HP is acquiring Humane’s AI tech and talent for $116 million—but the AI Pin, once hyped as a smartphone alternative, is officially being shuttered.

Humane announced on Tuesday that most of its assets have been acquired by HP for $116 million. The hardware startup is immediately discontinuing sales of

Humane AI Pin customers have until Feb. 27 to get a refund, while HP plans to stick AI in its printers as it acquires Humane for $116 million.