Xiao-I Corporation Strengthens Ties with Yili Through AI Services

Xiao-I Corporation Strengthens Partnership with Yili

Xiao-I Corporation (NASDAQ: AIXI) has announced a significant development in its longstanding partnership with Inner Mongolia Yili Industrial Group Co., Ltd. This collaboration has evolved as Yili transitions its AI-driven customer service platform to a subscription-based model. This shift not only optimizes service delivery, but also enhances operational efficiency for both entities.

Subscription Model: A New Era for AI Services

The recent transition to a subscription model—known as Model as a Service (MaaS)—marks a strategic move towards providing more flexible and scalable solutions within the software and AI industries. By adopting this approach, Yili can expect improved customer retention and better cash flow predictability, which are ultimately aimed at fostering financial stability in the long term. For Xiao-I, this model represents a critical component of its business strategy to expand its offerings in response to customer needs.

AI Solutions Tailored for the FMCG Industry

Since 2021, Xiao-I has been at the forefront of delivering innovative AI solutions specifically tailored to the needs of the fast-moving consumer goods (FMCG) industry. The partnership has empowered Yili with an intelligent voice customer service platform that efficiently manages a vast array of customer inquiries. This enhanced platform is supported by Xiao-I's Hua Zang large language model (LLM), making it an exceptional tool for Yili, which boasts a diverse portfolio including dairy products, beverages, and packaged water.

CEO Hui Yuan's Perspective on the Partnership

Hui Yuan, the CEO of Xiao-I Corporation, expressed pride in the enduring collaboration with Yili, highlighting their status as a leader in the global dairy sector. Yili is recognized as the largest dairy company in its region, known for its comprehensive product offerings that rank it among the top five dairy companies worldwide. The partnership, nurtured over years of mutual trust and innovation, has paved the way for Xiao-I to deliver even more AI-driven solutions that align with Yili's mission to provide world-class products to its customers.

About Xiao-I Corporation

Founded in 2001, Xiao-I Corporation has emerged as a leader in the arena of cognitive intelligence. The company specializes in a wide spectrum of AI services, including natural language processing, voice and image recognition, and machine learning. Its extensive portfolio of cognitive intelligence technologies has been successfully applied to a multitude of business contexts, aiding industries in their digital transformation and intelligent upgrading journeys. With a commitment to innovation, Xiao-I continuously enhances its AI capabilities to meet the ever-evolving demands of the marketplace.

Frequently Asked Questions

What is the main focus of the partnership between Xiao-I and Yili?

The partnership focuses on improving AI-driven customer service solutions, with Yili transitioning to a subscription-based model for greater efficiency.

How does the subscription-based model benefit Yili?

This model enhances service delivery and operational efficiency, ensuring better customer retention and predictable cash flow for Yili.

What AI technologies does Xiao-I offer?

Xiao-I provides technologies such as natural language processing, voice recognition, and machine learning to various sectors, particularly FMCG.

Why is the partnership significant for Xiao-I?

This collaboration strengthens Xiao-I’s portfolio while allowing it to contribute to Yili's mission of providing quality products through advanced AI solutions.

Who can be contacted for more information about Xiao-I Corporation?

For queries, investors and media can reach out to Ms. Berry Xia at the investor relations email provided by the company.

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