SHANGHAI, CHINA / ACCESSWIRE / August 31, 2023 / Xiao-I Corporation ("Xiao-I" or the "Company")(NASDAQ:AIXI), a leading cognitive artificial intelligence ("AI") enterprise in China, was recently interviewed by a CNBC reporter, providing valuable insights into the rapidly evolving AI landscape in China.

During the interview, Mr. Yuan Hui, Chairman, and CEO of Xiao-I, delved into the implications of AI development, especially within China's dynamic technology sector, showcasing how innovators like Xiao-I are integrating AI technology across diverse industries.

"No matter how strong a company's technology is, if it cannot create commercial value, it is meaningless[ Evelyn Cheng , Alibaba is doubling down on A.I. - Chinese stocks to watch. https://www.cnbc.com/2023/08/13/alibaba-is-doubling-down-on-ai-chinese-stocks-to-watch.html," highlighted Mr. Yuan.

Xiao-I introduced a chatbot in China in the early 2000s. However, over the past decade, the Company has focused on commercialization by integrating Al technology into diverse sectors. Yuan found that contact centers emerged as the most promising application. Xiao-I has partnered with major Chinese banks and a telecom operator, highlighting its practical business applications.

The interview also showcased Xiao-I's proprietary Large Language Model ("LLM"), Hua Zang. Hua Zang LLM seamlessly integrates domain-specific corpora which is based on Xiao-I's nearly 20 years of cognitive AI industry experience. It is versatile across various sectors, providing customized business solutions with hundreds of natural language processing capabilities, including complex text comprehension, information linkage, and tailored insights. The CNBC report also highlighted the critical role of AI hardware within China's ongoing AI cycle.

For more information about the CNBC interview, please visit www.cnbc.com or contact https://www.cnbc.com/2023/08/13/alibaba-is-doubling-down-on-ai-chinese-stocks-to-watch.html.

About Xiao-I Corporation

Xiao-I is leading the development of the global AI industry with cognitive intelligence as its core. Since its establishment in 2001, the Company has focused on natural language processing-based cognitive intelligence patents and their industrial applications. Upholding a customer-oriented core value, Xiao-I offers a range of solutions and comprehensive services from technology to products for global enterprise customers.
After over 20 years of dedicated efforts, Xiao-I's technologies have been deployed in thousands of application scenarios across various sectors, such as customer service center, intelligent finance, smart enterprises, smart energy and transportation, smart education, smart healthcare, smart manufacturing, intelligent parks, and intelligent construction and communication. 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.

Contact:

PTG-ASIA
Ms. Grace Hsu
+86 13717891416
Email: grace@ptg-asiagroup.com

SOURCE: Xiao-I Corporation