By Connor Hart
HP inked a deal to buy certain artificial-intelligence assets from Humane for $116 million.
The computer and printer maker said Tuesday it will buy Humane's AI-powered platform Cosmos. The deal additionally includes more than 300 of Humane's patents and patent applications, as well as a group of engineers that would form HP's new AI-innovation lab.
Dubbed HP IQ, the AI lab will focus on building an intelligent ecosystem across HP's products and services for the future of work, the Palo Alto, Calif., company said.
"This investment will rapidly accelerate our ability to develop a new generation of devices that seamlessly orchestrate AI requests both locally and in the cloud," HP's President of Technology and Innovation Tuan Tran said.
The deal is expected to close at the end of the month.
Founded in 2018, Humane is a San Francisco company that provides professional, scientific and technical services.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 18, 2025 17:35 ET (22:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。