Xiao-I Corporation - AIXI STOCK NEWS

Xiao-I (NASDAQ: AIXI) has successfully implemented an 8-million-HKD AI-powered HR system for a Hong Kong public sector client. The system, powered by the Hua Zang Large Language Model (LLM), streamlines HR operations including talent management, policy compliance, and employee engagement.

The solution demonstrates several key advantages: 40% faster deployment through pre-trained module libraries, cost-effective scalability without requiring expensive GPU clusters, transparent decision-making processes for regulatory compliance, and cross-industry adaptability. The system operates with high accuracy while minimizing computing resources and operational costs.

This successful deployment serves as a strategic milestone for Xiao-I's planned expansion into the U.S. market later this year, showcasing the company's Model-as-a-Service (MaaS) platform capabilities and its ability to deliver scalable AI solutions across different sectors.

Xiao-I (NASDAQ: AIXI) has responded to recent 'DeepSeek' developments by highlighting its established expertise in reinforcement learning (RL) technology integrated into its Hua Zang Large Language Model (LLM). The company emphasizes its cost-effective approach, which reduces both licensing and hardware expenses while maintaining high performance.

The Hua Zang LLM features proprietary RL techniques developed through years of R&D, enabling efficient deployment with minimal infrastructure requirements. The system has already demonstrated success in projects like HR digitization for a Hong Kong government entity.

Key advantages of Hua Zang LLM include an efficient RL framework optimizing training times, scalable infrastructure that doesn't require extensive GPU clusters, and flexible licensing models. Following its success in Asia, Xiao-I has announced plans to expand its enterprise LLM solutions into the United States market.

Xiao-I (NASDAQ: AIXI) has announced significant progress in its U.S. expansion efforts. The company has been invited to register for centralized procurement programs by key U.S. clients, marking an important milestone in its overseas growth strategy. The company's AI-powered glasses, launched in August, have received strong market acceptance. Xiao-I projects delivery of at least 10,000 units in 2025, expecting to generate $12-15 million in new revenue. The AI glasses are designed to bridge communication gaps and provide support for underserved individuals and families.

Xiao-I (NASDAQ: AIXI) has announced a strategic partnership with Deafopia, a nonprofit organization supporting deaf and hard-of-hearing communities. Through this collaboration, Deafopia will manage market outreach and expand distribution channels for Xiao-I's new AI hardware products, particularly targeting deaf schools and government facilities. The partnership includes product promotion at trade shows, community events, and digital platforms. The AI hardware is specifically designed to enhance accessibility and communication solutions for individuals with hearing impairments.

Xiao-I (NASDAQ: AIXI) has secured a strategic agreement with a Hong Kong public sector client, expected to generate initial revenue of 8 million HKD. The company will implement its HuaZang Large Language Model (LLM) powered Chatbot to enhance the client's HR operations. The AI solution will handle personnel inquiries, automate HR processes including onboarding, housing benefits, provident fund management, and compensation inquiries. The agreement follows a recurring revenue structure under Xiao-I's Model-as-a-Service (MaaS) framework, positioning the company as a long-term strategic partner.

Xiao-I (NASDAQ: AIXI) provided an update on its VIE's patent infringement lawsuit against Apple. The Shanghai High People's Court held its second hearing session on November 1, 2024, with representatives from both parties present. The trial phase concluded on July 31, 2024, and parties await the Court's final ruling. While Xiao-I remains confident in its case, which involves AI technology intellectual property claims, the company acknowledges the inherent uncertainty of the lawsuit's outcome and potential financial compensation.

Xiao-I (NASDAQ: AIXI) has provided an update on its VIE's ongoing patent infringement lawsuit against Apple. The lawsuit, which alleges that Apple infringed on VIE's artificial intelligence technology intellectual property, has reached a new phase in legal proceedings. On September 24, 2024, the Shanghai High People's Court held a hearing on the case, with both VIE's and Apple's legal teams in attendance.

The trial phase of the lawsuit concluded on July 31, 2024, and the parties are currently awaiting the Court's final ruling. Xiao-I has committed to keeping shareholders and the public informed about important developments in this legal dispute.

Xiao-I (NASDAQ: AIXI) has renewed and expanded its partnership with Inner Mongolia Yili Industrial Group Co., (A Share:600887), transitioning to a subscription-based model for AI services. This shift to a Model as a Service (MaaS) approach is expected to enhance service delivery, operational efficiency, and contribute to Xiao-I's long-term financial stability. The upgraded platform, powered by Xiao-I's Hua Zang large language model, will improve Yili's customer service capabilities across its diverse product lines. This partnership renewal highlights the growing trend in the AI industry towards more flexible and scalable solutions, potentially leading to stronger customer retention and improved cash flow predictability for Xiao-I.

Xiao-I (NASDAQ: AIXI), a leading artificial intelligence company, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received a written notice from Nasdaq on September 9, 2024, confirming its adherence to Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market.

Previously, on July 11, 2024, Xiao-I was notified of its failure to maintain a $1.00 minimum closing bid price for its American Depositary Share (ADS) over 30 consecutive business days. The company was given a compliance period to meet this requirement. Xiao-I has now maintained a closing bid price of $1.00 or more for 10 consecutive business days, from August 23 to September 8, 2024, satisfying Nasdaq's conditions. As a result, Nasdaq has closed the matter, confirming Xiao-I's compliance with listing rules.