The Humane AI Pin, once touted as the future of artificial intelligence gadgets, has failed to deliver on its promises. The company behind the device, Humane, has announced that it is shutting down the AI Pin and selling its remnants to HP for a mere $116 million, a far cry from the $230 million it raised since its founding in 2018.

The news comes as a shock to the tech community, which had high hopes for the device that was supposed to revolutionize the way we interact with technology. However, the AI Pin's performance was marred by poor battery life, overheating issues, and a lack of features, leading to widespread criticism and disappointment.

Despite its sleek design and ambitious claims, the AI Pin was unable to live up to its hype. The device was criticized for its limited functionality, with many features promised during its TED Talk debut failing to materialize. The company's decision to delay the launch and ignore warnings from early testers only added to the device's woes.

The failure of the AI Pin is a significant blow to the tech industry, which had pinned its hopes on Humane to deliver a game-changing device. The company's founders, Bethany Bongiorno and Imran Chaudhri, have gone from celebrated Apple product makers to working on AI technology for HP's printers and conference room gadgets.

Customers who purchased the AI Pin are left with a $699 paperweight, as Humane is neither offering refunds outside the normal 90-day purchase window nor appears to have a plan to open-source or otherwise make available any of its software. The company's decision to shut down the AI Pin without providing adequate support or alternatives has left many feeling frustrated and abandoned.

The Humane AI Pin's failure serves as a cautionary tale for startups and tech companies alike. The company's overhyping of its product and failure to deliver on its promises have led to a loss of trust and credibility. The tech industry will be watching closely to see how HP integrates Humane's technology into its own products, but for now, the AI Pin remains a symbol of failed innovation.

In the end, the Humane AI Pin's demise is a reminder that even the most promising technology can fail to deliver without proper execution and attention to detail. As the tech industry continues to evolve, it's clear that companies must prioritize substance over hype and deliver on their promises to succeed.