 |
Dubai, UAEMay 11, 2026 /PRNewswire/ — Robo.ai Inc. (Nasdaq: AIIO), a UAE Nasdaq-listed company, following its full acquisition of cutting-edge AI data processing and compression technology company Neurovia AI Limited last week for a consideration of $100 million, today officially appointed Group Chief Operating Officer Xie Chaoyin as CEO of Neurovia AI. He will report directly to the Neurovia AI Board of Directors, overseeing the company’s strategic planning, core technology commercialization, and globalization, accelerating the commercial deployment of physical world AI infrastructure.
Robo.ai Group CEO Benjamin Zhai stated in the appointment, “Xie Chaoyin has extensive work experience at U.S. strategic consulting firms, German luxury automotive brands, and leading Chinese new energy vehicle companies. He is well-versed in international corporate operations, particularly with deep expertise in the application and commercialization of new technologies in industry scenarios. He also fully participated in and guided the strategic acquisition of Neurovia AI, gaining profound insight into the underlying technical architecture and commercial deployment of the target. The Group Board places high trust and expectations on his new responsibilities at Neurovia. I believe Mr. Xie will work with the Neurovia founding team to build a team with deep technical backgrounds, a global perspective, and commercial experience, accelerating the establishment of underlying data standards for physical world AI.”
New CEO Defines Development Path: Breaking Physical World AI Data Bottlenecks with Extreme Efficiency
Addressing his new management role and industry trends, Xie Chaoyin, combined with specific business metrics, made the following assessment of Neurovia AI’s future development:
“The AI industry is at a historic inflection point, transitioning from the digital space to the physical world. With hundreds of millions of autonomous vehicles, embodied intelligence, and edge sensors coming into operation, the world will soon face a flood of multimodal data reaching hundreds of Zettabytes (ZB) annually, of which over 80% will be high-concurrency spatial and video data. Traditional centralized cloud computing models with high latency and high bandwidth consumption can no longer support real-time interaction at this scale. Neurovia is dedicated to building efficient, low-latency, low-power underlying data infrastructure for the physical world AI era. Against the backdrop of soaring global computing, storage, and energy costs, this strategic advantage will become increasingly prominent.”
Xie Chaoyin believes: “Neurovia’s primary task at this stage is to leverage AI video intelligent compression and edge processing technologies to overcome the efficiency bottlenecks in storing, transmitting, and computing massive machine data. By significantly reducing bandwidth and storage costs for data uploading to the cloud at the edge, we directly address the industry’s pain point of cost reduction and efficiency improvement.
In the future, Neurovia will steadily advance the integration and validation of related technologies within Robo.ai’s intelligent hardware ecosystem and core scenarios such as autonomous driving and smart cities. Through solid technical delivery, we will empower the realization of the ‘machine economy.'”
About Neurovia AI
Neurovia AI Limited (www.neuroviaai.ae) is a cutting-edge provider of AI data processing and compression technologies. The company focuses on AI video intelligent compression, edge computing, and real-time analysis, dedicated to breaking through the transmission and computing bottlenecks of massive machine data. By building efficient, low-latency data infrastructure for the physical world AI era, Neurovia empowers core scenarios such as autonomous driving, smart cities, unmanned equipment, and intelligent manufacturing, driving efficient interconnection of global machine networks.
About Robo.ai Inc.
Robo.ai Inc. (NASDAQ: AIIO) is a technology company committed to building a leading global AI machine economy platform. Its mission is to integrate intelligent terminals through “AI software, intelligent hardware, and smart assets,” building a unified AI operating system and blockchain-enabled ecosystem to pioneer an intelligent future.
Forward-Looking Statements
This press release contains “forward-looking statements” as defined under the U.S. Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations. For details, please refer to the company’s filings with the U.S. Securities and Exchange Commission.