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HP to Acquire Humane AI Technology in $116 Million Deal
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HP to Acquire Humane AI Technology in $116 Million Deal
Feb 19, 2025 3:20 AM

05:46 AM EST, 02/19/2025 (MT Newswires) -- HP (HPQ) said late Tuesday it has agreed to acquire Humane's artificial intelligence platform Cosmos, along with relevant staff and roughly 300 patents, in a $116 million transaction expected to close by the end of February.

The company said the acquisition will help it develop AI-powered devices and expand AI integration across its product range, including PCs, printers, and collaboration tools.

Humane's staff will join HP and form a new AI-focused lab, HP IQ, aimed at advancing workplace technology, the company added.

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