Humane, a former Silicon Valley buzzworthy AI hardware startup, announced its partial acquisition by HP for $116 million, less than half of the $240 million it raised in venture capital funding. Following the acquisition, some Humane employees received job offers with substantial pay increases, HP stock, and a bonus plan, while others, particularly those working on the AI Pin devices, were laid off. The acquisition highlights HP's interest in acquiring Humane's AI-focused software engineers. The new HP IQ unit will integrate artificial intelligence into HP's personal computers, printers, and connected conference rooms. Humane's AI operating system, CosmOS, will also be part of the new unit. The acquisition comes after Humane's AI Pin device received negative reviews and the company faced challenges, including a fire hazard issue with the device's charging case and the departure of its Head of Product Engineering.