SHANGHAI, Sept. 9,
2024 /PRNewswire/ -- 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.
The NAD, established in 1880, is the nation's foremost civil
rights organization for deaf and hard of hearing individuals,
advocating for their rights and providing critical resources and
support. The NAD's mission encompasses a wide range of advocacy
areas including education, employment, healthcare, and technology,
all aimed at improving the lives of millions of deaf and hard of
hearing Americans.
The strategic cooperation between Xiao-I and NAD will focus on
developing and implementing advanced AI solutions to facilitate
seamless communication for deaf individuals. By integrating
Xiao-I's cutting-edge AI technology with NAD's extensive expertise
and resources, the partnership aims to create innovative tools and
platforms that enhance communication accessibility. These AI-driven
solutions will be tailored to meet the unique needs of the deaf
community, ensuring they are user-friendly and highly effective in
real-world scenarios. The collaboration seeks to empower deaf
individuals by providing them with tools that enable better access
to information, services, and opportunities, thus fostering greater
inclusivity and social integration.
Introducing Hearview Smart Glasses for the Deaf
In
line with Xiao-I's commitment to accessibility, the company has
launched the Hearview Smart Glasses in US market in August 2024, designed to improve communication
and accessibility for the deaf and hard-of-hearing community. These
innovative glasses offer real-time subtitles for conversations,
enhancing everyday interactions. According to data from the Centers
for Disease Control and Prevention (CDC), approximately 46 million
adults in the U.S. report some form of hearing loss, and Xiao-I's
AI technologies aim to address this need. A product testing video
can be viewed here: Hearview Smart Glasses Test.
This partnership underscores Xiao-I Corporation's commitment to
its Environmental, Social, and Governance (ESG) principles and the
"AI for Good" initiative. By focusing on social impact and the
ethical use of AI, the collaboration aims to set a benchmark for
how technology can be harnessed to address social challenges and
promote equality. "At Xiao-I, we believe in the transformative
power of AI to drive social good. Our partnership with NAD is a
testament to our commitment to using AI to create inclusive
solutions that improve lives," said Hui
Yuan, CEO of Xiao-I Corporation. "Together, we aim to break
down communication barriers and enhance the quality of life for
deaf individuals."
About Xiao-I Corporation
Xiao-I Corporation is a leading cognitive intelligence
enterprise in China that offers a
diverse range of business solutions and services in artificial
intelligence, covering natural language processing, voice and image
recognition, machine learning, and affective computing. Since its
inception in 2001, the Company has developed an extensive portfolio
of cognitive intelligence technologies that are highly
suitable and have been applied to a wide variety of business cases.
Xiao-I powers its cognitive intelligence products and services
with its cutting-edge, proprietary AI technologies to enable
and promote industrial digitization, intelligent upgrading, and
transformation. For more information, please visit:
www.xiaoi.com.
Forward-Looking Statements
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's ability to achieve its goals and
strategies, the Company's future business development and plans for
future business development, including its financial conditions and
results of operations, product and service demand and acceptance,
reputation and brand, the impact of competition and pricing,
changes in technology, government regulations, fluctuations in
general economic and business conditions in China, and assumptions underlying or related
to any of the foregoing and other risks contained in reports filed
by the Company with the U.S. Securities and Exchange Commission
("SEC"). For these reasons, among others, investors are cautioned
not to place undue reliance upon any forward-looking statements in
this press release. Additional factors are discussed in the
Company's filings with the SEC, including under the section
entitled "Risk Factors" in its annual report on Form 20-F filed
with the SEC on April 30, 2024, as
well as its current reports on Form 6-K and other filings, all of
which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
For investor and media inquiries, please contact:
Ms.
Berry Xia
Email: ir@xiaoi.com
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SOURCE Xiao-I Corporation