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(Investorideas.com
Newswire) a go-to platform for big investing ideas, including AI
stocks, issues a news and trading alert for Xiao-I Corporation
(Nasdaq:AIXI)
The stock is trending and makes the Nasdaq top percentage gainer
list as investors bet on the company winning a patent war.
The stock is trending and trading at $1.5250 +0.7212 (+89.72%) as of
this report on a volume of over 327 million shares.
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. www.xiaoi.com.
On March 31 Xiao-I gave an update on the ongoing patent infringement
lawsuit against Apple Computer Trading (Shanghai) Co., Ltd., Apple
Inc., and Apple Computer Trading (Shanghai) Co., Ltd. (collectively,
“Apple”) (the “Lawsuit”). The lawsuit centres on allegations that
Apple infringed on the VIE’s intellectual property rights related to
core artificial intelligence technology, with the legal proceedings
having advanced through key appellate stages since the company’s
last update.
As previously disclosed on November 1, 2024, the Shanghai High
People’s Court convened the second session of hearings in the case
on that date, following the conclusion of the trial phase on July
31, 2024. Subsequent to this hearing, on September 3, 2024, Apple
filed appeals with the Supreme People’s Court of the People’s
Republic of China (the “Supreme People’s Court”), in which Apple
sought a ruling to invalidate the core AI patents of Xiao-I’s VIE
that form the basis of the infringement claims in the lawsuit.
On March 27, 2026, the Supreme People’s Court rendered its final
second-instance judgments on Apple’s appeal. In the ruling, the
Supreme People’s Court formally rejected Apple’s application to have
Xiao-I’s VIE’s relevant patents declared invalid and affirmed the
legality and validity of such patents in full. This judgment
constitutes a final and binding ruling under the laws of the
People’s Republic of China, with no further right of appeal
available to either party in respect of the patent validity
determination.
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