Amazon Working On Alexa Powered Robot Codenamed 'Vesta'

One year after ICO mania these big-money projects are delivering

What is a secret, is that Amazon is working on a home robot, according to Bloomberg.

Bloomberg reports that the project has been internally codenamed "Vesta" and it's being developed by Lab126, the hardware R&D team that also came up with the Fire Phone, the Kindle, and the Amazon Echo.

THE Vesta project was originated a few years ago and it started taking shape from now-onward.

While the project has reportedly been in the works for years, Amazon appears to be hiring more employees for Lab126 to focus on robotics.

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Though Bloomberg received no clear indication of what the robots will do, the publication's sources say the Vesta could be a mobile Alexa, following users around.

Amazon is reportedly plotting to launch a series of home robots and although it's unclear what these domestic helpers would do the one certainty is that the company already has the software stack in place to make the project a success.

It's not clear what kind of home robots Amazon is believed to be working on, but sources said they will be different from the ones designed by Amazon's subsidiary in MA and Germany, called Amazon Robotics. No information on pricing so far. You can just plug more of those in around the house.

What are the different tasks that the Robot will perform?

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Amazon is rumored to be developing a robot for the home, akin to an "Alexa on wheels".

Amazon now uses robots in its product warehouses, though obviously Vesta bot would be specialized to operate in the home. The company's shares fell as much as 8.6 percent on Monday, the biggest intraday decline since early February. LG is even getting in on the action, having demonstrated its own CLOi bot, which unfortunately failed several times to respond to its human counterpart.

On the other hand, Sony showed off a new version of its robotic dog called Aibo. It also appointed Max Paley, a former Apple Inc. vice president of engineering, to lead the development of computer vision software for the robot.

The consumer robot market will be worth about $15 billion a year by 2023, according to an estimate from Research and Markets, which would be up from about $5.4 billion this year.

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