Xiao-I shares jump 31.18% premarket after China’s Supreme People’s Court upholds validity of core AI patents in lawsuit against Apple.

Xiao-I surged 31.18% in premarket trading following a significant legal development in its ongoing patent infringement lawsuit against Apple. The Supreme People's Court of China rejected Apple's appeal to invalidate the core artificial intelligence patents held by Xiao-I’s variable interest entity, affirming their full validity in a final and binding ruling. This favorable judicial outcome strengthens Xiao-I’s legal position and bolsters investor confidence in the company’s intellectual property and potential for compensation. The ruling, announced on March 27, 2026, marks a key procedural milestone in the case and signals continued legal momentum for Xiao-I.