1984: Thread

grarpamp grarpamp at gmail.com
Sun Mar 12 17:20:13 PDT 2023


Secretive 'Wearable Camera' Startup With Ex-Apple Execs Secures $100
Million, Partners With OpenAI

WSJ reports that a new investment round of $100 million has been
secured by a secretive startup called Humane Inc., founded by ex-Apple
executives, along with a partnership with OpenAI, the creator of
ChatGPT. Although the startup's device is shrouded in mystery, it
seems to be developing a wearable camera powered by artificial
intelligence.

According to data pulled from Crunchbase, a Series C round of $100
million was raised on March 8. It attracted a long list of top
investors, including Kindred Ventures (which led the round), SK
Networks, LG Technology Ventures, Microsoft, Volvo Cars Tech Fund,
Tiger Global, Qualcomm Ventures, and OpenAI CEO and co-founder Sam
Altman.

"This Series C round presented an opportunity to raise money through
equity, and to bring on board great VCs and strategic partners who
would like to participate in equity as the company grows," founder
Chaudhri Bongiorno told TechCrunch in an email interview.

    "At Humane, we're building a first-of-its-kind device and services
platform — we're growing fast, and we've been focused on innovation,
research and development," he said.

According to The Verge, the startup is developing a wearable camera
device that would allow the user to have access to AI technology at
all times. It sounds like this is ChatGPT on steroids...

A leaked investor pitch deck from 2021 revealed by tech blog Daring
Fireball describes the device as a camera that "captures moments you
didn't think to capture" or "moments you want to recall."

The slide deck continues: The AI software with the wearable camera
will be able to create compositions of images and videos captured by
the device in different styles like a documentary, candid, landscape,
lifestyle, photojournalism, filmmaking, and sports.

The deck also said: "You can mark them [the photos and videos] by
tapping record, and those moments will be cued to be processed on the
server so you can recall them in different styles, either as images or
videos."

Users could have the ability to ask the device questions about their
surroundings, such as "What is the name of that building?" or "What
type of car is that?"

Other features include "Memory recall," "Senior monitoring," and even
"Personal live broadcasting."

The arrival of AI-powered wearable technologies has raised concerns
regarding privacy issues, given the nature of these intelligent
devices that constantly monitor our daily lives.


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