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HP Acquires Humane AI Platform for $116 Million USD
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2 years ago

HP Acquires Humane AI Platform for $116 Million USD

Global

News Summary

HP has acquired the AI platform Cosmos from Humane for $116 million USD, marking a significant move in the AI sector. This acquisition includes Humane’s AI platform, its engineering team, and over 300 patents. The goal is to integrate AI across HP’s suite of products, including computers, printers, and smart conference rooms. Tuan Tran, President of Technology and Innovation at HP, highlighted the potential to create an intelligent ecosystem across all HP devices. Co-founders of Humane, Bethany Bongiorno and Imran Chaudhri, expressed enthusiasm about joining HP, emphasizing the combined potential of HP’s global reach and Humane’s design-led approach to redefine workforce productivity.

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HP Acquires Humane AI Pin Tech for Cool $116 Million USD • iPhone in Canada Blog

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