Gaxos.AI Stock Price, News & Analysis

Gaxos.ai Inc. (GXAI) has achieved a significant milestone with the approval of its Gaxos Labs for Game Developers and Publishers product for listing on the Amazon Web Services (AWS) Marketplace. This strategic development enables Gaxos to reach millions of AWS customers across 245 countries and territories. The AWS Marketplace integration offers key advantages including streamlined procurement, simplified billing through AWS accounts, instant scalability, and subscription-based recurring revenue.

The listing transforms Gaxos Labs from a standalone SaaS solution into a cloud-native, enterprise-grade service within AWS's ecosystem. Key benefits include immediate exposure to active AWS customers, ability for customers to use AWS Credits for payment, built-in billing integration, global scalability with automated deployment, and qualification for co-selling with Amazon's global sales force.

Gaxos.ai (GXAI) has officially launched its AI-powered health mobile application for iOS and Android platforms. The Gaxos Health app utilizes proprietary algorithms to deliver personalized wellness protocols across nutrition, fitness, supplementation, and behavioral coaching.

The app's key features include:

• AI-assisted personalized health routines
• Nutrition and macronutrient planning
• Customized exercise programs
• Core habit development
• Supplement recommendations
• Habit and meal tracking capabilities
• Adaptive plan customization

The company aims to tap into the multi-trillion-dollar health and wellness industry through this application, which combines biomarker testing, personalized plans, and live coaching services to optimize human performance.

Gaxos.ai has announced the acquisition of AI technology to enhance its content creation capabilities. The strategic purchase immediately expands Gaxos Labs' capabilities and strengthens the company's AI development initiatives.

The acquired technology includes advanced features such as:

• Text-to-speech (TTS)
• High-quality image generation
• Dynamic video assembly
• Instant narration
• Enhanced styling
• Script automation

CEO Vadim Mats emphasized that this acquisition strengthens their AI ecosystem and accelerates their position in AI-powered content creation.

Gaxos.ai (Nasdaq: GXAI), an artificial intelligence applications developer, has announced its reincorporation from Delaware to Nevada. The reincorporation, which was approved by the board of directors and stockholders at the Annual Meeting on December 27, 2024, places the company under Nevada Revised Statutes.

The transition will not affect any existing contracts, business operations, management structure, or board composition. Stockholders will not need to exchange their current stock certificates, and the company's shares will continue trading on the Nasdaq Capital Market under the same 'GXAI' symbol.

Gaxos.ai, an artificial intelligence applications developer, has announced its participation in the upcoming Sequire Investor Summit taking place from January 21st to 23rd in San Juan, Puerto Rico. Vadim Mats, CEO of Gaxos, expressed enthusiasm about the opportunity to present the company's initiatives to investors and participants at the summit.

The company views this event as a significant platform to showcase their offerings and demonstrate their commitment to creating shareholder value. Interested parties can schedule meetings with Gaxos representatives during the conference by contacting ir@gaxos.ai.

Gaxos.ai Inc. (NASDAQ: GXAI) has successfully closed a registered direct offering of 1,346,669 shares of common stock at $3.00 per share, raising approximately $4 million in gross proceeds. The company also issued unregistered warrants in a concurrent private placement to purchase up to 1,346,669 shares at an exercise price of $3.00 per share, valid for three years. H.C. Wainwright & Co. served as the exclusive placement agent. The net proceeds will be used for working capital and general corporate purposes. This offering brings Gaxos's total gross proceeds raised in December 2024 to approximately $9 million.

Gaxos.ai (Nasdaq: GXAI) has announced a $4 million registered direct offering priced at-the-market under Nasdaq rules. The company will sell 1,346,669 shares of common stock at $3.00 per share. Additionally, in a concurrent private placement, Gaxos will issue unregistered warrants to purchase up to 1,346,669 shares with an exercise price of $3.00 per share, exercisable upon issuance and expiring after three years.

The offering, expected to close around December 30, 2024, is being managed by H.C. Wainwright & Co. as the exclusive placement agent. The company plans to use the net proceeds for working capital and general corporate purposes. The common stock shares are being offered through a shelf registration statement, while the warrants are being issued through a private placement.

Gaxos.ai has announced the successful integration of Meshy 4 into their AI solution for game developers, Gaxos Labs. The update enhances 3D model creation capabilities, allowing users to fine-tune mesh topology, control polygon counts, and produce higher-quality 3D models more efficiently.

The key features include dynamic mesh topology with quad- or triangle-based mesh options, polycount limitation for optimal performance, improved geometry quality, and accelerated workflows. These enhancements enable creators to customize 3D assets for specific needs, from character animations to complex environments, while maintaining resource efficiency and real-time engine compatibility.

Gaxos.ai (Nasdaq: GXAI) has closed its previously announced registered direct offering, raising $5 million through the sale of 1,449,277 common stock shares at $3.45 per share. The company also issued unregistered warrants in a concurrent private placement to purchase up to 1,449,277 shares at an exercise price of $3.32 per share, exercisable immediately and expiring in three years. H.C. Wainwright & Co. served as the exclusive placement agent. The net proceeds, after deducting fees and expenses, will be used for working capital and general corporate purposes. The common stock shares were offered under a shelf registration statement, while the warrants were issued privately under Section 4(a)(2) of the Securities Act.