this post was submitted on 07 Jun 2024
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510
Humane is said to be seeking a $1 billion buyout after only 10,000 orders of its terrible AI Pin (www.engadget.com)
submitted 5 months ago by thehatfox@lemmy.world to c/technology@lemmy.world
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[–] HootinNHollerin@lemmy.world 79 points 5 months ago* (last edited 5 months ago) (6 children)

ask for 1B valuation with only ~7M in sales + ~240k/mo subscription revenue… hmmmm gonna be a no for me Dogg

[–] WhatAmLemmy@lemmy.world 62 points 5 months ago* (last edited 5 months ago) (2 children)

The entire company was a pump and dump scheme. They're gonna continue the pump until dump or bankruptcy.

[–] Natanael@slrpnk.net 1 points 5 months ago* (last edited 5 months ago) (1 children)

~~Extremely expected for a company that used to be all on in NFTs~~

[–] shakcked@lemm.ee 19 points 5 months ago

That's Rabbit not Humane AI. These two clowns came from Apple and started Humane

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