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Engadget
27 minutes ago
- Engadget
Apple's 'tabletop robot' companion rumored for 2027 launch
Apple is still hard at work on becoming a relevant player in AI. The latest missive from Mark Gurman at Bloomberg suggests that Apple is shifting its artificial intelligence goals to center on new device segments. Sources reportedly told the publication that Apple has a slate of new smart home products in the works that could help pivot its lagging AI strategy. The center of the new lineup is a tabletop AI companion that has been described as an iPad on a movable robotic arm. It would be able to swivel to face the screen toward a user as they move around their home or office. Sources said the current prototype uses a horizontal display that's about seven inches while the motorized arm can move the screen about six inches away from the base in any direction. Equipped with a long-promised overhaul to the Siri voice assistant, this device could act like an additional person, recalling information, making suggestions and participating in conversations. According to Bloomberg , Apple is targeting a 2027 release for this product. Apple's new lineup is also rumored to include a smart home hub that is a simpler version of the robotic friend with no moving stand. We might be seeing this sooner, with a projected 2026 release for the device. This hub device would be able to control music playback, take notes, browse the web and host videoconferencing. Both the robot companion and the smart home hub are reportedly running a new operating system called Charismatic that's designed to support multiple users. The Siri running on the device will be given a particularly cheery personality, and it may also be getting a visual representation. Bloomberg 's sources said there hasn't been a final decision on aesthetics; internal tests have had Siri looking like an animated Finder icon and like a Memoji. Today's scuttlebutt follows on previous reports from Gurman that pointed to Apple's interest in these categories. The idea of a smart home hub was apparently floated at the company as far back as 2022, and it's finally being rumored to have a formal debut some time this year. Robots have also been a topic of interest in Cupertino for some time, with claims that Apple was developing a personal robot dating back at least to last spring . While this Bloomberg piece offers more detail about those hypothetical plans, there's always a chance Apple will change direction or scrap a project.
Bloomberg
28 minutes ago
- Bloomberg
Dow Rallies, S&P Hits Another Record High
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Bloomberg
28 minutes ago
- Bloomberg
Stock Movers: Paramount, Bullish, Cisco
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec. - Paramount Skydance (PSKY) shares climbed in trading today adding to Tuesday's 8.4% advance and making it one of today's top performers in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global's merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11, Paramount said it has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US from TKO Group in a $7.7 billion, seven-year deal. - Bullish (BLSH) shares jumped 132% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. The IPO was more than 20 times oversubscribed, people familiar with the matter have said. Bullish, which counts former New York Stock Exchange president Tom Farley as its Chief Executive Officer, offers crypto spot trading, margin trading and derivatives trading, with a focus on institutional investors, the filing shows. Its margin and derivatives products aren't currently available in the US or to US users. - Cisco (CSCO) the largest maker of machines that run computer networks and the internet, gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that's roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we're looking for more than $61 billion.
