AISpeech Technology’s application to list on the Shanghai Stock Exchange’s Star Market was accepted on May 25, with Soochow Securities serving as the sponsor. The conversational artificial intelligence company plans to raise RMB 1.555 billion (USD 228.9 million) through the IPO, according to its prospectus.
Founded in 2007, AISpeech develops conversational AI, on-device intelligence technologies, and intelligent human-computer interaction (HCI) products. Through its proprietary customization platform, it provides system-level HCI products and solutions for smart mobility, smart office, and internet-of-things (IoT) applications.
The company said its offerings combine cloud-edge collaboration with hardware-software integration. They are designed to help customers upgrade products and operations, create more natural HCI experiences, support next-generation smart devices and agents, and improve deployment efficiency.
For smart devices, conversational AI has become an important interface for human-computer interaction. Deploying it at scale requires full-stack AI capabilities across three areas: algorithmic models, on-device deployment, and flexible delivery.
AISpeech positions itself differently from providers of single-point AI capabilities, saying it has built its technology system around those three areas:
