Welcome back to Week in Review. This week we’re looking at the internal chaos surrounding HP’s $116 million acquisition of AI Pin maker Humane; Mira

Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.

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.

Hours after the acquisition was announced, several Humane employees received job offers. Others were not so lucky.

That's a blow to Humane and its hopes of selling an entirely new category of hardware, but the failure of the Ai Pin isn't just about Humane, it's about the future of AI hardware. While Humane's pin wasn't the only AI gadget on the scene, it was by far the most high profile.

HP Inc. will acquire assets from Humane Inc., the maker of the wearable Ai Pin introduced in late 2023, for $116 million.

HP has acquired Humane, which will shutter the services for its biometric AI Pins by the end of the month. HP takes over its AI capabilities and staff.

The $699 Humane AI Pin is now a paperweight, sold for IP to HP. The hardware will stop working after Humane's services are cut off at the end of the month. All data will be delete

Humane, the company that developed a widely-covered AI pin, is shutting down and selling its assets to HP for $116 million. This sale includes Humane’s CosmOS operating system, more than 300 patents and applications,