Humane, the secretive AI hardware startup founded by former Apple executives, laid off 10 employees this week, representing 4 percent of its workforce, as a cost-cutting measure ahead of the launch of its first product. The five-year-old company, which has raised over $200 million from prominent investors like OpenAI's Sam Altman, is preparing to ship its highly anticipated AI Pin in March. The $699 wearable device, positioned as a smartphone alternative, requires a monthly subscription. CEO Bethany Bongiorno described the layoffs as part of a strategic organizational refresh to align the company for its next growth phase as it transitions from a development startup to a commercial hardware entity.
