Welcome to our dedicated page for Xiao-I Corporation news (Ticker: AIXI), a resource for investors and traders seeking the latest updates and insights on Xiao-I Corporation stock.
Xiao-I Corporation (NASDAQ: AIXI) is an AI-focused cognitive intelligence enterprise that regularly publishes updates on its technology, partnerships, and capital markets activity. This news page aggregates Xiao-I’s press releases and third-party coverage so readers can follow how its AI platforms, cloud products, and hardware are being deployed across industries.
According to the company’s own announcements, Xiao-I frequently reports on strategic partnership renewals and expansions with major enterprises in banking, insurance, asset management, automotive manufacturing, and fast-fashion retail. These items often describe how its iBot Pro conversational AI platform, intelligent dialogue robots, and smart voice customer service solutions support 24/7 customer engagement, omnichannel experiences, and operational efficiency.
Visitors can also expect financial and operational news, including selected annual results, commentary on revenue mix across software, hardware, technology development services, M&S services, and cloud platform products, as well as updates on the commercialization of offerings such as the Hua Zang LLM-based Model-as-a-Service and the AI glasses business unit.
In addition, Xiao-I issues capital markets and corporate governance updates, such as disclosures about Nasdaq listing deficiency notices, securities purchase agreements for convertible promissory notes, and changes to its board of directors. For investors and observers interested in how AI technologies are integrated into large-scale enterprise environments, this news feed provides a centralized view of Xiao-I’s disclosed milestones, customer collaborations, and strategic directions. Users who follow AIXI-related news can use this page as a reference point for the company’s own communications and reported developments over time.
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Xiao-I Corporation reported a 48% increase in net revenues for the year ending December 31, 2022, achieving a record of US$48.2 million, up from US$32.5 million in 2021.
Revenue from cloud platform products soared by 364% to US$25.7 million, while technology services rose by 78% to US$16.4 million.
Despite the growth, the company recorded a net loss of US$6.0 million, compared to a net income of US$3.4 million in 2021. Increased operating expenses of 104% to US$33.9 million, driven mainly by R&D investments, contributed to this loss. The gross profit rose 42% to US$30.8 million, but gross margin declined to 63.9%.
Notably, Xiao-I completed its initial public offering (IPO) in March 2023, raising approximately US$39 million to support growth initiatives.
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