China, long one of the world’s largest toy manufacturers, is now embracing artificial intelligence as a natural next step. Under the leadership of Xi Jinping, the government is actively encouraging companies and consumers to integrate AI into business and everyday life, aiming to turn China into a global AI powerhouse, according to CNBC.
Haivivi, the company behind the AI-powered plush toy CocoMate, is just one of around 1,500 firms operating in China’s AI toy sector, a market valued at approximately $4 billion.
Read full article here: turnovernews.com
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Photo: The Boston Globe
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