Humane Reduces AI Pin Price to $499 Following Poor Sales

Humane Reduces AI Pin Price: A Bold Move to Boost Sales

In a significant turn of events, Humane has announced a price drop of $200 on its AI Pin, aiming to revive the AI gadget's disappointing sales performance. Initially launched at $699 earlier this year, the new starting price is now set at $499.

What’s New in the AI Pin?

The latest version available at the reduced price is the “eclipse” model, featuring a sleek matte black anodized aluminum finish. However, it’s important to note that this version does not include an extra battery or charging case. This decision stems from previous warnings issued by the company regarding potential fire hazards linked to certain battery cells from a supplier.

Subscription and Additional Costs

Despite the tempting price tag, buyers should be aware that owning an AI Pin entails a monthly subscription fee of $24. Additionally, an extra battery can be purchased separately for $69, which may be essential for users who require extended usage.

The Struggles of the AI Pin

The launch of the AI Pin was met with lackluster reviews, raising concerns about its acceptance in the market. Since then, Humane has been working on software updates—including enhancements to its CosmOS platform—to introduce much-needed features like timers. Nevertheless, the AI Pin has encountered significant challenges in gaining traction, with reports indicating that returns sometimes outnumbered sales.

Available Models and Future Prospects

While the eclipse model is the focus now, Humane also offers the “lunar” and “equinox” models of the AI Pin. Both models feature polished aluminum and are priced at $799 as part of a “complete system”. However, these models are currently sold out, indicating a potential interest that Humane may be eager to tap into.

Conclusion

The reduction of the AI Pin’s price could potentially stimulate sales and attract consumers who were previously deterred by the high cost. As updates continue to enhance the functionality of the device, it remains to be seen whether this strategy will successfully reposition the AI Pin in the competitive tech landscape.

Key Takeaways

• Price drop from $699 to $499 for the AI Pin’s eclipse model.
• Warning issued regarding fire hazards associated with certain battery cells.
• Subscription fee of $24 per month required for full functionality.
• Poor reviews and high return rates challenge the product's success.
• Additional models available at $799, currently sold out.