China AI toys grow with Haivivi Ultraman, Chongker cat

Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about artificial intelligence these days — even Ultraman.  When asked if investors should be worried about an AI bubble, the new second-generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks. “The AI market has…

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Broadcom tumbles 11% after earnings as AI trade sells off

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom’s quarterly results and guidance sailed past Wall Street estimates. It didn’t matter. The chipmaker’s shares plummeted 11% on Friday, their worst day since January, as investors ran for the exits on the artificial intelligence trade. Oracle dropped 4.5% a day after plunging 10% following its earnings…

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