Xiao-I shares surge 20.93% intraday after renewing major automotive joint venture AI contract.

Xiao-I Corporation surged 20.93% intraday following the announcement of a contract renewal with a prominent Sino-European automotive joint venture for its intelligent dialogue robot and smart voice customer service solutions. The renewal underscores the client’s confidence in Xiao-I’s AI platforms, which have delivered measurable outcomes such as 24/7 support, enhanced customer satisfaction, reduced handle times, and annual cost savings. The partnership, involving two core platforms (iBot Pro and Smart Voice Customer Service), highlights recurring revenue potential and validates the company’s enterprise AI capabilities in a key industry. The news directly aligns with the stock’s sharp intraday gain, reflecting investor optimism over sustained business adoption of Xiao-I’s cognitive intelligence solutions.