Following their failure to sell their "Humane" product. - An Apple-connected couple plans to offload their hype business.
The debacle: the long-anticipated Humane item proved to be a massive failure!
The supposed "AI Button," which retailed for $699, made its debut in November. Upon delivery, it faced harsh feedback from testers - and one of the globe's most revered YouTubers even ranked it as the worst item he's ever assessed. The buzz: deflated.
► Rumors now circulate that the Humane company's creators are plotting to sell their business. The renowned corporate journal "Bloomberg" breaks the news, citing sources with knowledge of the matter.
It's said that the firm has been eyeing potential buyers. Estimated cost: somewhere between $750 million and $1 billion.
Apple is considering AI improvements as well
Could the competition have kept pace too rapidly? The reality is: per reports, Apple is undergoing significant changes. The tech goliath plans to present numerous fresh AI features for its operating system at the developer conference on June 10.
If this ensues, AI could suddenly be accessible on every iPhone. Perhaps even based on the celebrated ChatGPT AI model. Who'd purchase an added cyber brooch then?
The Humane founders crossed paths at Apple and are now married. Chaudhri was committed to Apple for a staggering 21 years - a long stretch in Silicon Valley. Bongiorno also had an extended eight-year arrangement.
HE had a hand in numerous Apple patents, such as the development of the iPhone's home screen and the iconic "slide to unlock" function on the first iPhones.
This was yet another factor why anticipation for "Humane" remained high for a while. But the "AI Button" fell short of meeting those expectations.
Read also:
Source: symclub.org