SHANGHAI, May 16, 2024
/PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the
"Company"), a leading artificial intelligence company, has
announced a strategic partnership in the smart city domain with a
prominent organization from a Special Administrative Region. This
collaboration aims to revolutionize the concept of smart cities by
harnessing the power of AI and chatbot technologies supported by
the Hua Zang Large Language Model.
Xiao-I Corporation is renowned for its expertise in artificial
intelligence and has a proven track record of delivering innovative
solutions across multiple industries. By joining forces with a
prominent organization in information and communication technology
management, Xiao-I aims to capitalize on their collective strengths
and create a synergy that will drive transformative changes in the
quality of life for residents.
Under this partnership, Xiao-I will provide a range of
comprehensive services in the design, supply, delivery,
installation, commissioning, and implementation of generative AI
functions. The focus will be on leveraging the power of AI models
as a service in customer service scenarios. Additionally, Xiao-I
will extend system support, maintenance, and other related services
to ensure seamless operations.
By leveraging Xiao-I Corporation's advanced chatbot system,
powered by the Hua Zang Large Language Model, the partnership aims
to create intelligent systems that seamlessly connect citizens with
urban services and resources. Specifically, this will enhance
various aspects: for citizens, it will improve efficiency and
provide 24/7 availability, as AI can automate numerous standardized
queries and tasks, reducing human labor and increasing overall work
efficiency. The intelligent customer service will offer
round-the-clock, uninterrupted services, enabling users to access
information at any time, quickly get answers to common questions,
and enjoy personalized services based on historical interactions
and preferences, leading to more targeted responses. Additionally,
supported by Hua Zang, it will deliver a more natural and
human-like interaction experience while promoting transparency and
fairness by providing consistent and fair services based on preset
rules and algorithms. For the government, AI will aid in
decision-making by analyzing user inquiries to help identify issues
and trends, assisting in policy-making and decision processes. The
system's continuous learning and adaptation capabilities will allow
it to optimize its performance based on new data and feedback.
Through real-time access to information, personalized services, and
efficient communication channels, these AI-powered solutions will
enhance the efficiency, effectiveness, and responsiveness of
various city services.
Through this partnership, Xiao-I Corporation and the
organization are committed to driving transformative changes in
smart cities worldwide. By harnessing the power of AI and chatbot
technologies, they aim to realize the vision of smart cities, where
data-driven decision-making, intelligent automation, and enhanced
citizen services converge to create a better quality of life for
residents.
About Xiao-I Corporation
Xiao-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. For more information, please visit:
www.xiaoi.com.
Forward-Looking Statements
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's ability to achieve its goals and
strategies, the Company's future business development and plans for
future business development, including its financial conditions and
results of operations, product and service demand and acceptance,
reputation and brand, the impact of competition and pricing,
changes in technology, government regulations, fluctuations in
general economic and business conditions in China, and assumptions underlying or related
to any of the foregoing and other risks contained in reports filed
by the Company with the U.S. Securities and Exchange Commission
("SEC"). For these reasons, among others, investors are cautioned
not to place undue reliance upon any forward-looking statements in
this press release. Additional factors are discussed in the
Company's filings with the SEC, including under the section
entitled "Risk Factors" in its annual report on Form 20-F filed
with the SEC on April 30, 2024, as
well as its current reports on Form 6-K and other filings, all of
which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
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SOURCE Xiao-I Corporation