News

Samsung Unveils Multi-Functional AI Household Companion Robot

The innovative device is called Ballie, and can serve as a versatile pet feeder, projector, and smart home controller.

Published

5 months ago

February 20, 2024

Nour Nasir

Samsung

After seeing Samsung’s demonstration video of its AI robot, Ballie, viewers might initially feel perplexed by the concept rather than persuaded to buy. At first glance, the compact, yellow robot, resembling a yoga ball looks pretty cute. However, some viewers may start to feel uneasy after seeing it chase after household pets. Nonetheless, its capabilities to carry out pet feeding, serve as a portable projector, and take on smart home control duties suggest it could be a valuable addition to households, should it ever materialize in stores.

Samsung Electronics debuted the prototype of the robot back at the 2020 Consumer Electronics Show (CES), where it appeared as a small, tennis ball-sized device accompanying the company’s CEO, H.S. Kim. Back then, its interactions were limited to emitting pleasant chimes in response to certain commands. However, a newly upgraded version of the robot was recently showcased in a pre-CES 2024 video presentation.

The video showcased Ballie’s versatile projection capabilities, from entertaining pets with tailored videos to projecting video calls on various surfaces and assisting in fitness routines by displaying workout videos. Samsung has explained that Ballie has the ability to autonomously adjust projections based on distance and lighting conditions, touting it as the first projector capable of discerning human posture and facial orientations to optimize projection angles.

Also Read: UAE’s Yahsat Introduces Smartphone-To-Satellite Connectivity

Beyond its projection prowess, the video spotlighted Ballie’s role as a smart home assistant, managing household appliances such as lighting, air purifiers, and pet feeders while relaying user updates via text message. Its ability to follow users throughout the home gives the assistant droid and R2-D2-like quality, albeit without the iconic dome head and chirping soundtrack.

Despite the captivating presentation, Samsung has yet to offer information regarding Ballie’s availability and pricing. Unlike its live debut at CES 2020, the Korean tech giant opted for a video demonstration this time around.

Related Topics:Artificial Intelligence Robotics Samsung

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News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

2 days ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.