SHANGHAI, Dec. 1, 2023
/PRNewswire/ -- Mr. Hui Yuan, the
Chairman of the Board and CEO of Xiao-I Corporation (NASDAQ: AIXI)
("Xiao-I" or the "Company"), a leading cognitive artificial
intelligence ("AI") enterprise in China, took the stage alongside distinguished
speakers to share a practical application of Hua Zang Universal
Large Language Model ("LLM") and provide an in-depth exploration of
the cutting-edge advancements in generative AI at the Fortune
Global Forum 2023, held in Abu
Dhabi from November 27th to
29th.
Founded in 1995 and hosted by Fortune magazine, the Fortune
Global Forum is renowned for its dedication to discussing
significant issues that shape global economic trends. It stands as
one of the most influential and internationally recognized
gatherings in the global business community. The 2023 Fortune
Global Forum focused on the theme of "A New Era for Business" and
explored the vital role of CEOs and their companies in driving
enduring and positive social change, along with the substantial
responsibilities associated with such influence. The development
and application of AI emerged as a key topic with significant
implications for the global economy.
As a global leader in leveraging cognitive intelligence to
empower diverse industries, Xiao-I has achieved over twenty decades
of development and established a comprehensive Portfolio. This
encompasses core technology platforms, dialogue robots, cloud
services, industry solutions, and robot solutions. In June 2023, Xiao-I unveiled the Hua Zang Universal
LLM, a highly advanced model renowned for its "controllability,
customizability, and deliverability." With its extensive
capabilities, this model effectively caters to various industries
while providing customers with cost-effective customized
solutions.
Mr. Yuan asserted that the adaptability of AI progress from
simplicity to complexity, transitioning from the virtual realm to
the real world, and evolving from B2B to B2C. One noteworthy
application scenario for Xiao-I is contact center customer service,
which consistently generates significant cost reductions for
clients each year.
By harnessing the power of the Hua Zang Universal LLM, Xiao-I
has collaborated with IoT partner to develop the intelligent baby
crib, which was showcased in Abu
Dhabi. This smart baby crib delivers intelligent algorithms
for monitoring baby sleep, including aspects such as suffocation
prevention, and infant movement monitoring. This cutting-edge
technology enables new parents to proactively detect and address
potential health risks at an early stage, demonstrating the
seamless integration of generative artificial intelligence and
hardware. Additionally, Xiao-I has established strategic
partnerships with prominent securities firms, construction
companies, and design industries to enhance accuracy, efficiency,
and significantly reduce costs.
Mr. Yuan emphasized the significant opportunities that AI
technology encounters during this crucial phase of technological
empowerment and transformation. The large-scale model will become
the operating system of the new era, realizing the reshaping of
application scenarios. The commercial value of the large-scale
model technology primarily lies in its controllability,
customizability, and deliverability. This Model must also
demonstrate control in terms of ideology, laws and regulations,
cultural values, ethics, morality, and ensure compliance with data
security requirements in producing reliable content. Xiao-I seizes
the opportunities in the AI industry and solidifies its position in
the field of cognitive intelligence. Leveraging the advantages of
the Hua Zang Universal LLM, Xiao-I continuously expands its
presence across various industries, leading the AI 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
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.
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SOURCE Xiao-I Corporation