Humane's Ai Pin is about to become an expensive brick, with the startup set to discontinue service less than a year after the wearable AI gadget began shipping. It seems the fairy tale is over, and they can no longer deny that their golden carriage is actually a rotting pumpkin.

Humane today informed customers that it is discontinuing its $700 Ai Pin at the end of February, with the device set to be taken offline

HP is acquiring Humane for $116 million, but the deal excludes the company’s AI wearable business. Instead, HP will gain access to the company's intellectual property, talent, and CosmOS.