News Summary

Humane, a company that had raised over $230 million, has gone out of business and sold its assets to HP for $116 million. The acquisition includes Humane’s Cosmos operating system, technical talent, and intellectual property. HP plans to integrate the acquired technology into its devices, such as AI PCs, smart printers, and connected conference rooms. The Humane engineers will join HP’s new IQ innovation lab to develop new technology for the future of work.