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XIAO-I Corporation American Depositary Shares - AIXI STOCK NEWS

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XIAO-I Corporation (NASDAQ: AIXI) is a leading cognitive artificial intelligence (AI) enterprise based in China, dedicated to the development and commercialization of AI technologies. Founded in 2001, the company has established itself as a pioneer in AI, focusing on natural language processing (NLP), speech processing, computer vision, machine learning, affective computing, data intelligence, and hyper-automation.

Xiao-I's core offering is its AI Cognitive Intelligence Platform, which integrates these advanced technologies to create innovative solutions across various industries. The company serves diverse fields including AI+ Contact Center, AI+ Finance, AI+ City Public Service, AI+ Architecture, AI+ Metaverse, AI+ Manufacturing, and AI+ Healthcare.

Recent collaborations highlight Xiao-I's commitment to advancing AI applications. For instance, its strategic partnership with Nexify Limited led to the successful implementation of the Hua Zang Universal Large Language Model (LLM) for large-scale civic hearings, enhancing user engagement and information analysis. Another notable project is the launch of Hearview, AI-empowered glasses aimed at improving communication for the deaf community by converting spoken words into text displayed on the lenses.

The company also partnered with a major Chinese bank's credit card center to deploy its Smart Coach system, revolutionizing customer service training through advanced AI-driven methodologies. This collaboration underscores Xiao-I's role in enhancing operational efficiency and service quality in the financial sector.

Xiao-I continues to innovate with its AI-driven knowledge management systems, partnering with a leading telecommunications company and a global health technology firm to streamline information management and improve operational efficiencies. The company's solutions support intelligent knowledge operations, multi-language processing, and real-time updates, ensuring that clients maintain a competitive edge.

Moreover, Xiao-I's AI solutions are transforming e-commerce customer service. Through partnerships with global e-commerce giants, the company introduced Smart Outbound Call and Smart Interactive Voice Response (IVR) systems, significantly enhancing customer interaction and reducing operational costs.

As part of its strategic expansion into the B2C market, Xiao-I launched three innovative AI-powered products in May 2024: Try on Today (TOTD) for virtual fashion try-ons, Daily Invest Focus (DIF) for individual investment insights, and Hearview for the deaf community.

With a strong foundation in AI research and development, Xiao-I is poised to continue leading the global AI industry, driving industrial digitization, intelligent upgrading, and transformation. For more information, please visit www.xiaoi.com.

Rhea-AI Summary

Xiao-I introduces TOTD, an AI-powered outfit-changing software, revolutionizing the fashion industry. TOTD offers a true-to-life fashion experience for online fashion shoppers, budding fashion designers, creative artists, live streamers, audiences, and designer brands. It stands out with instant generation capabilities, zero manual post-editing, and high-fidelity try-on, empowering users to lead trends and elevate their digital image.

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Xiao-I (NASDAQ: AIXI) announced a strategic partnership with a top Hong Kong insurance company to integrate advanced AI products into customer service operations, revolutionizing the insurance industry. The collaboration aims to enhance efficiency, personalization, and customer interactions, addressing challenges of slow response times, long waiting periods, and data retrieval inefficiencies.

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Xiao-I (NASDAQ: AIXI) announces the upcoming launch of DIF (Daily Invest Focus) in May 2024, aimed at revolutionizing stock market analysis. DIF utilizes an advanced artificial intelligence framework, Agentic Workflow, to provide investors with valuable insights for strategic decision-making. This innovative product marks a significant shift in investment strategy, empowering users with AI-driven market intelligence.

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Xiao-I , a leading AI enterprise, reported a 22.8% increase in net revenues to US$59.2 million for 2023. The MaaS business grew by 48.5% and accounted for over 30% of total revenue. Gross margin rose to 66.6%, up 270 basis points year over year. The company introduced the Hua Zang Universal Large Language Model, expanded globally, and launched innovative solutions, showcasing significant growth in both MaaS and non-MaaS segments.

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Xiao-I (Nasdaq: AIXI) will announce its full-year 2023 financial results on April 30, 2024, followed by a conference call to discuss the results. The webcast can be accessed on the Xiao-I website. Participants can pre-register for the call to avoid delays.
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Xiao-I (NASDAQ: AIXI) announces breakthroughs in its virtual Try-on technology (OOTDiffusion), achieving high-quality results applicable to any human body and clothing image. The product is set to be launched in May, attracting industry-wide attention and sparking discussions.
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Xiao-I 's Chairman and CEO, Mr. Yuan Hui, shared insights on cutting-edge advancements in artificial intelligence at the Boao Forum for Asia Annual Conference 2024. The conference focused on global economy, technological innovation, social progress, and international cooperation. Mr. Yuan emphasized the importance of AI in the digital economy and highlighted the need for humanity to address the challenges posed by AI.
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Xiao-I Corporation (NASDAQ: AIXI) actively participates in developing a milestone industry standard for large-scale code models in collaboration with CAICT and ICBC. The new standard sets detailed technical capabilities and application requirements, aiming to enhance the AI4SE industry's development. Xiao-I's involvement showcases its commitment to innovation and industry leadership, positioning itself as a key player in promoting standardization in the AI sector.
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Xiao-I Corporation (AIXI) has signed a strategic cooperation framework agreement with ABB Group to collaborate in fields such as smart parks, aiming to advance long-term development through mutually beneficial partnerships. ABB, with a history of over 130 years, will work with Xiao-I to create customized products and foster deeper and longer-term cooperation. The collaboration is expected to promote comprehensive cooperation in multiple fields, fostering the digitalization and intelligent development of industries.
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Xiao-I Corporation (NASDAQ: AIXI) showcased its Hua Zang Universal Large Language Model at the Abu Dhabi Finance Week, highlighting its controllable, customizable, and deliverable features. The model's practical application in industries like finance, government, and healthcare was demonstrated, with a focus on the innovative intelligent baby crib for infant safety. Chairman and CEO, Mr. Hui Yuan, emphasized the growing importance of large language models and their potential to revolutionize human-AI interaction.
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FAQ

What is the current stock price of XIAO-I Corporation American Depositary Shares (AIXI)?

The current stock price of XIAO-I Corporation American Depositary Shares (AIXI) is $5.755 as of November 1, 2024.

What is the market cap of XIAO-I Corporation American Depositary Shares (AIXI)?

The market cap of XIAO-I Corporation American Depositary Shares (AIXI) is approximately 47.5M.

What does XIAO-I Corporation specialize in?

XIAO-I Corporation specializes in cognitive artificial intelligence (AI) technologies, including natural language processing, speech processing, computer vision, machine learning, affective computing, data intelligence, and hyper-automation.

What are some recent achievements of XIAO-I Corporation?

Recent achievements include strategic partnerships with Nexify Limited for civic hearings, launching AI-powered glasses Hearview for the deaf community, and deploying the Smart Coach system for a major Chinese bank's customer service training.

What industries does XIAO-I serve?

XIAO-I serves several industries including contact centers, finance, public services, architecture, the metaverse, manufacturing, and healthcare.

How does XIAO-I's AI platform benefit e-commerce?

XIAO-I's AI platform benefits e-commerce through solutions like Smart Outbound Call and Smart IVR, which enhance customer interaction, reduce operational costs, and improve service efficiency.

What is the Hua Zang Universal LLM?

The Hua Zang Universal LLM is a large language model developed by XIAO-I, used to enhance AI capabilities in various applications, such as civic hearings, customer service, and knowledge management.

What is the Hearview product?

Hearview is an AI-empowered pair of glasses designed to assist deaf individuals by converting speech into text, facilitating better communication and participation in daily activities.

What new products has XIAO-I launched recently?

In May 2024, XIAO-I launched three new products: Try on Today (TOTD), Daily Invest Focus (DIF), and Hearview, catering to fashion, investment, and the deaf community, respectively.

How does XIAO-I's knowledge management system work?

XIAO-I's knowledge management system uses AI to automate content editing, classification, and retrieval, enhancing efficiency and ensuring up-to-date and accurate information for businesses.

What is the Smart Coach system?

The Smart Coach system is an AI-driven customer service training platform that provides scenario-based Q&A, real-time updates, and personalized training sessions to improve service quality and efficiency.

Where can I find more information about XIAO-I's products and services?

More information about XIAO-I's products and services can be found on their official website at www.xiaoi.com.

XIAO-I Corporation American Depositary Shares

Nasdaq:AIXI

AIXI Rankings

AIXI Stock Data

47.49M
25.10M
0.08%
1.27%
Software - Application
Technology
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United States of America
Shanghai