Widespread Utilization of AI Technology Continues with Households – PR Newswire

September 12, 2022 by No Comments

FinancialBuzz.com News Commentary

NEW YORK, Sept. 12, 2022 /PRNewswire/ — Artificial intelligence is becoming more prevalent in households around the globe. According to AI Magazine, AI tech is already being used around the home in a variety of ways, including in products such as Smart Home Devices, Smart Locks, Remote Vacuum Cleaners as well as Virtual and Augmented Reality. These devices can be programmed to perform various functions: the robot vacuum for example, can be programmed to complete their cleaning tasks and navigation routes around the home. Smart vacuum cleaners need little to no assistance and some brands are even capable of emptying themselves. Additionally, the smart speaker technology has become quite prevalent in homes over the last several years. For instance, Amazon’s Alexa and Google Home have accounted for the majority of the market share of the smart speaker segment in recent years. E-Home Household Service Holdings Limited (NASDAQ: EJH), iRobot Corp. (NASDAQ: IRBT), Amazon.com, Inc. (NASDAQ: AMZN), NVIDIA Corporation (NASDAQ: NVDA), Alphabet Inc. (NASDAQ: GOOG)  

Moreover, the increased implementation of AI and automation in household equipment has led to even more growth in the domestic robot market. For example, with the increasing development in machine vision cameras, companies are now utilizing 2D and 3D machine vision cameras with AI technologies to effectively map edges of the floor, such as a staircase, and to recognize obstacles, such as dustbins, and cables, doorsills, and rugs. For instance, Xiaomi CyberDog is a quadruped robot capable of moving as fast as 3.2 meters per second. It is capable of object motion tracking, creating real-time maps, avoiding obstacles as it moves, and is powered by Nvidia’s Jetson Xavier AI platform.

E-Home Household Service Holdings Limited (NASDAQ: EJH) announced yesterday breaking news that, “it has begun development of BAO TAO, a proprietary all-in-one home services tool meant to simplify daily household management.

BAO TAO is the result of E-Home leveraging its recently acquired Chuangying Business Technology Co.’s technological knowhow to modernize and expand access to household services. The new application seeks to redefine the Company’s approach to AI technology in enterprise and household cleaning as well as waste and inventory management. BAO TAO helps keep track of office and cleaning supplies and offers a seamless solution for scheduling maintenance, repair or housekeeping requests.

The tool could be installed anywhere in the home or office and is operated using voice command, ensuring widespread compatibility and ease of use. Elegantly designed, BAO TAO fits with any décor and needs only Wi-Fi to operate.

Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: “Technology moves fast and all of us at E-Home understand how important it is to stay up to date. Companies like Amazon and Google have shown us that smart devices such as Alexa can be instrumental in changing the way we approach home and office management. This is why it is a great pleasure to announce BAO TAO, a tool that helps push E-Home to the forefront of household management and allows us to offer unparalleled service to customers. BAO TAO is easy to integrate, can be operated solely by voice command and could be utilized in a variety of settings, such as the home and office.”

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Source: https://www.prnewswire.com/news-releases/widespread-utilization-of-ai-technology-continues-with-households-301621784.html


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