Posted 1/10/2024, 10:33:44 PM
Hyped AI Startup Humane Lays Off 10 Before Shipping First Product
- Humane, a hyped "AI Pin" startup, announced layoffs before its product has even shipped
- The layoffs affected 10 people, about 4% of its workforce, with budgets being cut this year
- The company claims it's not layoffs but a "restructuring," trying to redirect efforts while still hiring
- Humane raised $200 million in funding for its AI Pin, which diverges radically from typical device designs
- It's uncertain whether the AI Pin will succeed given its unusual form factor and some apparent compromises