Humane's Daily Returns Outpace Sales
Revenue Falls Short, Product Performance Criticized
Humane, an AI startup, is experiencing more daily returns of its AI Pin than daily sales.
The Verge reports that between May and August, Humane saw a significant increase in returns. The 699-dollar Humane AI pin has received criticism for its poor performance, leading to a mere 9 million dollars in revenue compared to the hundreds of millions spent on its development, resulting in an estimated total loss of 1 million dollars.
Humane is struggling to stabilize and is scrambling to address the situation.
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