AI Start-up FoloToy Creating Smart, Multilingual Toys with Generative AI
• Start-up FoloToy using AI and generative models like ChatGPT to create smart, conversational toys • Created popular Alilo Honey Bunny toy that can have human-like conversations with children • Partnered with toymaker Yomiplanet to create Frank Murphy, an AI-powered toy figure that chats in 6 languages • Riding wave of interest in AI toys and devices following launch of ChatGPT • Challenge is finding sustainable business models to commercialize AI toys