Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin

It appeared recently Humanist was trying to sell himself for Up to $1 billion After the confusion, the expensive and ultimately pretty useless AI Pin crashed. A New York Times Thursday’s report shed some light on the company’s sales numbers, and details like the wearable AI assistant itself aren’t good.

At the beginning of April, around this time Devastating reviews have been posted about AI Pin, Humane is said to have received about 10,000 orders for the device. That’s a far cry from the 100,000 he hopes to ship this year, and about 9,000 more than I can get. It’s hard to believe that after critics cut the AI ​​Pin, it garnered more orders than the initial 10,000.

At a price of $700 ($24 per month mandatory for 4G service), this maxes out Humane’s initial revenue at around $7.24 million, excluding canceled orders. And yet Humane wants a buyer north of $1 billion after taking a swing and missing so much it practically knocked out a judge.

HP is reportedly one of the companies Humane is in talks with about a potential sale, with discussions starting just a week after the reviews were released. Any buyer who jumps at the chance to acquire Humane’s business and technology could be picking up a bit of a poisoned chalice. At least because the company called it this week signs customers to stop using AI Pin’s charging case possible “fire safety risk”.

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