SHANGHAI, June 20,
2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:
AIXI) ("Xiao-I" or the "Company"), a leading AI
company, announced today that
it signed a major contract with a
prominent international insurance provider [based in
China] to utilize Xiao-I's
advanced AI solutions to enhance operational efficiencies within
the insurance sector.
The insurance industry faces numerous challenges impacting
customer service and operational efficiency, such as managing
multilingual support, handling high volumes of inquiries, ensuring
data privacy, and providing personalized 24/7 support. Addressing
these issues is crucial for improving customer satisfaction and
optimizing operations.
Xiao-I's three AI products: (1) Smart Outbound Call, (2) AI
Chatbot and (3) Intelligent Knowledge Management, are designed to
tackle these challenges and transform the customer service
landscape for the insurance provider.
1. The Smart Outbound Call solution automates outbound
communication tasks. It replaces traditional human agents with
efficient chatbots capable of handling customer business scenarios,
collecting results, and providing insightful analysis and
visualization.
2. Built on the robust foundation of Xiao-I's Hua Zang
Large Language Model, Xiao-I's AI Chatbot is a multichannel,
multimodal, and multimedia intelligent conversational AI platform,
and it is designed to support the AI-driven transformation of
various organizations within the insurance sector and beyond.
3. The Intelligent Knowledge Management system offers a
unified and intelligent approach to knowledge management and
application services across the entire group.
Xiao-I's AI solutions are poised to transform the way the
insurance provider interacts with its customers, streamlining
processes, reducing operational costs, and enhancing the overall
customer experience. Xiao-I is committed to delivering innovative
and effective AI solutions, setting a new standard for service
quality and customer satisfaction in the industry.
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