BEIJING, November 1, 2024 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop provider of AI video solutions, has been selected in the list of “TOP 30 educational technology products in AI.” Recently, the first forum on educational applications of artificial intelligence and exhibition of educational technological achievements of AI, organized by the Beijing Educational Information Industry Alliance and under the leadership of the Committee of Artificial Intelligence and robot education of the Chinese Society for Education Development Strategy, were organized. grandly held in Beijing.

At this forum, Baijiayun, relying on its own advantages in knowledge services and technical solutions, was selected into the “Top 30 AI Education Technology Products” list. More than 1,000 AI education experts and scholars, principals, frontline teachers, and representatives of edtech companies from across the country gathered to witness this glorious celebration.

Using technology as a driving force to create a new generation of knowledge dissemination tools “DuanXunBao”

In 2024, the government work report explicitly highlights that it is necessary to deepen the research, development and application of big data, artificial intelligence and other fields, and take action “artificial intelligence +”. The “Top 30 AI Education Technology Products” brought together many innovative AI education products, aiming to recognize the outstanding contributions of these products to promoting the development of AI education. The award-winning companies are leaders with outstanding innovation achievements in various sectors, driving innovation and development through an innovative business model or advanced digital technologies.

As a pioneer in the field of audio and video technology services, Baijiayun has been leading industry standards with its exceptional service and innovative technological capabilities since its establishment in 2017. Baijiayun has helped thousands of businesses educational institutions and public schools to successfully carry out online services with the industry. -state-of-the-art audio and video technologies.

Aiming at the long-term knowledge remuneration scenario, Baijiayun combined live classroom teaching, SCRM and online school management to launch a brand new product, “DuanXunBao”, to facilitate knowledge monetization, accelerate the live streaming and marketing of various courses. conversion.

As a next-generation knowledge dissemination tool, DuanXunBao fully integrates various new technologies to facilitate knowledge monetization. Recently, DuanXunBao launched the video red envelope function and focused on iterative updates around functions such as distribution, group purchasing, points earning and membership, etc. DuanXunBao enjoys wide trust among knowledge creators, education and training companies.

In the future, DuanXunBao will continue to provide energy for the delivery of various courses and employ new marketing strategies to rejuvenate the industry ecosystem and improve its intelligent capabilities.

Continuously develop energy-saving technologies and use artificial intelligence technologies to advance the development of the education sector

Science and technology change the world and innovation guides the future. Baijiayun has always been committed to empowering education through technology and is dedicated to helping educators and learners achieve more.

In 2023, AIGC technology has swept the world. Baijiayun’s live and on-demand products have rapidly integrated AIGC technology and have been able to provide a mature AIGV video production platform, exclusive digital human customization, AI intelligent assistants, AI intelligent contours and AI learning companion functions. Baijiayun has integrated ChatGPT’s capabilities into various aspects such as lesson preparation, expansion of teaching methods and independent learning of students, which truly implements the power of digital intelligence in all aspects of education.

Receiving the honor of “TOP 30 AI Education Technology Products” is not only an affirmation of Baijiayun’s digital intelligence-based knowledge dissemination products, but also a recognition of Baijiayun’s technological innovation strength .

Looking to the future, Baijiayun will continuously focus on the field of audio and video technology services, constantly innovate and improve educational digital products, and continuously improve the functions and services of products with artificial intelligence technology. At the same time, Baijiayun will continue to leverage its own advantages in knowledge services and technical solutions, and actively cooperate with more partners to bring more wisdom and strength to the digital intelligence transformation of Chinese companies.

About Baijiayun Group Ltd.

Baijiayun is a one-stop AI video solutions provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering high-quality, reliable video experiences across all devices and locations and has grown rapidly since its inception in 2017. Leveraging its industry-leading video technologies, Baijiayun offers a host of video-centric technology solutions, including video. SaaS/PaaS, Video Cloud and software, and Video AI and system solutions. Baijiayun meets the evolving communication and collaboration needs of businesses of all sizes and industries. For more information, please visit ir.baijiayun.com.

Safe Harbor Statement

This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ prospects and expectations, are forward-looking statements. The words “expects,” “expects,” “believes,” “estimates,” “intends,” and “plans” and similar expressions indicate forward-looking statements.

These forward-looking statements are inherently uncertain, and shareholders and other potential investors should recognize that actual results may differ materially from expectations due to various factors. These forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which are difficult to predict or control, that may cause actual results, performance or actual plans differ significantly from those of any other factor. any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments could cause the Company’s estimates to change.

The Company specifically disclaims any obligation to update any forward-looking information in the future. Accordingly, such forward-looking information should not be relied upon as representing the Company’s estimates regarding its future financial performance as of any date subsequent to the date of this press release.

A more detailed list and description of risks and uncertainties can be found in documents the Company has filed or furnished or may file or furnish with the United States Securities and Exchange Commission, which we encourage you to read. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, actual results could differ materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they were made, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they were made, except if required by applicable law or regulation.

For investor and media inquiries, please contact:

Company contact:

Ms. Fangfei Liu

Chief Financial Officer, Baijiayun Group Ltd

Telephone: +86 25 8222 1596

E-mail: (email protected)