Samsung to launch AI digital assistant service for Galaxy S8
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Sunday it would launch an artificial intelligence digital assistant service for its upcoming Galaxy S8 smartphone, seeking to rebound from the Galaxy Note 7's collapse and differentiate its devices.
The world's top smartphone maker in October announced the acquisition of Viv Labs Inc, a firm run by a co-creator of Apple Inc's Siri voice assistant program. Samsung plans to integrate the San Jose-based company's AI platform, called Viv, into the Galaxy smartphones and expand voice-assistant services to home appliances and wearable technology devices.
Samsung is counting on the Galaxy S8 to help revive smartphone momentum after scrapping the fire-prone Galaxy Note 7, which will hit its profit by $5.4 billion over three quarters through the first quarter of 2017.
Investors and analysts say the Galaxy S8 must be a strong device in order for Samsung to win back customers and revive earnings momentum.
Samsung did not comment on what types of services would be offered through the AI assistant that will be launched on the Galaxy S8, which is expected to go on sale early next year. It said the AI assistant would allow customers to use third-party service seamlessly.
"Developers can attach and upload services to our agent," said Samsung Executive Vice President Rhee Injong during a briefing, referring to its AI assistant.
"Even if Samsung doesn't do anything on its own, the more services that get attached the smarter this agent will get, learn more new services and provide them to end-users with ease."
Technology firms are locked in an increasingly heated race to make AI good enough to let consumers interact with their devices more naturally, especially by voice.
Alphabet Inc's Google is widely considered to be the leader in AI, but others including Amazon.com, Apple and Microsoft Corp have launched their own offerings including voice-powered digital assistants.
Samsung also hopes to differentiate its devices, from phones to fridges, by incorporating AI. Competition from Google's new Pixel smartphones, armed with the U.S. firm's voice-powered digital assistant, adds to the urgency.
The South Korean firm has said it plans more acquisitions to bolster its AI and other software capabilities.
(Reporting by Se Young Lee and Nataly Pak; Editing by Andrew Hay and Adrian Croft)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sonoco (SON) Affirms FY16 Outlook; Guides FY17 EPS Below Views
- B&G Foods (BGS) Acquires Victoria Fine Foods for $70M
- Brean Capital Cuts Price Target on G-III Apparel Group (GIII) Following 3Q Miss
Create E-mail Alert Related CategoriesReuters
Related EntitiesEarnings, Definitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!