Kaixin Auto Has Established Its AI Automotive Research Institute, With Senior VP Lei Gu Appointed As The Dean, To Facilitate The Formation And Integration Of The Company's Development Strategy For Artificial Intelligence Applications
Portfolio Pulse from Benzinga Newsdesk
Kaixin Auto has founded an AI Automotive Research Institute, appointing Senior VP Lei Gu as the Dean. The institute aims to shape and integrate the company's AI development strategy. Kaixin is seeking partnerships with top AI firms to develop intelligent automotive products and services.

December 11, 2023 | 12:07 pm
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Kaixin Auto's establishment of an AI Automotive Research Institute and the search for AI partnerships indicate a strategic move into AI-driven automotive solutions, which could positively influence investor sentiment.
The creation of an AI Automotive Research Institute and the appointment of a senior VP as its Dean demonstrate Kaixin Auto's commitment to AI technology in the automotive sector. This strategic move, along with the search for AI partnerships, could be seen as a positive development by investors, potentially leading to increased investor confidence and a positive short-term impact on KXIN's stock price.
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