- This topic is empty.
-
Posts
-
HP Just Blew $116M of Your Ink Cartridge Money
to Buy One of Silicon Valley’s Biggest Flops.
HP just made one of the most baffling tech purchases in recent history, dropping $116 million to acquire the smoldering wreckage of Humane, the startup behind the disastrous AI Pin. The device was supposed to replace your smartphone—but instead, it barely worked, overheated, and died on arrival.So why did HP throw a fortune at a company that the market already rejected? The answer: AI hype and desperation. With PC sales slumping and consumers fed up with HP’s overpriced ink cartridges, the company is scrambling for its next big thing—apparently, even if that means buying a $699 piece of vaporware that no one wanted.
Humane, once Silicon Valley’s golden child, burned through $230 million in VC cash, only to end up as an industry punchline. Early adopters quickly realized the AI Pin was slow, clunky, and borderline useless. Now, HP owns it—and if history tells us anything, they’ll probably find a way to charge you a subscription fee just to turn it on.
HP claims they’ll use Humane’s tech to boost their AI initiatives. But if the AI Pin is any indication, don’t hold your breath. One thing’s for sure—your next overpriced ink cartridge just helped fund one of the biggest flops in tech history.
- You must be logged in to reply to this topic.