Haivivi introduces Bubblepal, an AI toy, raising concerns about an AI bubble. Chinese companies like Haivivi and Chongker are leading the way in the $4 billion AI toy industry. Chongker’s AI cat offers comfort with voice recognition and a simulated heartbeat for bonding. Keyi Tech’s Loona AI puppy is an energetic, interactive robot pet.

While AI toys are fascinating, they pose risks, especially to young children. Public Interest Research Group warns that AI toys may share inappropriate information and raise privacy concerns. Toy companies are working to create safeguards. Haivivi’s CocoMate plush toys, like Ultraman, allow parents to access transcripts of conversations for monitoring.

As China aims to become an AI powerhouse, the AI toy industry is booming. Companies like Haivivi and Chongker are innovating with AI-powered plush toys and robot pets. However, concerns about the impact of AI toys on children’s development and safety persist. Parents are encouraged to monitor their children’s interactions with AI toys closely.

Read more at CNBC: China AI toys grow with Haivivi Ultraman, Chongker cat