HP Acquires Humane AI Pin Tech for Cool $116 Million USD

HP is making a big move in artificial intelligence by acquiring key technology from Humane, a company known for its AI-powered platform, Cosmos, that also powered its failed AI Pin hardware.

As part of the deal, HP is taking over Humane’s AI platform, its team of engineers, and over 300 patents. This $116 million USD acquisition is expected to help HP integrate AI across its products, including computers, printers, and even smart conference rooms.

“This investment will rapidly accelerate our ability to develop a new generation of devices that seamlessly orchestrate AI requests both locally and in the cloud,” said Tuan Tran, President of Technology and Innovation at HP, in a statement.

“Humane’s AI platform Cosmos, backed by an incredible group of engineers, will help us create an intelligent ecosystem across all HP devices from AI PCs to smart printers and connected conference rooms. This will unlock new levels of functionality for our customers and deliver on the promises of AI,” he said.

“We’re excited to join HP at such a pivotal moment in the industry and help shape the future of intelligent experiences,” said Bethany Bongiorno and Imran Chaudhri, Co-founders of Humane (and former Apple engineers). “HP’s scale, global reach, and operational excellence—combined with our design-led approach, integration technology, and engineering expertise—will redefine workforce productivity.”

The Humane AI Pin that launched was blasted by reviewers for not working properly as intended.

The deal is set to close by the end of the month said HP in a statement. Now, was this a good buy by HP? Not sure what makes the Humane AI Pin tech so good that it will beat generative AI chatbots from OpenAI, Gemini and Grok.