SHANGHAI, Sept. 30, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI), a leading developer of AI solutions, today provided an update on its VIE's ongoing patent infringement lawsuit with Apple Computer Trading (Shanghai) Co., Ltd., Apple, Inc., and Apple Computer Trading (Shanghai) Co., Ltd. (together and collectively, "Apple") (the "Lawsuit"). The Lawsuit, which involves claims that Apple infringed on VIE's intellectual property related to artificial intelligence technology, reached a new phase in the legal proceedings.
On September 24, 2024, the Shanghai High People's Court (the "Court") held a hearing on the case, both VIE's and Apple's legal teams were in attendance for the hearing, which marks the latest step in this dispute.
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