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XIAO-I Corporation American Depositary Shares - AIXI STOCK NEWS

Welcome to our dedicated page for XIAO-I Corporation American Depositary Shares news (Ticker: AIXI), a resource for investors and traders seeking the latest updates and insights on XIAO-I Corporation American Depositary Shares stock.

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 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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Xiao-I Corporation (NASDAQ: AIXI) showcased its Hua Zang Universal Large Language Model at the Fortune Global Forum 2023, highlighting its practical applications and partnerships with IoT and other industries. Mr. Hui Yuan, the Chairman and CEO, emphasized the adaptability and commercial value of the large-scale model technology, positioning Xiao-I as a leader in the AI industry.
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Xiao-I Corporation announces the launch of its Hua Zang Universal Large Language Model Ecosystem, a groundbreaking AI-driven communication solution. The company aims to provide state-of-the-art solutions for businesses and advance the field of conversational AI. The Hua Zang Ecosystem offers customizable solutions for businesses and has already formed partnerships with over 100 renowned collaborators. It also focuses on business monetization through a streamlined methodology.
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Xiao-I Corporation appoints Professor Fangzhen Lin as Chief Scientific Advisor, enhancing its technological advancements in AI. Professor Lin's expertise in AI cognition and reasoning will boost Xiao-I's natural language analysis and processing capabilities.
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Xiao-I Corporation reported its unaudited financial results for the first half of 2023. Net revenues increased 106% YoY to a record high of $26.5 million. Sale of cloud platform products increased 523% YoY to $22.7 million. Gross profit increased 124% YoY to $20.5 million. Gross margin was 77.3%, up 620 basis points YoY.
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Xiao-I Corporation announces unaudited financial results for H1 2023, with net revenues growing 106% YoY to $26.5 million and gross margin increasing to 77.3%
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Xiao-I Corporation to release unaudited financial results for H1 2023 on Sep 25, 2023.
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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 $5.46 as of November 20, 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 52.6M.

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

52.60M
9.63M
0.08%
1.97%
Software - Application
Technology
Link
United States of America
Shanghai