Why More Companies are Entering Smart Assistant Space
The International Consumer Electronics Show kicks off this week in Las Vegas, NV. CNET's Senior Editor Dan Ackerman explains the trends he's watching for this year.
When looking specifically at smart home devices, Ackerman says companies are taking the technology behind smart assistants and building them into anything you can possibly think of. Notably, LG is building Alexa and Google Assistant into its OLED TV's. Ackerman says consumers can also expect smart assistants integrated into your laptops.
"It's a race to see who can get their smart assistant into as many products as possible," said Ackerman. While the hardware business is becoming increasingly competitive, Ackerman says there's real opportunity in building software.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
