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Xiao-I Corporation Expands Strategic Partnership with AIA China Through RMB 3-4 Million AI Solutions Deal

SHANGHAI, May 6, 2025 /PRNewswire/ — Xiao-I Corporation (NASDAQ: AIXI), a leading AI enterprise, announced the expansion of its partnership with AIA China, a leading insurance provider, through a one-year contract valued at RMB 3–4 million. This collaboration underscores Xiao-I’s position as a pioneer in delivering end-to-end AI-driven customer service solutions powered by its proprietary Hua Zang Large Language Model (LLM).

Key Highlights of the Collaboration

Full-Scale AI Customer Service Ecosystem: The agreement encompasses Xiao-I’s flagship solutions, including an Intelligent Dialogue Robot, Live Chat Platform, AI-Powered Seat Assistant, Knowledge Fusion System, and Outbound Call Integration. All modules are seamlessly integrated and driven by the Hua Zang LLM, ensuring unified intelligence across voice, text, and data interactions.

Technology Differentiation with Hua Zang LLM: Unlike conventional AI tools, Xiao-I’s solutions leverage the Hua Zang LLM’s advanced natural language processing (NLP) capabilities to enable context-aware conversations, real-time decision support for agents, and dynamic knowledge base optimization. This ensures AIA’s customers receive hyper-personalized service while reducing operational friction.

All solutions are unified under the Hua Zang LLM, ensuring scalability, accuracy, and adaptability to complex business scenarios. This holistic approach eliminates siloed systems, offering AIA China a future-proof infrastructure for customer service excellence.

Leadership Commentary 

“Renewing this partnership reflects AIA China’s trust in our ability to deliver transformative AI solutions,” said Spokesperson of Xiao-I Corporation. “By embedding Hua Zang LLM across all services, we empower clients to achieve operational agility while maintaining a human-centric customer experience.”

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including under the section entitled “Risk Factors” in its annual report on Form 20-F filed with the SEC on April 30, 2024, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For investor and media inquiries, please contact:
Ms. Berry Xia
Email: ir@xiaoi.com 

Lightweight Tech, Maximum Freedom: PGYTECH’s OneGo 2 and OneGo Rope Strap Bag Empowers Urban Creators

NEW YORK, May 6, 2025 /PRNewswire/ — On May 6, 2025, globally renowned photography accessory brand PGYTECH proudly unveils the OneGo 2 series, featuring two innovative Urban camera backpacks: OneGo 2 and OneGo Rope Strap Bag. Both offerings combine minimalist aesthetics with smart engineering, catering to urban explorers, creatives, and on-the-go professionals.

OneGo 2 Backpack: Minimalist, Stylish, And Ready For Everything
Crafted for those who value timeless design and intuitive functionality, the OneGo 2 Backpack redefines comfort and convenience:

  • Engineered Comfort: Ergonomically sculpted, breathable multi-layer back panel ensures all-day support.
  • 180° Clamshell Access: Instantly organize or retrieve gear with its full-rear opening.
  • Customizable Storage: Flexible compartments adapt to your needs, secured by a one-handed magnetic closure system.
  • Lightweight Durability: Splash-resistant fabric paired with a streamlined build keeps you agile in any weather.

Ideal for Daily Commute, Creative Shoots, Weekend Getaways and Pro Shoots, this backpack transforms chaos into order—effortlessly.

OneGo Rope Strap Bag: Capture Life Colorfully
A sleek hybrid of camera bag and everyday carryall, the Rope Strap Bag merges practicality with understated elegance:

  • Ultra-Light Versatility: Featherweight nylon construction with splash resistance for urban resilience.
  • Expandable Capacity: Hidden bottom zipper unlocks more space, while adjustable dividers secure camera gear (fits 1 camera + one 70-200mm lens).
  • Modular Attachments: Convert seamlessly between crossbody, sling, or handheld carry.
  • Elevated Aesthetic: Clean lines and muted tones complement casual or polished outfits.

Perfect for photographers, weekend adventurers, or anyone craving a minimalist yet capacious daily companion.

Availability & Pricing
The OneGo 2 Backpack and OneGO Rope Strap Bag are available now at PGYTECH official website and select retailers worldwide.

About PGYTECH:

Founded in 2015, PGYTECH strives to develop professional photography peripherals including camera bags, all-in-one camera kits and supports to deliver excellent products and aftersales service. After near 10 years of steady growth, PGYTECH has emerged as one of the leading brands in global photography accessories, delivering more efficient and enjoyable shooting experiences to photography enthusiasts in over 100 countries and regions, which makes creation easier.

True Global Ventures Doubles Down on BookitnGo as Claritas Leads Series A Round to Accelerate AI-Powered Travel Tech

PALO ALTO, Calif., May 6, 2025 /PRNewswire/ — True Global Ventures (TGV) is proud to announce its continued and increased support for BookitnGo, participating in the company’s latest Series A funding round led by Claritas Capital, a leading growth equity investor. This milestone marks a new chapter for BookitnGo as it solidifies its position at the forefront of AI-powered travel and hospitality innovation.

Claritas’s leadership in the round brings strategic firepower and deep operational expertise to support BookitnGo’s continued expansion. For TGV, this was an opportunity to double down on conviction: the firm joined with a super pro rata investment, reinforcing its strong belief in the company’s momentum, vision, and execution.

Since TGV’s initial investment, BookitnGo has scaled rapidly growing nearly 8x year-over-year and transforming from a promising disruptor into a high-performance platform reshaping the $1.6 trillion global travel industry. Monthly growth has averaged over 15%, and current projections indicate this pace will continue throughout 2025.

The company has surpassed $5.5 million in gross merchandise value (GMV) and crossed $1 million in net revenue, outpacing internal expectations and placing it on track to reach profitability by Q3 2025.

This funding will enable BookitnGo to deepen its investment in AI-driven travel technology—technology that not only powers seamless, intelligent travel experiences for end users, but also empowers other travel tech companies to leverage BookitnGo’s infrastructure and innovation. As legacy systems struggle to keep pace, BookitnGo is building a flexible, forward-looking platform designed to unlock new efficiencies across the travel ecosystem.

Konrad Wawruch, Founding Partner at TGV

“This is a business delivering real traction at a remarkable pace, and one that is turning AI innovation into tangible outcomes,” Konrad said. “With Claritas joining the journey, BookitnGo is poised to scale faster, expand its partner network, and set new standards for the future of travel.”

Claritas Capital – Theresa Sexton, Managing Partner

“Bookit N Go is delivering transformative travel infrastructure in some of the world’s fastest-growing economies. By bringing intelligent automation and real time optimization to markets like India and the Middle East, they are enabling a new standard of access and efficiency for travel agents. At Claritas, we are proud to support a company scaling globally with such clear velocity.”

Bookit N Go – Aman Mohindra CEO

Bookit N Go is excited to have Claritas lead this round and appreciate TGV for doubling down with their continued conviction and partnership. We’re building AI-powered travel tech that’s built to scale—making travel simpler and more intuitive for consumers, while helping travel businesses around the world tap into smarter tools to grow and compete.

In addition to product development, the new capital will also support expansion of go-to-market initiatives, onboarding of B2B partners, and margin optimization through predictive demand insights and inventory strategies. In an industry marked by fragmentation and legacy tools, BookitnGo is demonstrating what’s possible when AI, speed, and simplicity come together.

With this round now complete, BookitnGo enters its next phase of growth—one defined by intelligent scale, smart execution, and leadership in redefining how the world experiences travel.

About True Global Ventures

True Global Ventures is a global venture capital firm investing in serial entrepreneurs building category leaders in AI and blockchain. With a focus on scalable, revenue-generating platforms, True Global Ventures has two funds: TGV 4 Plus Fund (early stage) and TGV Opportunity Fund (late stage). The firm focuses on technology-driven businesses like late-stage AI applications, with a strong track record in Enterprise AI and blockchain investments, supporting ventures that drive transformative change.

About Claritas Capital

Claritas Capital is a Nashville-based investment firm focused on supporting innovative growth-stage companies in technology and healthcare. With a strong track record of partnering with exceptional entrepreneurs, Claritas brings strategic guidance and long-term capital to help businesses achieve scale and industry leadership.

About Bookit N Go

Bookit N Go is a fast-growing BtoB AI-powered travel platform redefining how modern travelers discover, plan, and book their journeys. By leveraging predictive inventory management, intelligent recommendations, and seamless user experiences, the platform delivers personalized travel solutions with unmatched efficiency.

For more information, visit www.tgv4plus.com

Beatbot Solidifies Position as the Industry’s Fastest-Growing Robotic Pool Cleaning Brand, Accelerates Expansion in US and Europe

RICHMOND, Texas, May 6, 2025 /PRNewswire/ — Beatbot, a global leader in cutting-edge robotic pool cleaning technology, announced record-breaking growth in the US and European markets today, reinforcing its dominance in pool cleaning robotics. The milestone comes as the company kicks off its annual Beatbot Day celebrations throughout May, honoring innovation and customer loyalty. With rapid market share gains and plans for further European expansion in 2025–2026, Beatbot continues to redefine smart, efficient pool maintenance.

Beatbot – The Fastest-Growing Brand of Robotic Pool Cleaner on Amazon US & EU
Beatbot – The Fastest-Growing Brand of Robotic Pool Cleaner on Amazon US & EU

Rapid Leadership in Premium Pool Robotics

In the highly competitive premium robotic pool cleaning segment (products above $1,400), Beatbot has emerged as the #1 brand in less than two years since its launch. Its rapid ascent has disrupted traditional players, dominating Amazon’s Best Seller Top 50 and the Amazon New Releases list, with the AquaSense 2 topping the latter. Despite a price point significantly above competitors’, Beatbot’s advanced technology, luxurious aesthetics, and superior performance have driven unmatched demand.

Record Market Growth in the US and Europe

Beatbot is now the fastest-growing robotic pool cleaning brand globally, with remarkable traction in key markets:

  • US Market: Beatbot captured a 90% share in the premium segment (priced above $1,400) and achieved a 268% year-over-year growth in market share on Amazon US (Q1 2024 vs. Q1 2025).
  • EU Sales Growth: From February to March 2025, the brand experienced 535.63% month-on-month growth on Amazon EU, signaling rapid consumer adoption.

Global Reach and Future Expansion

Already serving thousands of families across 20+ countries, Beatbot plans to deepen its presence in Europe, Australia, and South America in the coming years.

“Our US and European growth proves that customers prioritize cutting-edge technology and performance when it comes to pool care,” said York Guo, CMO at Beatbot. “As we expand into new European markets and beyond, we’re committed to delivering unmatched innovation for luxury pool maintenance.”

Sources: Beatbot’s internal annual report for 2024 and Seller Sprite

About Beatbot

Beatbot is the fastest-growing robotic pool cleaning brand globally, revolutionizing swimming pool care through cutting-edge automation. Founded by industry experts with decades of experience in robotics, Beatbot combines sleek, durable design with unmatched engineering—earning global acclaim, including the prestigious iF Design Award and Red Dot Award for its premium aesthetics and user-centric innovation.

With offices worldwide and a powerhouse R&D Team (70% of its workforce), Beatbot pioneers core technologies like brushless water pumps, AUV spatial locomotion, sonar laser SLAM, and AI-powered mapping algorithms. The company holds 221+ patents (128 for inventions), cementing its leadership in redefining pool maintenance.

From award-winning product design to hassle-free smart solutions, Beatbot is committed to transforming how the world cleans its pools—elevating performance, sustainability, and luxury.

Learn more: www.beatbot.com

Formosa Pharmaceuticals and Almac Discovery Announce Licensing Agreement for ALM-401, a First-in-Class Bispecific ADC targeting EGFR/ROR1 for the Treatment of Solid Tumors

TAIPEI, May 6, 2025 /PRNewswire/ — Taiwan-based Formosa Pharmaceuticals (“Formosa”, 6838.TW) announced that the company has entered into an exclusive licensing agreement with Almac Discovery, a Northern Ireland-based research driven drug discovery company, for exclusive rights to the commercialization of ALM-401, a first-in-class, bispecific antibody drug conjugate (ADC) for the treatment of solid tumors characterized by the dual expression of EGFR and ROR1. Almac Discovery focuses on protein homeostasis and next-generation antibody drug conjugates. Their portfolio of preclinical and clinical stage drug candidates comprises both small and large molecule modalities, and benefits from collaboration and licensing partnerships with global R&D-focused biotech and pharmaceutical organisations. The licensing agreement includes upfront payment and development milestones, with additional considerations through approval and post-commercialization.

ALM-401’s core is a novel bispecific antibody engineered to be smaller in size by utilizing a single-chain architecture. This critical attribute potentially enhances epitope engagement and tumor penetration, and is designed to improve ease of manufacturing. The ADC has demonstrated durable and sustained tumor regressions in multiple solid tumor models, such as NSCLC, whilst also inducing a pronounced bystander effect to further boost overall therapeutic effect.

“Formosa Pharma is pleased to have this opportunity to bring ALM-401 into our development pipeline. This novel, next-generation ADC complements our corporate strategy and resources and promises to deliver a differentiated therapy to cancer patients worldwide. We look forward to collaborating closely with Almac Discovery in advancing this exciting program through clinical trials, commercialization, and beyond.” said Dr. Erick Co, President and CEO of Formosa Pharmaceuticals.

“We are pleased to have met Formosa’s exacting selection requirements for Next Generation ADC candidates,” said Dr Stephen Barr, President and Managing Director of Almac Discovery. “This agreement allows the seamless progression of the molecule into clinical evaluation, driven by Formosa.”

About Formosa Pharmaceuticals, Inc.

Formosa Pharmaceuticals, Inc. (6838.TW) is a clinical stage biotechnology company with primary focus in the areas of ophthalmology and oncology.  The company’s flagship program, APP13007, is a novel topical formulation of the potent corticosteroid, clobetasol propionate, and was approved by the US FDA in 2024 for the treatment of post-operative inflammation and pain following ocular surgery, with multiple regional licensing partners worldwide.  The company’s proprietary nanoparticle formulation technology (APNT®), through which APP13007 was developed, improves the dissolution and bioavailability of APIs for topical, oral, and inhaler administration.  For more details about Formosa Pharma, visit www.formosapharma.com.

About Almac Discovery:

Almac Discovery has drug discovery facilities in Belfast, Edinburgh and Manchester. It is led by an experienced team with a track record in delivering successful pre-clinical programmes. Internal capabilities include discovery biology and bioinformatics, protein engineering, medicinal chemistry and translational sciences. Almac Discovery utilises its unique blend of protein engineering and small molecule capabilities to create and develop First in Class and Best in Class NCEs through to the pre-clinical candidate/IND-ready stages, after which it seeks to collaborate with partners to accelerate their development.

The Almac Discovery business benefits from collaboration and licensing partnerships with global R&D-focused biotech and pharmaceutical organisations.

For more details about Almac Discovery, visit www.almacgroup.com/discovery.

GREATER DES MOINES PARTNERSHIP TO ADVOCATE FOR 2025 FEDERAL POLICY AGENDA AT DMDC

GREATER DES MOINES, Iowa, May 6, 2025 /PRNewswire/ — The Greater Des Moines Partnership will lead a group of business and community leaders to Washington, D.C. for its annual DMDC trip on Wednesday, May 7 – Friday, May 9. During the trip, the delegation will advocate for The Partnership’s 2025 Federal Policy Agenda. The agenda is compiled by The Partnership’s Government Policy Council, which is made up of Investors and Affiliate Chamber of Commerce Members, and approved by The Partnership’s Board of Directors. This year’s agenda includes five featured priorities:

Tax Cuts and Jobs Act 
To preserve a pro-growth, jobs and competitiveness-oriented federal tax environment, The Partnership supports addressing expiring provisions of the Tax Cuts and Jobs Act.

Housing 
The Partnership supports the expansion of housing options through funding and policies that incentivize communities and employers to invest in new and existing housing, including a Conversion Tax Credit.

Child Care
The Partnership supports increased investment and policy initiatives that expand child care options for families while ensuring long-term stability and growth within the child care workforce to meet demand, including the availability of 7A and 504 microloans to nonprofit child care providers. 

Immigration
The Partnership advocates for a modernized, efficient immigration system to help address critical workforce shortages and drive economic prosperity, including the expansion of the Conrad 30 waiver program.

Designating U.S. 65 as an Interstate
The Partnership supports designating U.S. 65 as an interstate and supporting a federal increase in weight and size limits and exemptions on the corridor.

View the full Federal Policy Agenda for more details.

“I am honored to work alongside such a dedicated and collaborative group like our Partnership Investors and Members to complete the 2025 Federal Policy Agenda,” said Daryl Bouwkamp, Sr. Director Industry, International & Government Relations at Vermeer Corporation and 2025 Chair of The Partnership’s Government Policy Council. “Real progress happens when we work together toward a common goal. By aligning our efforts and bringing diverse perspectives to the table, we create a stronger region. We look forward to continuing to work with our Congressional delegation to advance policies that help our 12-county region and state grow.” 

2025 sponsors of DMDC include Gold Sponsors Principal® and Delta Dental of Iowa, and Silver Sponsors Grinnell College, the Iowa Pork Producers Association, Nyemaster Goode, P.C. and The Weitz Company, and Bronze Sponsors Hubbell Realty Company and Des Moines International Airport.

About the Greater Des Moines Partnership
The Greater Des Moines Partnership is the economic and community development organization that serves 12 counties in Greater Des Moines (DSM), Iowa: Adair, Clarke, Dallas, Guthrie, Jasper, Madison, Mahaska, Marion, Marshall, Polk, Poweshiek and Warren. Together with more than 400 Investors and an Affiliate Chamber of Commerce network of more than 6,700 Regional Business Members, The Partnership drives economic growth and talent development to advance quality of life in DSM with one voice, one mission and as one region. Through innovation, strategic planning and global collaboration, The Partnership grows opportunity, helps create jobs and promotes DSM as the best place to build a business, a career and a future. Learn more at DSMpartnership.com .

Contact:
Kyle Oppenhuizen
koppenhuizen@DSMpartnership.com
(515) 286-4972
Learn More About DSM USA

Arkieva recognized as a 2025 Top Logistics and Supply Chain Technology Provider

For the second straight year, Inbound Logistics selects Arkieva from competitive field for spot on list of top 100 technology providers

WILMINGTON, Del., May 6, 2025 /PRNewswire/ — Arkieva, an industry leading supply chain planning and consultation provider, announces recognition by Inbound Logistics as a Top 100 Logistics and Supply Chain Technology Provider for 2025. The editors of Inbound Logistics selected Arkieva because of the company’s powerful supply chain planning and scheduling solutions that combine best-fit technology with expert guidance to enable businesses to thrive and scale in dynamic markets.

“With the supply chain disruptions of recent years, we’re seeing demand for software that empowers businesses to adapt to changes in the market with speed and confidence,” says Sujit Singh, Chief Operating Officer, Arkieva. “Being selected for this competitive list is further proof that our solutions enable businesses to leverage supply chain technology to drive transformation and better serve their customers.”

This year’s top 100 technology providers emerged from a crowded, competitive field of over 400 candidates. The list highlights a wide variety of offerings, from supply chain technology staples like transportation management systems and warehouse management systems to emerging technologies like AI and robotics.

Arkieva also made the 2024 edition of the top 100 list, recognizing the company’s simple, intuitive solutions that provide powerful, data-driven analytics to help inform strategic and tactical supply chain decisions for businesses in industries like food and beverage, manufacturing, wholesale and more. Arkieva solutions handle supply chain planning and scheduling for companies like Wells Enterprises, Tata Consumer Products, PGP Glass and more.

To access an image, click here.

About Arkieva 
For more than 30 years, Arkieva has helped global enterprises drive business transformation through improved supply chain processes. The company’s demand, inventory, supply and integrated business planning solutions increase growth and profits, and provide the agility and efficiency needed to respond to an ever-changing supply chain environment. Our approach combines strategic consultation, powerful software technologies and iterative implementation to deliver scalable solutions tailored to the complexities of each customer’s operations. Arkieva’s culture of innovation keeps customers like Continental Foods, Linde and Owens Corning at the forefront of supply chain planning.

Arkieva is headquartered in Wilmington, Delaware USA with offices in Antwerp, Belgium and Mangalore, India. For more information, visit www.arkieva.com.

CONNECT WITH ARKIEVA

Arkieva Media Contact:
Kristan Theile
Director of Marketing, Arkieva
513-376-0300
ktheile@arkieva.com

 

DXC Launches Insurance SaaS Solution Availability in AWS Marketplace

ASHBURN, Va., May 6, 2025 /PRNewswire/ — DXC Technology, a leading Fortune 500 global technology services provider, today announced that its suite of DXC Assure SaaS insurance solutions is now available in AWS Marketplace, a digital catalog that helps you find, buy, deploy, and manage software, data products, and professional services from thousands of vendors. The availability of DXC Assure SaaS insurance solutions in AWS Marketplace streamlines the purchase and management of DXC solutions for AWS customers.

“Making our insurance solutions available in AWS Marketplace demonstrates our commitment to meeting our customers wherever they are on their digital transformation journeys and delivering business value at every step along the way,” said Ray August, President, Insurance Software & Business Process Services (ISB) for DXC. “By leveraging AWS, DXC continues to help insurers drive operational efficiencies, enhance security, and improve customers’ experiences.” 

The initial solutions now available in AWS Marketplace include the DXC Assure Platform, DXC Assure BPM (powered by ServiceNow), DXC Assure Life+, DXC Assure Claims, DXC Assure Legal, and DXC Assure Legal Insights, with additional releases expected throughout 2025. These solutions allow insurers to leverage AI-powered tools for claims management, litigation, business process automation, and full-spectrum life and annuity insurance workflows.

DXC and AWS share a longstanding history in the insurance sector, with over 30 million policies managed by DXC software built on AWS. The availability of DXC’s Assure SaaS insurance solutions in AWS Marketplace marks a new milestone in this collaboration, one that has already supported major transformations for global insurers. To date, the collaboration has led to over 200 DXC customer migrations to AWS.

As the leading provider of core insurance systems, DXC continues to innovate, helping insurers reduce complexity and costs across the 13 million policies it administers. With over 40 years of industry expertise, DXC is the trusted partner of choice for 80% of the insurers listed in Fortune’s Global 500. To learn more, visit DXC Insurance Software & BPS.

About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com