Xiao-I and Yili Strengthen Alliance with New Subscription Model

Xiao-I Corporation and Yili Transform AI Partnership

Xiao-I Corporation (NASDAQ: AIXI), a prominent name in the artificial intelligence sector, has recently announced an expanded partnership with Inner Mongolia Yili Industrial Group Co., Ltd. This alignment is not just an extension of their relationship but signifies a pivotal transition towards a subscription-based model for AI services. This new approach, dubbed Model as a Service (MaaS), is set to optimize service delivery and enhance operational efficiency for Yili.

This collaboration, ongoing since 2021, has underpinned Yili’s AI-driven customer service platform, which has been significantly upgraded. With its latest enhancements based on Xiao-I's advanced Hua Zang large language model, Yili can now adeptly respond to an extensive array of customer inquiries across its broad spectrum of products, which includes dairy items, drinks, and packaged water.

Benefits of Subscription-Based AI Services

The introduction of the subscription model aims to provide Yili with greater flexibility and scalability in service delivery. By adopting this framework, Yili is positioning itself to navigate the shifting landscapes of consumer needs and preferences more adeptly. This strategic move promises to bolster Xiao-I’s long-term financial health by fostering more robust customer retention and ensuring predictable cash flow.

Hui Yuan, CEO of Xiao-I, expressed pride in the enduring collaboration with Yili, emphasizing Yili’s status as a leading force in the global dairy market. As China's largest dairy producer and one of the top five worldwide, their partnership has continued to flourish, anchored by shared trust and a commitment to innovation. The transition of Yili's customer service to a MaaS framework allows Xiao-I to broaden its service offerings, continuing to provide AI solutions that align with Yili’s goal of delivering high-quality products to consumers.

The Future of AI in the Dairy Industry

This strategic partnership is likely to set a precedent for how AI can be integrated into the supply chains of other industries, particularly in fast-moving consumer goods. By harnessing the power of AI technologies, companies can achieve significant efficiencies in product management and customer engagement. Further, the shift to subscription models reflects a larger trend in the tech industry, where companies are beginning to prioritize sustainable growth and repeatable revenue over one-time sales.

The benefits of such models, particularly in AI applications, include reduced upfront costs for organizations, allowing them to invest their capital in other innovative areas. The dynamism that comes from subscription services can invigorate entire business ecosystems, enhancing competition and spurring further advancements in technology and customer service.

About Xiao-I Corporation

Xiao-I Corporation is a leading player in cognitive intelligence solutions, specializing in artificial intelligence applications that encompass natural language processing, voice and image recognition, machine learning, and affective computing. Founded in 2001, the firm has cultivated a comprehensive portfolio of technologies suited for diverse industrial applications, driving digital transformation and intelligent upgrades across sectors.

The company’s proprietary AI technologies empower its products and services, facilitating a vast range of business applications that advance operational efficiencies and customer engagement strategies. By continuing to innovate and enhance their service offerings, Xiao-I is committed to shaping the future of artificial intelligence in business environments.

Frequently Asked Questions

What does the new subscription model entail for Yili?

The subscription model allows Yili to enhance flexibility and scalability for their AI services, improving customer engagement and operational efficiency.

How long has Xiao-I been working with Yili?

Xiao-I has been partnering with Yili since 2021, providing advanced AI solutions tailored to their needs.

What are the expected benefits of this partnership?

This partnership aims to support Yili's goal of delivering high-quality products while fostering innovation and stronger customer retention for Xiao-I.

Why is the MaaS model significant in today's market?

The Model as a Service framework represents a growing trend toward sustainable, recurring revenue models, providing companies with predictable cash flows and cost savings.

What services does Xiao-I provide?

Xiao-I offers a suite of cognitive intelligence solutions, including natural language processing, voice and image recognition, and machine learning services that enhance business operations.

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