{"id":"626ef695-3474-43ee-9a39-ed6564d774dc","slug":"hp-acquires-humane-2025","acquirerCompanyId":"ef9de1d0-ba26-491d-a453-950c417d5b29","acquiredCompanyId":"a3c878b7-ce08-4eee-8459-768acf5a90bb","acquirerName":"HP Inc.","acquiredName":null,"announcementDate":"2025-02-18T12:00:00.000Z","closeDate":"2025-02-28T12:00:00.000Z","status":"completed","structure":"asset_purchase","valuationUsd":"116000000","valuationBasis":"reported","summary":"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).","sources":[{"url":"https://www.hp.com/us-en/newsroom/press-releases/2025/hp-accelerates-ai-software-investments.html","title":"HP accelerates AI software investments (Humane acquisition)","sourceName":"HP (official)"},{"url":"https://techcrunch.com/2025/02/18/humanes-ai-pin-is-dead-as-hp-buys-startups-assets-for-116m/","title":"Humane's Ai Pin is dead as HP buys assets for $116M","sourceName":"TechCrunch"},{"url":"https://www.bloomberg.com/news/articles/2025-02-18/hp-116-million-deal-for-humane-includes-ip-but-no-ai-pin-device","title":"HP $116M deal for Humane includes IP but no Ai Pin device","sourceName":"Bloomberg"}],"verificationPosture":"verified","reviewStatus":"reviewed","createdAt":"2026-06-05T15:19:41.026Z","updatedAt":"2026-07-14T21:34:53.985Z","acquirerCompany":{"id":"ef9de1d0-ba26-491d-a453-950c417d5b29","slug":"hp-inc","name":"HP Inc."},"acquiredCompany":{"id":"a3c878b7-ce08-4eee-8459-768acf5a90bb","slug":"humane","name":"Humane"},"assets":[]}