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Humane, a startup founded by former Apple employees, has unveiled its $700 AI Pin, a wearable device designed to replace smartphones. The device, which features a 'laser ink display,' is powered by OpenAI and Microsoft technologies. It allows users to interact through voice, hand gestures, and taps, serving as a virtual assistant. The company has announced that orders will start next week, with shipping scheduled for early next year. The device has sparked discussions about its potential to revolutionize communication and compete with existing tech products.