Xiao-I Corp (NASDAQ: AIXI)

Xiao-I Corp (AIXI) is a holding company based in the Cayman Islands, with its main operations taking place in China through a variable interest entity, Shanghai Xiao-i Robot Technology Co., Ltd., and its subsidiaries. The company operates in the artificial intelligence (AI) technology industry, with a commitment to innovation since its inception in 2001. Xiao-I has been dedicated to continuous innovation and breakthroughs in core technologies related to cognitive intelligence rooted in natural language processing.

The company's main business activities involve the development of a wide range of AI technologies, including natural language processing, speech processing, computer vision, machine learning, affective computing, and data intelligence and hyperautomation. Xiao-I's product and technology offerings are categorized into three layers: infrastructure, aggregation empowerment platform, and domain application. The infrastructure layer provides the informational support for the company's products and technologies, while the aggregation empowerment platform layer integrates various types of knowledge and technologies to assist enterprises in improving knowledge management capabilities. The domain application layer applies the company's technologies to various industries, including contact center, architectural design, smart city, and manufacturing.

Xiao-I's revenue streams come from the sale of cloud platform products, technology development services, sale of software products, MaaS services, and sale of hardware products. The company's revenue has been growing steadily over the years, with a significant increase in 2023. Xiao-I's competitive advantages include its pioneer position in AI technology and focus on R&D, with its first-mover advantage in natural language processing making it a pioneer in formulating AI industry standards and creating more than 500 patents granted or pending.

The company's products and services cater to various industries, including contact center, financial, urban public service, construction, Metaverse, manufacturing, and smart healthcare. Xiao-I's customers include 80% of the top 10 banks in China, 60% of the top 10 insurance companies in China, and many leading enterprises in aviation, automobile, logistics, computer, communication, consumer, and other industries.

Xiao-I's solutions include intelligent customer service, intelligent marketing services, intelligent insurance consulting services, professional architectural drawing review solutions, and intelligent research and design. The company's products and services are marketed and sold primarily to customers in the following industries: contact center, financial, government, healthcare, and manufacturing.

Xiao-I's growth strategy includes continuing to improve its cognitive technology capability, further developing and creating long-term sustainable commercialization opportunities through technology innovation, application combination innovation, and AI product diversification. The company also plans to expand its customer base and make full use of existing customers through market segmentation and personalization, increase hardware products, and further expand its global footprint strategically.

Xiao-I's proprietary intellectual property portfolio includes 334 granted patents and 256 registered trademarks, with the company having applied for 578 patents, 334 of which have been granted. The company has also led and participated in the formulation of 1 international standard, 5 national standards, and 2 association standards.