MOUNTAIN VIEW, US: Google has unveiled a virtual home assistant device that will challenge Amazon Echo as the Internet giant laid out a future rich with artificial intelligence.
Google Home, about the size of a stout vase, will hit the market later this year, vice president of product management Mario Queiroz promised at the opening of the Internet giant’s annual developers conference in the Silicon Valley city of Mountain View.
Home devices will incorporate new Google virtual assistant software introduced by CEO Sundar Pichai.
“Our ability to do conversational understanding is far ahead of what other virtual assistants can do,” Pichai told a packed audience at the Shoreline Amphitheater, a venue known more for concerts than for gatherings of developers.
“We are an order of magnitude ahead of everyone else.”
Home devices combine machine learning, online search, voice recognition and more to allow people to get answers to questions, manage tasks, or control devices by speaking naturally, demonstrations showed.
“When I walk into my house, I should be able to interact with Google assistant hands free, using voice, without taking out my phone,” Queiroz said.
“Google Home will become more and more a control center for your whole home.”
Home will synch with Chromecast devices that allow remote control of televisions or stereo systems, and with “smart” devices made by Google-owned Nest and other companies, according to Queiroz.
“It’s like having a voice-controlled remote control to the real world whenever you need it,” he said.
He demonstrated Home answering homework questions, changing restaurant bookings, checking commute traffic, playing music selections and more.
“It is really exciting to see Google assistant come to life with Google Home,” Pichai said of the artificial intelligence capabilities being built into the company’s mobile offerings.
Google did not disclose pricing on Home devices.
When Home hits, it will challenge Amazon Echo voice-controlled assistants that have proven to be a hit since the Seattle-based online retail colossus unveiled them two years ago.
“Google Home could be a major force and could also dramatically decrease the sales potential of Amazon Echo,” said analyst Patrick Moorhead of Moor Insights and Strategy.
“The biggest sales determinant could be the quality of the AI (artificial intelligence) experience, and in the end, Google will likely win over Amazon.”
Google is building on advances in machine learning and artificial intelligence to transform established services such as online search into two-way conversations in which users can chat easily with software that understands what they want.
Due to advances in the ways machines can recognize objects and understand context in conversations, as well as what is being said, Google is transforming search into a dialogue instead of a one-sided delivery of query results, Search Engine Land founding editor Danny Sullivan said after the keynote.
“This really is a big deal. If you want to call it Google 2.0 that might be one way to think of it,” Sullivan said.
“So far, the big players here — Microsoft and Facebook — are making big promises. Now, Google is coming and saying they can do that.”
Microsoft has created Cortana artificial intelligence, while Facebook has been testing a virtual assistant called M in its popular Messenger application for smartphones.
And, Sullivan noted, instead of using a “bot” reference that has been applied to AI software programmed to interact like people, the California-based Internet veteran is branding it simply Google assistant.
Google also unveiled a smartphone messaging application infused with artificial intelligence as it moves to stay in tune with busy mobile Internet lifestyles.
“Allo” will be released later this year, along with the “Duo” application for video calls, Google engineering director Erik Kay told the conference in Mountain View.
“Allo is fast, smart and secure,” Kay said.
“It will be the first home for the Google assistant, bringing the richness of Google right into your chats,” he continued, referring to artificial intelligence capabilities being woven into the Internet giant’s offerings.
Many Internet companies are probing the possibilities of artificial intelligence — for example, smartphone applications that can learn a user’s habits and anticipate searches and requests.
Allo virtual assistants “understand your world” in ways that allow people to ask questions or give directives the same way one might speak with an aide, according to Kay.
Both applications, which will be free, are based on users’ mobile phone numbers.
Allo can suggest replies during text conversations, recognize contents of pictures and customize itself over time to how individuals express themselves.
Allo also allows for “incognito” chats that are encrypted end-to-end and users can have messages self-destruct after specified amounts of time.
Google virtual home assistant to challenge Amazon Echo
Google virtual home assistant to challenge Amazon Echo
The Family Office to host global investment summit in Saudi Arabia
RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.
The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.
The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.
Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.
Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.
The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.
The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.
With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.
The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.









