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Struggling startup Humane announced on Wednesday that it has reduced the price of its flagship product, Ai Pin, by $200. Reportedly, the Bay Area startup founded by two former Apple executives has been struggling to sell the product, which was launched in April at a price of $700. The new price is $499, which includes the first month of the Humane Plan. The company also emphasized its return policy, offering a 90-day return period to make consumers feel risk-free. However, critics have not reacted positively to the device.

SK Telecom becomes the exclusive telecommunications partner for Ai Pin in South Korea. Humane's AI technology and CosmOS system authorize Ai Pin's wearable artificial intelligence devices to achieve a palm projection interface. The first batch of Ai Pin products is expected to be delivered in mid-April.

A.I. company Humane, backed by Sam Altman, plans to release the AI Pin, a wearable device based on ChatGPT technology, in March 2024. The AI Pin aims to reduce dependence on smartphones and features a laser projector that turns your palm into a small screen, displaying time, date, and other notifications. The device also offers real-time translation and supports multiple languages, priced at $699.