Xiao-I Corporation Deepens Relationship with Yili
Xiao-I Corporation (NASDAQ: AIXI) has revealed an important update regarding its long-standing partnership with Inner Mongolia Yili Industrial Group Co., Ltd. This collaboration is evolving as Yili moves its AI-driven customer service framework to a subscription-based model. This change not only streamlines service delivery but also boosts operational efficiency for both companies.
Subscription Model: A Shift in AI Services
The recent adoption of a subscription model—termed Model as a Service (MaaS)—signals a strategic shift towards offering more adaptable and scalable solutions within the software and AI sectors. By embracing this model, Yili anticipates enhanced customer loyalty and improved cash flow predictability, ultimately aiming to secure long-term financial stability. For Xiao-I, this approach is a key part of its business strategy to broaden its service offerings in line with customer demands.
AI Solutions Crafted for the FMCG Sector
Since 2021, Xiao-I has taken the lead in providing cutting-edge AI solutions specifically designed for the fast-moving consumer goods (FMCG) sector. Through this partnership, Yili has gained access to an intelligent voice customer service platform that proficiently handles a wide range of customer inquiries. This advanced platform is powered by Xiao-I's Hua Zang large language model (LLM), making it an invaluable asset for Yili, which has a diverse range of products including dairy items, beverages, and packaged water.
CEO Hui Yuan Reflects on the Partnership
Hui Yuan, the CEO of Xiao-I Corporation, spoke of the pride he feels in this ongoing collaboration with Yili, emphasizing their position as a leader in the global dairy industry. Yili stands out as the largest dairy company in its region and is celebrated for its extensive product range, placing it among the top five dairy firms worldwide. The partnership, fostered through years of shared trust and innovation, has opened doors for Xiao-I to provide even more AI-driven solutions that resonate with Yili's commitment to delivering top-notch products to its consumers.
About Xiao-I Corporation
Established in 2001, Xiao-I Corporation has grown to be a significant player in the world of cognitive intelligence. The company excels in a variety of AI services, including natural language processing, voice and image recognition, and machine learning. Its broad array of cognitive intelligence technologies has been successfully implemented across numerous business contexts, supporting diverse industries in their journeys toward digital transformation and intelligent upgrades. Committed to innovation, Xiao-I consistently enhances its AI capabilities to adapt to the ever-changing demands of the market.
Frequently Asked Questions
What is the main focus of the partnership between Xiao-I and Yili?
The partnership aims to enhance AI-driven customer service solutions, with Yili moving to a subscription-based model to increase efficiency.
How does the subscription model benefit Yili?
This model improves service delivery and operational efficiency, helping Yili achieve better customer retention and more predictable cash flow.
What AI technologies does Xiao-I provide?
Xiao-I offers a range of technologies such as natural language processing, voice recognition, and machine learning across various sectors, especially FMCG.
Why is the partnership significant for Xiao-I?
This collaboration strengthens Xiao-I’s offerings and allows it to support Yili's mission of providing quality products through advanced AI solutions.
Who can be contacted for more information about Xiao-I Corporation?
For more information, investors and media can contact Ms. Berry Xia via the investor relations email provided by the company.
