Xiao-I shares surge 72.06% premarket after China's Supreme People's Court upholds validity of its core AI patents in lawsuit against Apple.

Xiao-I Corporation surged 72.06% in premarket trading following a key legal development in its patent infringement lawsuit against Apple. The Supreme People's Court of China rejected Apple's appeal to invalidate the core AI patents held by Xiao-I’s variable interest entity, affirming their full validity in a final ruling on March 27, 2026. This outcome strengthens Xiao-I’s position in the ongoing case and signals robust protection of its intellectual property in a critical market. The ruling is seen as a major legal and strategic win for the AI developer, fueling investor optimism despite the company’s caution that financial compensation remains uncertain.