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Humane, a startup founded by former Apple employees, said on Wednesday it has raised $100 million (roughly Rs. 800 crore) and will release its first products this spring.The company, founded in 2018 by Imran Chaudhri and Bethany Bongiorno, has now raised $241 million (roughly Rs. 2,000 crore) but has yet to disclose what it is building, saying only that it is a “software platform and consumer device built from the ground up for artificial intelligence.”A video posted by the company and patent filings suggest that a wearable device will project information onto the real world and allow users to manipulate that information with their hands.Humane also said that it is collaborating with OpenAI, the creator of AI products such as ChatGPT that can generate human-like conversational text and Dall-E that can generate images, to integrate OpenAI’s technology into Humane’s device.Sam Altman, OpenAI’s founder and a previous Humane investor, participated in funding round on Wednesday, the company said.Humane also said that Microsoft, which has built a massive cloud computing infrastructure specifically for AI, took part in the funding round.Humane said it will partner with Microsoft’s cloud to bring Humane’s software services platform to market.”Our products are built on an integrated device and cloud platform that will allow us, and others, to create AI-driven experiences that feel natural, fun and needed,” Patrick Gates, another Apple veteran who is Humane’s chief technology officer, said in a statement.Humane also said that it is working with Korean electronics giant LG Electronics “on potential (research and development) projects for the next phase of Humane products” and with Volvo Car’s Tech Fund on “a potential future collaboration which would be the first example of Humane’s offering being applied to the automotive industry.”© Thomson Reuters 2023 After facing headwinds in India last year, Xiaomi is all set to take on the competition in 2023. What are the company’s plans for its wide product portfolio and its Make in India commitment in the country? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.Affiliate links may be automatically generated – see our ethics statement for details.

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