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Reading: Xiao-I Boosts HR for HK Public Sector with AI, Generates 8M HKD
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Xiao-I Boosts HR for HK Public Sector with AI, Generates 8M HKD

PRNewswire
2 years ago
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Xiao-I Corporation, a leading AI enterprise, announced a strategic agreement with an undisclosed Hong Kong public sector client. This engagement further solidifies Xiao-I’s reputation and expands its footprint in the Hong Kong public sector, and is projected to generate initial revenue of approximately 8 million Hong Kong dollars. Through this collaboration, Xiao-I will leverage its proprietary HuaZang Large Language Model (LLM) as the foundational model, with Chatbot application, to enhance the client’s existing HR operations, enabling an AI-driven transformation of their internal workflows.

HuaZang LLM powered Chatbot has been specifically tailored to meet the unique HR needs of the client, delivering a suite of AI-powered functionalities to enhance operational efficiency. The Chatbot supports a range of HR tasks, handling personnel inquiries, providing guidance to users, and automating notifications for essential HR processes such as onboarding and offboarding, housing benefits, provident fund management, medical benefits, and compensation inquiries. HuaZang’s continuous data categorization and learning capabilities ensure it becomes progressively more effective and aligned with the client’s evolving requirements.

The agreement follows a recurring revenue structure under Xiao-I’s “Model-as-a-Service” (MaaS) framework, enabling a predictable and scalable revenue stream for Xiao-I. As HuaZang adapts to new data over time, it enhances the “stickiness” of the service, positioning Xiao-I as a long-term strategic partner for the client.

“This collaboration underscores our capacity to drive impactful digital transformation in public sector settings, and we see it as a foundation for expanding our presence among Hong Kong public sector,” said Hui Yuan, CEO of Xiao-I Corporation. “Our solution not only brings immediate value with an 8 million HKD initial revenue impact but also provides a dynamic tool that adapts to our clients’ needs over time.”

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