Xiao-I Chairman Attends 2023 Boao Forum to Share Insights into Artificial Intelligence Development
March 31 2023 - 08:00AM
GlobeNewswire Inc.
Xiao-I Corporation (Nasdaq: AIXI) (“Xiao-I” or the “Company”), a
leading cognitive artificial intelligence enterprise in China,
today announced its Chairman and Chief Executive Officer, Hui Yuan,
attended the Boao Forum for Asia Annual Conference 2023 (the
“Forum”) in China’s Hainan province from the 28th to 31st of March
to share his insights into the development of artificial
intelligence (“AI”) and how to leverage advanced technologies to
create a brighter future against volatilities and uncertainties.
This is the seventh time that Yuan has been
invited to participate in the Forum. Earlier this month, Xiao-I
went public on the Nasdaq Global Market through an initial public
offering, launching its globalization strategy while continuously
increasing investment in core technology research and development
as well as international market development. This resonates with
the Forum's plans to stimulate Asia’s economic integration with the
world’s common development and actively promote dialogue and
exchanges between China, Asia, and worldwide.
The Forum, regarded as the 'Davos of Asia,' is
one of the region’s most prestigious gatherings of business,
government, and academia leaders. Li Qiang, Premier of China’s
State Council, attended the Forum’s opening ceremony and delivered
a keynote speech. Other participants at the Forum include
Singapore’s Prime Minister Lee Hsien Loong, Malaysia’s Prime
Minister Datuk Seri Anwar Ibrahim, Spain’s Prime Minister Pedro
Sánchez, Prime Minister of Côte d’Ivoire Patrick Achi, and Managing
Director of the International Monetary Fund (“IMF”) Kristalina
Georgieva.
During the Forum, Yuan participated in a
roundtable discussion for private entrepreneurs on the challenges
and strategies surrounding “Going Global” amid globalization. He
also shared his views at the subforums on “AI Empowers Beautiful
Life” and “Next-Generation of the Internet,” respectively.
“The long-term investment in AI and new
integration among chips, bandwidth, computing power and data will
lead to a golden decade for AI. As a result, every industry will
gradually integrate AI, including call centers, architectural
design, smart cities, healthcare, the industrial sector and
agriculture, towards a new frontier with vast opportunities for AI
companies,” said Yuan. “In the next generation of the Internet, we
believe everything can be digitized. We are currently transitioning
from virtual-reality interaction to virtual-reality integration,
with AI at the core of this worldwide transformation. Chinese
technology companies ought to have the spirit and mindset of a
craftsman with fearlessness to compete in the core track and hard
technologies, especially in the core technologies for the
Internet's next generation. As a Chinese high-tech enterprise, our
advanced AI technologies enable us to empower a variety of
industries and accelerate the high-speed development of the nations
alongside China’s ‘Belt and Road’ initiative. Going forward, we aim
to build a high-tech ‘Belt and Road,’ where we can leverage our AI
capabilities and expertise to enhance lives and further propel the
world's development by embracing huge growth potential in AI
development.”
About Xiao-I CorporationXiao-I
Corporation is a leading cognitive intelligence enterprise in China
that offers a diverse range of business solutions and services in
artificial intelligence, covering natural language processing,
voice and image recognition, machine learning and affective
computing. Since its inception in 2001, the Company has developed
an extensive portfolio of cognitive intelligence technologies that
are highly suitable and have been applied to a wide variety of
business cases. Xiao-I powers its cognitive intelligence products
and services with its cutting-edge, proprietary AI technologies to
enable and promote industrial digitization, intelligent upgrading,
and transformation.
Forward-Looking
StatementsCertain statements in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
the Company’s current expectations and projections about future
events that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as “approximates,” “assesses,”
“believes,” “hopes,” “expects,” “anticipates,” “estimates,”
“projects,” “intends,” “plans,” “will,” “would,” “should,” “could,”
“may” or similar expressions. The Company undertakes no obligation
to update or revise publicly any forward-looking statements to
reflect subsequent occurring events or circumstances, or changes in
its expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other
factors that may affect its future results in the Company’s
registration statement and other filings with the SEC.
For investor and media inquiries, please
contact:Ms. Sarah Gu Phone: +1 5713269722Email:
ir@xiaoi.com
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