AI-powered laundry-folding robot company has filed for bankruptcy

Seven Dreamers, the Japanese company behind the AI-powered laundry-folding robot Laundroid, has filed for bankruptcy. Backed by companies like Panasonic and Daiwa House, Laundroid had ambitious dreams to be the ultimate wardrobe organizer for the entire household. That’s how it was supposed to work in theory, anyway — when I tested it out at CES 2018 with my own T-shirt, the machine ate it up and Laundroid engineers had to work for about 15 minutes to pry it out.

Source: www.theverge.com