Somnox robot "breathes" to help people fall asleep. The company's founder Julian Jagtenberg explains how this product works, and its plans to enter the U.S. market.
"This is the world's first sleep robot," says Jagtenberg. "It's like a teddy bear for adults." The robot provides soothing audio like a heartbeat to help people meditate and fall asleep. Jagtenberg says his company is pioneering the future of sleep.
Jagtenberg says he hopes this robot helps people with sleep problems without the need of medication. Somnox will be at CES 2018 to offer a 'hand's on' look at this sleep technology. Somnox has raised 200,000 Euros through Kickstarter.
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.
Even after inflation has steadily eased this year, the Federal Reserve's policymakers still think prices are rising too fast and are almost certain to lift their key interest rate by a quarter-point on Wednesday.
