# HP Inc. acquires Humane: acquisition

Canonical ID: `626ef695-3474-43ee-9a39-ed6564d774dc`

HP acquired Humane's Cosmos AI operating system, most of its technical talent, and its intellectual property (300+ patents and applications) for $116M, forming HP's new AI lab 'HP IQ'. Announced February 18, 2025 and completed at month-end. The deal explicitly excluded the Ai Pin hardware business, which was shut down (existing devices ceased core functionality February 28, 2025).

- **Structure:** asset purchase
- **Status:** completed
- **Valuation:** $116.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [HP Inc.](https://registry.deploy.report/companies/hp-inc.md)
- **Acquired:** [Humane](https://registry.deploy.report/companies/humane.md)

## Timeline

- **Announced:** 2025-02-18
- **Closed:** 2025-02-28

## Sources (3)

1. https://www.hp.com/us-en/newsroom/press-releases/2025/hp-accelerates-ai-software-investments.html
2. https://techcrunch.com/2025/02/18/humanes-ai-pin-is-dead-as-hp-buys-startups-assets-for-116m/
3. https://www.bloomberg.com/news/articles/2025-02-18/hp-116-million-deal-for-humane-includes-ip-but-no-ai-pin-device


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