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Business News Today: Latest Business News, Finance News

What an Oracle foretells about jobs and careers in the AI era Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Less engaged workforce Renewable energy ministry approves pilot CfD scheme Renewable components supply chained to imports TVS Motor bikes into global third spot Building Lalit hotels with emotion Plastic concerns Despite PFBR going critical, India is still a long way from thorium utilisation Oil-starved industry looks to reignite heat pumps Odisha central to our aluminium ambitions Q4FY26 preview: Muted quarter likely for Wipro as margins contract, growth stays tepid Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Alignment of average call rate with repo rate contingent on level of liquidity: RBI First edition of Indian Navy’s biannual Commanders’ Conference 2026 to start from Tuesday Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden India to defend its case in the US Section 301 probes this week K-shaped trend emerges in jewellery as premium demand stays resilient West Asia war spills over to cyberspace: Emails spoofed, cameras hacked Pakistan used Chinese CCTV networks to access Indian assets for potential strikes TN Assembly elections: Joseph Vijay promises ‘Citizen Privilege Card’, AI-led governance in TVK roadmap Carriers cut flights on cost pressures, uncertain demand Rethinking the way we decide Women voters powered high turnouts in Assam, Keralam and Puducherry polls Rising above life’s storms Why renewed politicking over Amravati can be detrimental to the economic interests of Andhra Pradesh? 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Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz AI to reduce uncertainties and expand opportunities - RBI DG From diesel to daylight: How government solar schemes are powering India’s farmers EAM Jaishankar meets members of Indian community in UAE 4 ways war in Iran has weakened United States in great power game Pick of BL commodities -April 12, 2026 Pharma and healthcare companies to face continued margin pressure: HDFC Securities Women's participation in flexi IT roles reaches 40% in FY26: Report The next energy leap: Replicating ethanol’s success in diesel The new gold rush: Why investors are moving from jewellery to digital How AWS, Microsoft, Google, Adani and Reliance are driving India’s data centre boom US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Markets’ dilemma: Trust the bark or wag of oil prices Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 The sector call illusion Tracing a Similar Path Insurance Query: Special Benefits For Women In Life Insurance Caplin Point: Consolidating before the next leg of growth Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? 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AI-driven homes set to become mainstream as connected living gains momentum
By ANI · 2026-06-12 · via Business News Today: Latest Business News, Finance News

As artificial intelligence increasingly becomes part of everyday life, LG Electronics has unveiled its vision for the future of smart homes, where AI-powered appliances, connected ecosystems and autonomous home robots work together to reduce household effort and deliver highly personalised living experiences.

In an exchange filing, the company said that on Thursday, it showcased its evolving AI Home ecosystem, which aims to transform homes from spaces filled with connected devices into intelligent environments capable of understanding user habits, anticipating needs and proactively managing daily tasks.

LG said the future home experience will be driven by what it calls "Affectionate Intelligence" -- an AI framework designed to learn household routines and provide seamless, customized assistance to consumers. According to the company, the AI Home ecosystem is being built around three key pillars: AI-powered appliances, ThinQ AI orchestration and autonomous home robots.

AI-enabled appliances are expected to play a central role in this transformation. Unlike traditional appliances that perform fixed functions, future AI-powered refrigerators, washing machines and air conditioners will be capable of learning user behaviour, optimising operations and delivering personalised care. For instance, AI-enabled refrigerators could automatically adjust cooling cycles based on household usage patterns to maintain food freshness while reducing energy consumption.

Similarly, washing machines equipped with advanced AI technologies can identify fabric types, load sizes and washing requirements to improve cleaning performance and efficiency. At the centre of the ecosystem is LG's ThinQ AI platform, which acts as the "brain" of the smart home. The platform coordinates devices, services and living spaces through generative AI capabilities, enabling homes to understand context, interpret natural conversations and automate multiple tasks with minimal user intervention.

The company outlined how its ThinQ platform has evolved from a simple remote-control application to an intelligent ecosystem capable of continuous software upgrades and predictive maintenance. Through over-the-air updates and data-driven insights, appliances can adapt to changing user preferences long after purchase. LG also highlighted the growing role of autonomous home robots in the future home environment.

Its recently unveiled AI-powered home robot, CLOiD, is designed to perform physical household chores while interacting with connected appliances. The robot can autonomously navigate homes and coordinate with other devices to complete tasks such as preparing laundry cycles or organising household routines before residents return home.

The company believes India is entering a phase of rapid appliance premiumization, driven by rising incomes, urbanisation and increasing demand for connected living solutions. "Today's Indian consumer is moving well beyond basic functionality; they are actively seeking intelligent, connected solutions that bring us closer to the ultimate vision of a 'Zero Labor Home' ecosystem," said Young Min Hwang, Vice President, Home Appliance Solution, LG Electronics India Limited.

LG added that its manufacturing facilities in India will support the rollout of next-generation AI-centric appliances, including washing machines, refrigerators, air conditioners and cooking systems, helping bring personalized AI Home experiences to Indian households.

Published on June 12, 2026