Xiao-I Corporation - SEC Filing

View:

Download DOC

Download PDF

Download XLS

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of July 2023

Commission File Number 001-41631

Xiao-I Corporation

(Translation of registrant’s name into English)

7^th floor, Building 398, No. 1555 West
Jinshajiang Rd
Shanghai, China 201803

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 7, 2023	Xiao-I Corporation

	By:	/s/ Hui Yuan
		Name:	Hui Yuan
		Title:	Chief Executive Officer

Exhibit Index

Exhibit Number		Description of Document
99.1		Press Release, dated June 29, 2023
99.2		Press Release, dated June 29, 2023
99.3		Press Release, dated June 30, 2023

Exhibit 99.1

Xiao-I Launches Pioneering Generative AI Model

China’s Own ChatGPT Language Model for Various Industries

SHANGHAI, China, June 29, 2023 (GLOBE NEWSWIRE) -- Xiao-I Corporation (Nasdaq: AIXI) (“Xiao-I” or the “Company”), a leading cognitive artificial intelligence (“AI”) enterprise in China, today announced the launch of its advanced large language model, Hua Zang (华藏). The model, analogous to an operating system, is built on Xiao-I’s robust platform capabilities and designed to empower various industries.

Key Features of Xiao-I’s Large Language Model:

	●	Controllable: The model ensures control in aspects of ideology, laws and regulations, algorithm capabilities, cultural values, and ethics, including data security and content output at the national and enterprise levels.

	●	Customizable: The model can be customized to specific customer needs, including model customization, content customization, component customization, and scenario customization.

●

Deliverable: The model is characterized by its industry applications with low computing costs, low deployment costs, and low training costs.

Xiao-I’s large language model has five distinguishing features. The model exhibits extensive capabilities in natural language processing, enabling it to comprehend and generate complex textual content. Moreover, it seamlessly integrates with information services, facilitating various practical applications such as data querying, analysis, and summarization. Central to the model’s innovation is the proprietary iLifeLong Learning (iL3) methodology, which fosters continuous knowledge augmentation and improvement. The model further extends its capabilities horizontally, through intelligent enhancement, to expand its potential applications. In addition, the introduction of the Linear Framework allows for rapid and flexible personalization, underlining Xiao-I’s commitment to creating adaptable, cutting-edge AI solutions.

Xiao-I’s large language model, developed by a dedicated team of roughly 200 engineers using proprietary algorithms, leverages data that has been independently collected, acquired, and aggregated by Xiao-I. This data has been meticulously cleaned and processed to guarantee its security. This model has an extensive range of applications spanning sectors such as financial services, government, healthcare, construction, energy, telecommunications, education, e-commerce, logistics, travel and tourism, media, manufacturing, automotive, pharmaceuticals, judiciary, retail, among others, underscoring its versatility and broad industry impact.

Mr. Hui Yuan, Chairman and CEO of Xiao-I, expressed, “The unveiling of our large language model marks a substantial shift in China’s AI landscape. For two decades, Xiao-I has been at the forefront of cognitive intelligence, handling a multitude of commercial cases and amassing a wealth of industry knowledge. Our large language model serves as a catalyst for our vision to establish China’s version of ChatGPT, deeply embedding our technology in various sectors and fostering a symbiotic relationship with the AI ecosystem.

In terms of future growth, we set our sights on diversifying our model to construct a vibrant ecosystem in the next quarter. Moreover, we target to extend our full language capabilities to cater to the international markets within the first half of the year. Our audacious one-year plan involves making the platform open-source to stir up traditional business practices and fuel the global ecosystem. This evolutionary leap positions us uniquely to transform business operations, inspire innovation, and sustain our growth in the future.”

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.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

Ms. Sarah Gu

Phone: +1 5713269722

Email: ir@xiaoi.com

Exhibit 99.2

Xiao-I to Launch the Company’s Large Language Model at a Press
Conference on Thursday, 29th June

SHANGHAI, China, (June 29, 2023) -- Xiao-I Corporation (NASDAQ: AIXI) (“Xiao-I” or the “Company”), a leading cognitive artificial intelligence (AI) enterprise in China, is set to release its Large Language Model (LLM) at the Shanghai Film Museum on Thursday, June 29, at 2 p.m. CST UT+8:00.

“LLMs can lead humanity into a positive era of AI, this is a critical moment for China’s AI industry,” stated Mr. Yuan Hui, Chairman and CEO of Xiao-I. “It is imperative for China to develop its own ChatGPT.”

Xiao-I’s LLM can directly integrate with business systems, empowering enterprise-level software. It can also generate a controllable output, be rapidly deployed to a user system, and achieve systemic delivery to realize “controllable, customizable, and deliverable” goals.

The Model is “controllable” in terms of ideology, laws and regulations, computing power algorithms, cultural values, ethics, and morality. It ensures controllable data security at the national level and controllable content output at the enterprise level. As a “customizable” system, it caters to the specific needs of customers, such as models, contents, components, and scenes. The model’s “deliverable” nature ensures low computing power costs, low deployment costs, and low training costs for LLMs.

Xiao-I’s LLM has 5 major highlights that set it apart within the industry.

It possesses rich natural language understanding capabilities, including comprehension and generation of complex texts.

It can integrate with information services through component expansion, enabling various practical scenarios such as querying, analyzing, and summarizing dynamic data.

It addresses incremental learning of knowledge content achieves continuous improvement through “IlifeLong Learning (iL³)” approach.

It expands the capabilities of the Model horizontally through intelligent enhancement, to extent its potential applications.

The Linear Framework enables faster and more flexible personalized customization.

The press conference will focus on the Model’s milestones, showcasing its intelligence and distinctive characteristics through product demonstration, comprehensive explanation, and on-site experiences.

Time of announcement: Thursday, June 29 02:00pm CST UT+8:00

Venue: Studio 5, Shanghai Film Museum, No. 595 North Caoxi Rd., Xuhui Dst., Shanghai, China

Join online:

https://zoom.us/j/95289858759?pwd=WXR6Z1QzeHFBNURKd0xJVUoxdThSUT09

Zoom ID: 952 8985 8759

Password: 20230629

About Xiao-I Corporation

Xiao-I is leading the development of the global AI industry with cognitive intelligence as its core. Since its establishment in 2001, the Company has focused on natural language processing-based cognitive intelligence patents and their industrial applications. Upholding a customer-oriented core value, Xiao-I offers a range of solutions and comprehensive services from technology to products for global enterprise customers.

After over 20 years of dedicated efforts, Xiao-I’s technologies have been deployed in thousands of application scenarios across various sectors, such as customer service center, intelligent finance, smart enterprises, smart energy and transportation, smart education, smart healthcare, smart manufacturing, intelligent parks, and intelligent construction and communication. For more information, please visit: www.xiaoi.com.

Forward-Looking Statements

Contact

PTG-ASIA

Ms. Grace Hsu

+86 13717891416

Email: grace@ptg-asiagroup.com

Mr. Jason Naim

+86 13911757823

Email: jason@ptg-asiagroup.com

Exhibit 99.3

Xiao-I Releases Cutting-Edge Large Language Model “Hua
Zang” to Create China’s Own ChatGPT

SHANGHAI, China, (June 30, 2023) -- Xiao-I Corporation (Nasdaq: AIXI) (“Xiao-I” or the “Company”), a leading cognitive artificial intelligence (“AI”) enterprise in China, celebrated today the launch of its advanced Large Language Model (LLM) called “Hua Zang”.

This state-of-the-art model, developed with proprietary algorithms and a dedicated team of around 200 engineers, aims to build China’s own ChatGPT to serve thousands of industries and businesses by creating a new business model.

Xiao-I’s “Hua Zang” LLM is a universal language model that relies on its rich database and covers hundreds of natural language processing capabilities. The model utilizes independently collected, acquired, and aggregated data that has been thoroughly cleaned and secured. It is analogous to an operating system and can empower various industries with its controllable, customizable, and deliverable performance, helping them achieve commercial success.

Mr. Hui Yuan, Chairman and CEO of Xiao-I, declared, “Our large language model serves as a catalyst for our vision to establish China’s own ChatGPT, deeply embedding our technology in various sectors and fostering a symbiotic relationship with the AI ecosystem.”

The launch of Xiao-I’s LLMs represents the next step in the company’s ambition to develop a brand-new business ecosystem in the next few months to come while completing language coverage and introducing international market applications. In this way, Xiao-I intends to disrupt traditional business models by providing open source platform within a global business ecosystem.

3 Key Features of Xiao-I’s Large Language Model:

	●	Controllable: The model ensures control in aspects of ideology, laws and regulations, algorithm capabilities, cultural values, and ethics, including data security and content output at the national and enterprise levels.

	●	Customizable: The model can be customized to specific customer needs, including model customization, content customization, component customization, and scenario customization.

●

Deliverable: The model is characterized by its industry applications with low computing costs, low deployment costs, and low training costs.

During this event, Xiao-I comprehensively presented the intelligence and attributes of the model through product demonstrations, explanations, and experiences, while showcasing the vision and milestones of Xiao-I.

Meanwhile, Mr. Du Yuqing, Senior Vice President of Xiao-I, elaborated on the key performances of the Xiao-I LLM. He explained that the LLM links information services based on component extension. Meanwhile, it enriches comprehension abilities by language enhancement. Its “iLifelong Learning” (iL³) methodology can iterate rapidly. In addition, it may extend its future applications through intelligent augmentation. With its unique Linear Framework (LF), the model can be customized according to the needs of customers.

The Xiao-I LLM has a wide range of applications across various sectors, including financial services, government, healthcare, construction, energy, telecommunications, education, e-commerce, logistics, travel and tourism, media, manufacturing, automotive, pharmaceuticals, judiciary, and retail, among others.

About Xiao-I Corporation

Forward-Looking Statements

Contact

PTG-ASIA

Ms. Grace Hsu

+86 13717891416

Email: grace@ptg-asiagroup.com