NasdaqGM - Delayed Quote ? USD Xiao-I Corporation (AIXI) Follow Compare 4.9800 -0.1200 (-2.35%) At close: October 18 at 4:00 PM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Xiao-I Corporation Provides Update on Shanghai Xiao-I's Patent Infringement Lawsuit Against Apple Xiao-I Corporation (NASDAQ: AIXI), a leading developer of AI solutions, today provided an update on its VIE's ongoing patent infringement lawsuit with Apple Computer Trading (Shanghai) Co., Ltd., Apple, Inc., and Apple Computer Trading (Shanghai) Co., Ltd. (together and collectively, "Apple") (the "Lawsuit"). The Lawsuit, which involves claims that Apple infringed on VIE's intellectual property related to artificial intelligence technology, reached a new phase in the legal proceedings. PR Newswire ? 20 days ago AIXI -2.35% Xiao-I Corporation Renews and Expands Partnership with Inner Mongolia Yili, Transitioning to Subscription-Based Model for AI Services Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, today announced the renewal of its contract with Inner Mongolia Yili Industrial Group Co., Ltd. ("Yili") (A Share:600887). This renewal continues a long-standing partnership and marks an important shift, as Yili transitions its AI-driven customer service platform to a subscription-based model, optimizing service delivery and increasing operational efficiency. This transition to a subscriptio PR Newswire ? last month AIXI -2.35% 600887.SS Xiao-I Corporation Regains Compliance with Nasdaq Listing Rules Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, today announced that on September 9, 2024 it received a written notice from The Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") stating that the Company regained compliance with the minimum bid price requirement, as set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market. PR Newswire ? last month AIXI -2.35% Xiao-I Corporation and the National Association of the Deaf Partner to Enhance Accessible Communication for Deaf Individuals with AI Technology Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, announces that it signed a strategic partnership with the National Association of the Deaf (the "NAD"), a premier American organization dedicated to improving the quality of life for deaf and hard of hearing individuals. This collaboration aims to leverage AI technology to break down communication barriers and enhance accessibility for the deaf community. PR Newswire ? last month AIXI -2.35% Xiao-I Corporation Issues Revenue Guidance of $73 Million for Fiscal Year 2024 Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a leading artificial intelligence company today announced its projection of a 25% increase in revenue for the fiscal year ended December 31, 2024, expecting a revenue of approximately $73 million for the company's fiscal year ended December 31, 2024 comparing to revenue of $59 million which was reported for fiscal year ended December 31, 2023. This projected growth is attributed to the successful refinement and market deployment of i PR Newswire ? last month AIXI -2.35% AIXI: Adjusting our valuation target due to the ADS ratio change. By Brian Lantier, CFA NASDAQ:AIXI READ THE FULL AIXI RESEARCH REPORT On August 23rd, Xiao-I (NASDAQ:AIXI) adjusted the exchange ratio for the company’s ADSs from 1 ADS representing 1/3 of an ordinary share to 1 ADS representing 3 ordinary shares. This adjustment was effectively the same as a 1-for-9 reverse split of the ADS. We are maintaining our adjusted target valuation of $18/ADS for the time Zacks Small Cap Research ? last month AIXI -2.35% The Shanghai High People's Court Concludes Trial in Shanghai Xiao-i's Patent Infringement Lawsuit against Apple Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a leading artificial intelligence company, today provided an update on its VIE's ongoing patent infringement lawsuit against Apple (as defined below). The lawsuit centers on the alleged infringement on Chinese invention patent ZL200410053749.9 owned by Shanghai Xiao-i Robot Technology Co., Ltd. ("Shanghai Xiao-i"). As a holding company incorporated in the Cayman Islands with no material operations of its own, Xiao-I conducts a substa PR Newswire ? last month AIXI -2.35% Individual investors who hold 51% of Xiao-I Corporation (NASDAQ:AIXI) gained 91%, insiders profited as well Key Insights Xiao-I's significant individual investors ownership suggests that the key decisions are influenced by... Simply Wall St. ? last month AIXI -2.35% Xiao-I Corporation to Change its ADS Ratio on August 23, 2024 Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a leading artificial intelligence company, today announces that the previously announced change of the ratio of its American Depositary Shares (the "ADSs") to its ordinary shares (the "ADS Ratio"), par value US$0.00005 per share, from the current ADS Ratio of one ADS to one-third of an ordinary share to a new ADS Ratio of one ADS to 3 ordinary shares will be effective on August 23, 2024 (U.S. Eastern Time) (the "Effective Date"). PR Newswire ? last month AIXI -2.35% Xiao-I Corporation Showcases Hearview Smart Glasses at Successful U.S. Launch Event Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a leading artificial intelligence company, is proud to announce the successful U.S. launch of its innovative Hearview Smart Glasses. The event, which was streamed live on YouTube on August 8th at 7:00 PM Eastern Time, marks a significant step forward in technology designed to assist those with hearing impairments. PR Newswire ? 2 months ago AIXI -2.35% Xiao-I Corporation Announces Plan to Implement ADS Ratio Change Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a leading artificial intelligence company, today announced that it plans to change the ratio of its American Depositary Shares (the "ADSs") to its ordinary shares (the "ADS Ratio"), par value US$0.00005 per share, from the current ADS Ratio of one ADS to one-third of an ordinary share to a new ADS Ratio of one ADS to 3 ordinary shares. PR Newswire ? 2 months ago AIXI -2.35% Xiao-I Corporation Partners with Leading Telecommunications Provider to Revolutionize Customer Service with AI Chatbot Solution Xiao-I Corporation (NASDAQ: AIXI), a leading AI company, is proud to announce a partnership with a leading telecommunications provider to deploy its advanced AI Chatbot solution in Q2. This strategic collaboration aims to transform the provider's customer service operations by enhancing service efficiency, reducing operational costs, and providing 24/7 personalized support. PR Newswire ? 3 months ago AIXI -2.35% AIXI: Announces numerous real-world AI applications. The company’s financial condition remains a concern. By Brian Lantier, CFA NASDAQ:AIXI READ THE FULL AIXI RESEARCH REPORT Xiao-I (NASDAQ:AIXI) continues to launch new products and announce new corporate relationships at a furious rate totaling more than a dozen press releases in the past 2 months. While the details of these relationships and products remain limited at this time, we anticipate that we will learn more about the way corporations are Zacks Small Cap Research ? 3 months ago AIXI -2.35% Leading Government Agency Partners with Xiao-I Corporation to Enhance Customer Service with AI Chatbot Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading AI company, announced today that the Company signed a partnership agreement with a major government agency (the "Agency") in Hong Kong to implement advanced AI Chatbot solution (the "Partnership"). This strategic collaboration aims to transform the agency's customer service operations, addressing key challenges such as complex policy explanations, multilingual communication needs, high service demand, and personalized servi PR Newswire ? 3 months ago AIXI -2.35% Xiao-I Corporation Secures Major Contract for AI-Powered Solutions in Insurance Sector Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading AI company, announced today that it signed a major contract with a prominent international insurance provider [based in China] to utilize Xiao-I's advanced AI solutions to enhance operational efficiencies within the insurance sector. PR Newswire ? 3 months ago AIXI -2.35% XIAO-I CORPORATION Announces Closing of $3,260,870 Senior Convertible Notes Offering Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI) announced today the closing of its previously disclosed Senior Convertible Notes Offering (the "Notes") with an institutional investor (the "Investor") to purchase an aggregate principal amount of $3,260,869.57 Notes with an 8% Original Issue Discount, convertible into the Company's ordinary shares ("Conversion Shares") in the form of American Depositary Shares ("Conversion ADSs"), and its concurrently offering of an additional 1,000, PR Newswire ? 4 months ago AIXI -2.35% XIAO-I CORPORATION Announces Pricing of $3,260,870 Senior Convertible Notes Offering Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI) announced today that it has entered into a securities purchase agreement with an institutional investor (the "Investor") to issue and sell an aggregate principal amount of $3,260,870 senior convertible notes (the "Notes") with an 8% Original Issue Discount to the Investor, convertible into the Company's ordinary shares ("Conversion Shares") in the form of American Depositary Shares ("Conversion ADSs") (the "SPA"). Each ADS represents PR Newswire ? 4 months ago AIXI -2.35% Xiao-I Corporation Secures Major Contract for AI-Powered Solutions in Energy Sector 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. PR Newswire ? 4 months ago AIXI -2.35% Xiao-I Signs Strategic Partnership with Leading AI Company in Middle East Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading AI company, announces that it entered a strategic partnership with a leading AI company in Middle East region to jointly explore and develop AI enterprise solutions in the UAE. PR Newswire ? 4 months ago AIXI -2.35% Xiao-I Partners with Global Leader in Health Technology to Enhance Knowledge Management with AI Solutions Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading AI company, announces a contract is secured from a renowned multinational conglomerate in the health technology sector base in China. This contract is set to revolutionize knowledge management practices within the consumer electronics and health technology industries. PR Newswire ? 4 months ago AIXI -2.35% Performance Overview Trailing total returns as of 10/20/2024, which may include dividends or other distributions. Benchmark is MSCI WORLD Return AIXI MSCI WORLD YTD -75.62% +18.42% 1-Year -67.06% +32.87% 3-Year -91.86% +39.46%
