Xiao-I Wins Contract For AI-Powered Solutions In Energy Sector; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Xiao-I Corporation (NASDAQ:AIXI) has secured a significant contract with an international engineering consulting firm within a major energy conglomerate to provide AI-powered solutions aimed at optimizing operational efficiencies in the energy sector. The terms of the contract were not disclosed.
June 14, 2024 | 1:00 pm
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Xiao-I Corporation has secured a significant contract with an international engineering consulting firm within a major energy conglomerate to provide AI-powered solutions aimed at optimizing operational efficiencies in the energy sector. The terms of the contract were not disclosed.
The contract with a major energy conglomerate's consulting firm is a significant win for Xiao-I Corporation, indicating strong demand for its AI solutions. This partnership is likely to enhance the company's reputation and could lead to further opportunities in the energy sector, positively impacting its stock price in the short term.
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