Humane Faces Crisis as AI Pin Returns Outpace Sales

The wearables startup struggles with poor reviews, technical issues, and mounting e-waste.

More units have been returned than sold since May, leaving only 7,000 devices in use.
Humane has accumulated over $1 million in returned products, which cannot be refurbished.
The AI Pin, priced at $700 with a $24 monthly subscription, received harsh criticism for performance issues.
Technical limitations with T-Mobile prevent the reassignment of returned devices.
The company is exploring acquisition options and seeking additional funding to stay afloat.