
XIAO-I Corporation American Depositary Shares (AIXI)
Company News
China's tech sector is experiencing a rebound following regulatory easing, with opportunities emerging in AI and tech companies like Tencent, Xiao-I, and Alibaba. The sector shows promising growth potential after years of strict government oversight.
Xiao-I Corporation reported strong 2024 financial results, with revenue up 19% and a path to profitability in 2025. The company saw improvements in gross profit margin and a significant reduction in net loss.
The global smart glasses market is expected to grow significantly, driven by rapid technological advancements, increased demand for augmented reality and mixed reality, and growing adoption in various sectors. Key players in the market include Xiao-I Corporation, Vuzix Corporation, Meta Platforms, Alphabet, and Wearable Devices Ltd.