10:31 AM EDT, 05/24/2024 (MT Newswires) -- Xiao-I ( AIXI ) said Friday it formed a partnership with a "major" unidentified Chinese bank to help improve its access and management of business-related information.

Financial terms weren't disclosed.

The artificial intelligence company's Intelligent Knowledge Management System automates the collection and curation of knowledge, the company said.

Xiao-I ( AIXI ) shares were down 3.8% in recent trading.

Price: 1.01, Change: -0.04, Percent Change: -3.81