019s intellectual property would really bring to any of their ongoing efforts.<\/p>\n<\/div>\n