Cutting Edge: Meet Jibo the social robot! If you've ever dreamed of hanging out with R2-D2 and C3-PO, a Boston company has something you may be interested in! Share Shares Copy Link Copy

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WEBVTT M, OUR FRIEND , SHOWS US THE CUTTING TECHNOLOGY. MIKE MEET JIBO. : THIS LITTLE 11-INCH TALL BOT IS BEING HERALDED AS THE FIRST SOCIAL ROBOT . >> YOU GET SMARTER ABOUT YOU. WE CAN SEE CAN TELL YOU APART FROM OTHER PEOPLE IN YOUR FAMILY, HE STARTS TO BUILD A RAPPORT THAT IS DIFFERENT WITH EVERY MEMBER OF THE FAMILY. MIKE JIBO IS MORE THAN A FANCY : SMART PHONE. HE LEARNS AND DOES EVERYTHING WITH PERSONAILTY. HE, AND RIGHT NOW THERE'S ONLY A BOY VERSION, CAN READ A BOOK TO YOUR CHILDREN. CHECK ON AN OLDER PARENT, ANGELI REMIND THEM OF A DOCTOR'S APPOINTMENT. OR JUST GREET YOU AFTER A HARD DAY AT WORK. >> WELCOME HOME, ERIC. >> HE IS DESIGNED TO UNDERSTAND YOU AND PROVIDE YOU WITH INFORMATION, AND GET TO KNOW YOUR FAMILY. TO INTERACT WITH YOU IN A SOCIAL WAY. MY: -- MIKE EVEN BEFORE JIBO HAS : FINISHED TESTING, HE'S HOT. INVESTORS ARE EXCITED ABOUT THE POSSIBILITIES. >> WE DID 3 ROUNDS OF FUNDING THIS YEAR. PEOPLE REALLY BELIEVE IN THE PROMISE OF JIBO. I THINK INVESTORS HAVE FOUND IT WORTHY OF THEIR TIME AND MONEY. MIKE THE COMPANY HAS PRE SOLD : NEARLY $4 MILLION DOLLARS WORTH OF JIBOS THROUGH CROWD SOURCE CAMPAINGS. >> YOU GOT IT. MORE PHOTOS COMING UP. BIG SMILES DUDE. MIKE: IF ALL GOES AS PLANNED YOU , SHOULD BE ABLE TO BUY THIS LITTLE GUY IN TIME FOR HOLIDAY SHOPPING LATER THIS YEAR. THE EXACT PRICE HAS NOT BEEN DECIDED, BUT THE GOAL IS UNDER JIBO IS FULL OF INCREDIBLE $900. TECHNOLOGY AND ALL VERY USEFUL, BUT JIBO CAN ALSO HAVE A LITTLE BIT OF FUN. JIBO CAN YOU DANCE FOR ME? >> WELL, HERE IT GOES. MIKE: THE COMPANY HAD JUST NINE PEOPLE WORKING FOR IT A YEAR AGO. THEY HAVE 65 PEOPLE NOW AND , EXPECT TO DOUBLE IN SIZE IN THE NEXT YEAR. >> BOSTON AND SINCE CENTER FOR MORE ROBOTICS COMPANIES THAN ANYWHERE ELSE. THE CAMARADERIE IS QUITE HIGH. ED: I NOTICED YOU SAY CAN YOU DANCE FOR ME, NOT WITH ME? MIKE: HE REMINDS ME OF A PUPPY.

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