Tokyo venture's laundry-folding robot will set you back about ¥2 million

A Tokyo-based venture firm has started accepting orders for a laundry-folding robot to be priced at around ¥2 million. Seven Dreamers Laboratories Inc. said the refrigerator-size robot named "Laundroid" uses image analysis and artificial intelligence to recognizes the shape and type of clothing and then folds clothes with its built-in arms accordingly. The model is 2.2 meters high, 87 cm high and 63 cm in depth. Its surface includes tempered glass on the front and wooden panels on the sides, giving it the appearance of a piece of furniture. All users have to do is throw dry clothes into a opened drawer in the lowest part of the machine and the robot will do the rest.