SHANGHAI, Jan. 25,
2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:
AIXI) ("Xiao-I" or the "Company"), a leading cognitive artificial
intelligence ("AI") enterprise in China, successfully held the signing ceremony
for a strategic cooperation framework agreement with ABB Group
(SIX: ABBN,"ABB") on November 23,
2023, in Shanghai. Mr.
Du Yuqing, Senior Vice President and
Mr. Zhang Xudong, Senior Director,
from Xiao-I, attended the signing ceremony. Xiao-I and ABB will
leverage their platform resources and innovation capabilities to
foster collaborative cooperation in fields such as smart parks,
with the common goal of advancing long-term development through
mutually beneficial partnerships.
With a history of over 130 years and headquartered in
Zurich, Switzerland, ABB
established a manufacturing factory in Xiamen as early as 1992. ABB collaborates with
globally oriented enterprises to create customized products.
At the signing ceremony, representatives from both parties
officially signed the strategic cooperation framework agreement.
Mr. Du Yuqing stated "With over two
decades of deep cultivation in cognitive intelligence technology
innovation, Xiao-I has accumulated rich experience in
commercialization and possesses independent intellectual property
rights through the industrialization of AI. ABB, as a technological
pioneer in the electrical and automation field, stands as a highly
reliable partner. We will initially collaborate in the fields of
smart energy and smart parks, gradually expanding our partnership
to foster deeper and longer-term cooperation, aiming to achieve
synergy and mutual development." As a leading player in leveraging
cognitive intelligence to empower diverse industries, Xiao-I has
accumulated over two decades of implementation experiences and
established a comprehensive portfolio.
In the era of AI, the emergence of smart parks signifies a new
trend in enterprise advancement. The combination of traditional
industrial parks and modern information technology will create a
more efficient and intelligent development environment for
enterprises. Based on the Hua Zang Universal Large Language Model's
core features of "controllable", "customizable" and "deliverable",
this strategic collaboration between Xiao-I and ABB will promote
comprehensive cooperation in multiple fields, fostering the
digitalization and intelligent development of industries.
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.
For investor and media inquiries, please
contact:
Ms. Berry Xia
Email: ir@xiaoi.com
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SOURCE Xiao-I Corporation