SHANGHAI, March 31,
2023 /PRNewswire/ -- 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 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.
Forward-Looking Statements
Certain 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 5713269722
Email: ir@xiaoi.com
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SOURCE Xiao-I Corporation