Xiao-I shares surge 12.41% intraday as Karnataka unveils AI-ready PC, signaling growing AI adoption.

Xiao-I surged 12.41% during intraday trading following the announcement by Karnataka’s government of the KEO, India’s first AI-ready, affordable PC. The device, developed by KEONICS, is positioned as an "inclusion device" to democratize access to AI technology. This development signals growing institutional focus on AI adoption and infrastructure, likely boosting investor confidence in AI-focused firms like Xiao-I. While broader news on political dynamics in Assam and Bangladesh, entertainment controversies, and economic commentary were noted, none directly correlated with the stock’s sharp intraday rally. The Karnataka initiative aligns with global AI expansion trends, positioning Xiao-I to benefit from increased demand for AI-driven solutions in emerging markets.