Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

Regulation D and savings account withdrawal limits – here’s what changed

June 1, 2025

Discover’s 5% Bonus Categories for Q3 2025: Gas, Transit, Utilities

June 1, 2025

Feeling left behind by the economy, younger Americans are charting a different course for building wealth — sometimes at their own risk

June 1, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Finance News»Chinese robot vacuum cleaner Roborock reveals AI-powered robotic arm
Finance News

Chinese robot vacuum cleaner Roborock reveals AI-powered robotic arm

January 5, 2025No Comments4 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Chinese robot vacuum cleaner Roborock reveals AI-powered robotic arm
Share
Facebook Twitter LinkedIn Pinterest Email

EMBARGOED TO 1AM SG MON JAN 6 / 9AM PST SUN JAN 5 2025

Beijing-based robot vacuum maker Roborock revealed a new model in January 2025 with an artificial intelligence-powered folding arm for removing obstacles.

CNBC | Evelyn Cheng

BEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that comes with a folding arm for removing socks and other obstacles — a feature powered by artificial intelligence.

It’s the latest step toward what Roborock President Quan Gang expects will be the inevitable: that robot vacuum cleaners become as essential as washing machines.

That’s something that could happen in as soon as three years, especially with the emergence of AI, Quan told CNBC in a late November interview. “If the era of AI flourishing has really arrived, I’m confident that robot vacuum cleaners will be the first category to apply AI,” he said in Mandarin, translated by CNBC.

Using AI that the company developed, the Roborock Saros Z70 can detect and remove obstructions such as socks, small towels, tissues and sandals weighing less than 300 grams (10.58 ounces), according to the company.

The Saros Z70 is set for release in major global markets in the first half of the year, but Roborock has yet to announce pricing. The product reveal comes ahead of the Consumer Electronics Show that kicks off Tuesday in Las Vegas.

Ever since Massachusetts-based iRobot launched its Roomba floor vacuuming robot in 2002, the circular machines have evolved to include mopping and the ability to automatically return to the charging base. Many companies, including several based in China, now sell robot vacuum cleaners.

See also  Chinese investment in the U.S. isn't likely to pick up under Trump

Beijing-based Roborock started selling to the U.S. in 2018, Quan said, noting that sales in the country didn’t start to take off until 2023. Roborock also sells its robot vacuums in countries such as Germany, China and South Korea, and makes sure to adhere to local data privacy rules, Quan said.

But robot vacuum penetration rates remain low — just over 10% in developed countries and single digits in developing countries, Quan said. He said that’s both a challenge and a potential for growth, which he expects can get a boost from the integration of artificial intelligence.

The Verge and Wired late last year both named different Roborock models the best robot vacuum available. But the machines aren’t cheap.

“Roborock’s S8 MaxV Ultra ($1,799.99) is an exceptional vacuum cleaner,” The Verge said, noting it is “the best model in the relatively new category of ‘hands-free’ robot vacs, bots that do virtually everything for you: empty their bins, refill their mop tanks, and clean and dry their mop pads.”

“Roborock invented this category with the S7 MaxV Ultra and has been steadily improving it,” The Verge said.

Wired selected Roborock’s Qrevo S, which sells for $800 on Amazon. The review highlighted the Qrevo’s lidar-based navigation and AI feature which enable the machine to distinguish between carpets and tiles for vacuuming or mopping, respectively.

Competition is fierce. CNET said two other companies’ robot vacuums tied for best of 2025, the $900 Ecovacs Deebot T30S Combo — which also has a self-emptying dustbin — and the $359 iRobot Roomba Combo J7 Plus.

See also  Chinese telecom giant Huawei revenue surges despite U.S. sanctions

Supporting an AI research lab

Shares of Shanghai-listed Roborock closed 2.6% higher Friday after reports emerged of the Saros Z70 and its robotic arm. The stock climbed 10.3% in 2024.

Operating revenue rose by 23.2% for the first three quarters of 2024 to 7 billion yuan ($960 million), with profit of 1.47 billion yuan. Roborock does not break out revenue by region.

Quan said that soon after Roborock’s founding in July 2014, the company sensed the importance of artificial intelligence and set up a dedicated lab in Shanghai and a research institute in Shenzhen. Each location houses around 30 researchers, who only need to focus on technology, in contrast to the product development team that must meet deadlines and consider profit, Quan said.

The next challenge is to expand the number of researchers to around 300 people, Quan said, noting it’s been hard to find qualified talent.

The company spent 9.1% of its operating revenue in the first three quarters of 2024 on research and development, according to CNBC calculations of public figures. That’s up from slightly more than 7% in each of the past three years, the data showed.

Roborock on Monday also announced updates to its washing machines, which can dry clothes in the same unit.

— CNBC’s Sonia Heng contributed to this report.

Source link

AIpowered arm Chinese cleaner reveals Roborock robot robotic vacuum
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleBuy, sell or hold? How to decide what to do with a plummeting stock
Next Article Can You Use Your 401(k) to Buy a House Without a Penalty?

Related Posts

How Trump ‘big beautiful’ tax bill could change in the Senate

June 1, 2025

Bitcoin ATM Scams Costing Americans More Than $114 Million

June 1, 2025

Investors are piling into big, short Treasury bets with Warren Buffett

June 1, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Principal & Interest vs Interest Only

March 30, 2025

U.S. Bank exec believed to have been killed in plane crash

March 31, 2025

What are sin stocks?

May 5, 2025
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

Regulation D and savings account withdrawal limits – here’s what changed

June 1, 2025

Discover’s 5% Bonus Categories for Q3 2025: Gas, Transit, Utilities

June 1, 2025

Feeling left behind by the economy, younger Americans are charting a different course for building wealth — sometimes at their own risk

June 1, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.