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Sara: Saudi Arabia's First Interactive Robot

Saudi Arabia unveils its first interactive robot at LEAP 2023. (Asharq Al-Awsat)
Saudi Arabia unveils its first interactive robot at LEAP 2023. (Asharq Al-Awsat)
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Sara: Saudi Arabia's First Interactive Robot

Saudi Arabia unveils its first interactive robot at LEAP 2023. (Asharq Al-Awsat)
Saudi Arabia unveils its first interactive robot at LEAP 2023. (Asharq Al-Awsat)

Sara, Saudi Arabia's first interactive robot, welcomed attendees at LEAP 2023 conference, which was launched in Riyadh on Monday.

Sara was manufactured in cooperation between Saudi Digital and Qss Company. It can communicate with all visitors, interact with them, perform popular dance moves, and respond to visitors' inquiries.

The robot boasts a camera that works with artificial intelligence, can recognize the distance of people standing in front of it and starts dialogue after a visitor addresses it with the phrase "Hello Sara."

It also contains a pre-trained model that recognizes different Saudi dialects, analyses and understands sentences, then provides the appropriate answer and sends it in text.

The second edition of Leap 2023 was launched at the Riyadh Exhibition and Convention Center under the theme "Towards New Horizons."

LEAP was organized by the Ministry of Communications and Information Technology in conjunction with Tahaluf, a strategic joint venture co-owned by Informa PLC and the Saudi Federation for Cyber Security and Programming (SAFCSP).

It aims to consolidate and strengthen the Kingdom's advanced position as a hub for technology and innovation in the region.

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Apple Shares Fall as Tariff Costs to Add More Agony

FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo
FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo
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Apple Shares Fall as Tariff Costs to Add More Agony

FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo
FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo

Apple shares fell nearly 3% on Friday after the iPhone maker trimmed its share buyback program and CEO Tim Cook warned of additional tariff-related costs of about $900 million this quarter amid a raging Sino-US trade war.
The Cupertino, California-based company that makes over 90% of its products in China said it plans to shift production of iPhones to India to minimize the impact of President Donald Trump's trade war.
"It looks like Apple is progressing faster than expected with its move to shift production of US phones into the region (India)," said Matt Britzman, senior equity analyst at Hargreaves Lansdown.
Analysts at Wedbush echoed this view, referring to India as Apple's "life raft supply chain" as the company navigates through tariff turbulence.
Cook outlined how Apple has started to build up a stockpile of products so that the majority of its devices sold in the US this quarter will not come from China.
“Tim Cook did his best to reassure investors on last night’s earnings call, but many likely came away still wanting more clarity about what lies beyond June," Matt said, adding that the $900 million hit to profit turned out to be smaller than many had feared.
Apple, which has been grappling with increased competition in key market China from rivals like Huawei due to slower rollouts of AI features, was already in troubled waters before the tariffs hit.
"The question for investors is what can replace China for Apple? This is not an easy question to answer and could threaten the long-term trajectory of Apple’s growth plan," said Kathleen Brooks, research director at XTB.
Despite electronics being exempted from US.President Donald Trump's slew of import tariffs so far, Washington has signaled that some levies could be imposed in the coming weeks.
Big Tech peers Alphabet, Microsoft and Meta Platforms beat quarterly estimates aided by artificial intelligence, while Amazon.com's cloud revenue growth fell short of revenue expectations.
These results were in stark contrast to dour forecasts from consumer electronics companies that are more exposed to tightening consumer budgets - chipmakers Qualcomm, Samsung Electronics, and Intel.
Apple shares lost about 15% so far this year. That compares with a 2.3% fall in Meta, and a nearly 1% rise in Microsoft.
Apple's 12-month forward price-to-earnings ratio is 27.63, compared with Microsoft's 28.64 and Meta's 21.48.