SHANGHAI, June 14,
2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ:
AIXI) ("Xiao-I" or the "Company"), a leading AI company, is excited
to announce a significant contract with an international
engineering consulting firm, a specialized service unit within a
prominent energy conglomerate. This collaboration marks a pivotal
step in leveraging AI to optimize operational efficiencies within
the energy sector.
The engineering consulting firm, responsible for the group's
bidding, cost estimation, and engineering consulting services,
recognized the need to enhance the efficiency and quality of its
expert services. To address this, the firm sought to automate the
expert invitation process through the procurement of Xiao-I's
product: Smart Outbound Call.
The firm has the need to invite tens of thousands of experts
annually for various meetings, the current manual notification
process has proven to be labor-intensive and inefficient. The
primary goal of this project is to increase work efficiency.
Xiao-I Corporation offers a customized solution tailored to the
client's expert engagement scenarios. The AI dialing platform,
based on the controllable, customizable, and deliverable Hua Zang
Large Language Model("Hua Zang LLM"), promises faster access,
better performance, and lower delivery costs for AI product
deployment. The Hua Zang LLM, combined with the Outbound Call
solution, leverages Xiao-I's industry-leading Natural Language
Understanding, Speech Recognition and Synthesis, Dialogue
Management, and Machine Learning technology. This Smart Outbound
Call solution replaces human agents with chatbots to help
enterprises complete outbound call tasks, and apply to customer
business scenarios. This solution has been applied in hundreds of
use cases for governments, finance, and enterprises.
This collaboration signifies a major advancement in automating
and enhancing expert services within the energy sector. It
underscores Xiao-I Corporation's commitment to delivering
innovative and effective AI solutions, setting a new standard for
operational efficiency and service quality 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