<ul><li>HP is acquiring parts of Humane, a start-up behind the Ai Pin device, for $116 million.</li><li>HP plans to acquire Humane's A.I. capabilities, including software platform, intellectual property, patents, and some employees.</li><li>Humane's Ai Pin device, which aimed to replace smartphones, will be shut down.</li><li>Humane raised $240 million in funding, but its product received negative reviews and failed to meet sales targets.</li></ul>

HP to Buy Humane, Maker of the Ai Pin, for $116 Million

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