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Stock impact report

Xiao-I Signs Strategic Partnership with Leading AI Company in Middle East

XIAO-I Corporation (AIXI) 
Company Research Source: PR Newswire
SHANGHAI, June 12, 2024 /PRNewswire/ -- 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.Xiao-I established its Middle East subsidiary in Abu Dhabi in the first quarter of this year to continue expanding its overseas market. Xiao-I's new subsidiary will serve as a crucial hub for AI innovation and collaboration in the Middle East. The additional strategic partnership aims to leverage the complementary strengths of both companies in the field of artificial intelligence, integrating resources to address the growing demand for AI solutions in the UAE.Xiao-I brings to the table its robust capabilities in AI, having demonstrated its industry leadership through the development of innovative solutions that drive efficiency, enhance decision-making, and enrich product and service offerings. The c Show less Read more
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