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The fallout from HP's Humane acquisition
HPQHP(HPQ) TechCrunch·2025-02-22 18:05

Acquisition and Company Changes - HP acquired Humane's AI Pin assets for 116million,significantlylessthanthe116 million, significantly less than the 240 million raised in venture capital funding [2] - Humane will discontinue sales of its AI Pins, and after February 28, the devices will lose connectivity to Humane's servers, rendering them non-functional for calls, messaging, and AI queries [2] - Following the acquisition, HP offered job positions to several Humane employees with pay increases between 30% and 70%, while others, particularly those involved with the AI Pin, were laid off [3] Product Developments - Apple announced the iPhone 16e, featuring an A18 processor, Face ID, and USB-C, starting at $599 and shipping on February 28 [4] Industry News - Duolingo's marketing campaign led to the "death" of its owl mascot, aiming to encourage users to engage more with the platform [6] - OpenAI has decided to adopt a neutral stance in ChatGPT, providing multiple perspectives on controversial topics [6] - Uber is suing DoorDash for allegedly stifling competition through intimidation tactics against restaurant owners [6] - Mira Murati, former OpenAI CTO, launched a new AI startup, Thinking Machines Lab, focusing on collaborative multimodal systems [6] - Elon Musk's xAI released Grok 3, claiming it to be a "maximally truth-seeking AI" [6] - Amazon will shut down its Android app store in August to focus on its own devices [6] - A Pew Research Center study revealed negative perceptions of both Elon Musk and Mark Zuckerberg among U.S. adults [6]