Market Chatter: Apple Set to Enter Smart-Home Hub Market With AI-Powered Device

MT Newswires Live
Yesterday

Apple (AAPL) is set to launch its first smart-home hub on Oct. 13, along with an updated HomePod mini and Apple TV set-top box, Bloomberg reported Wednesday.

The smart-home hub, code-named J490, will feature a roughly 6-inch display, AI-powered Siri and personalized controls, while supporting device management, video calls, music and photos, the report said.

The new HomePod mini and Apple TV will retain their designs with faster processors to support Siri's AI models, while Apple is developing a security camera and an upgraded hub with a larger display and robotic arm, the report said.

Apple did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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