Welcome to our dedicated page for Gaxos.ai news (Ticker: GXAI), a resource for investors and traders seeking the latest updates and insights on Gaxos.ai stock.
Gaxos.ai Inc. develops artificial intelligence applications across consumer, creator, commercial and defense-related markets. News about GXAI centers on the Gaxos Labs product ecosystem, including AI music generation, AI chat, AI 3D model creation, video generation, text humanization and an AI-powered sales coaching platform built for AWS-native infrastructure.
Company updates also cover strategic technology relationships and its 19.99% stake in America First Defense, a defense technology company developing drone, robotics and counter-UAS systems. Recurring themes include platform feature rollouts, user-engagement disclosures, partnership economics, counter-drone licensing, advisory-council additions and deployment of AI-enabled defense infrastructure.
Gaxos.ai (NASDAQ: GXAI) closed a warrant exercise transaction involving up to 3,007,654 existing warrants, originally issued in December 2024 and September 2024, repriced to an exercise price of $1.20 per share from prior ranges of $2.33–$3.32.
According to the company, the cash exercises generated approximately $3.6 million in gross proceeds, before placement agent fees and expenses. In return for the immediate cash exercise, Gaxos issued new unregistered warrants to purchase up to 6,015,308 shares of common stock, exercisable at $0.95 per share and expiring three years after the effective date of a planned resale registration statement. Net proceeds are expected to be used for working capital and general corporate purposes.
Gaxos (NASDAQ: GXAI) has entered into definitive agreements for the immediate cash exercise of certain outstanding warrants covering up to 3,007,654 shares, originally issued in December and September 2024, at a reduced exercise price of $1.20 per share instead of $2.33–$3.32.
In return, Gaxos will issue new unregistered warrants to purchase up to 6,015,308 shares at an exercise price of $0.95, exercisable immediately and expiring three years after the effective date of a planned resale registration statement. The transaction is expected to generate approximately $3.6 million in gross proceeds before fees, expected to close on or about August 17, 2026. According to Gaxos, net proceeds will be used for working capital and general corporate purposes, and H.C. Wainwright & Co. is acting as exclusive placement agent.
Gaxos (NASDAQ: GXAI) reported record second-quarter 2026 consolidated revenue of approximately $2.46 million, up 35.8% from the first quarter and 1,337% from the prior-year quarter. GAAP net income was $241,056, or $0.02 per basic and diluted share, primarily driven by a gain from the sale of gaming assets.
Advertising and marketing expense was about $3.14 million, up roughly 13.5% sequentially, while revenue per advertising dollar improved around 20% to $0.78. Advertising spend fell to about 128% of revenue from 153% in Q1. During the quarter, Gaxos sold substantially all gaming assets to Game Foundry AI in exchange for 2.2 million Game Foundry AI shares valued at approximately $1.76 million, and it continues to hold a 19.99% interest in America First Defense.AI.
Cash and short-term investments totaled roughly $11.44 million as of June 30, 2026, compared with $11.71 million on March 31, 2026. Gaxos raised about $1.0 million via its at-the-market offering and had 10,744,634 common shares outstanding as of August 12, 2026.
Gaxos (NASDAQ: GXAI) announced that its Board of Directors has authorized a new share repurchase program allowing the company to buy back up to $1,000,000 of its common stock from time to time. CEO Vadim Mats said the decision reflects the board’s view that the current stock price does not reflect Gaxos’ underlying value and that market conditions support a measured buyback to enhance shareholder value.
The company noted that the timing, number of shares, and prices will depend on liquidity, cash flows, market conditions, and regulatory and corporate limits. The program does not obligate Gaxos to repurchase any specific amount and can be suspended or discontinued at the company’s discretion.
Gaxos (NASDAQ: GXAI) outlined a focused operating strategy following the completed sale of substantially all gaming assets, including Gaxos Gaming Labs, to Game Foundry AI for an estimated $1.76 million in consideration via 2.2 million Game Foundry AI shares.
According to Gaxos, Q1 2026 revenue rose to $1.81 million from about $24,000 in Q1 2025, including approximately $1.25 million from majority-owned RNK Health and around $563,000 from Gaxos Labs subscriptions. The company plans to concentrate resources on revenue-generating AI applications and RNK Health’s personalized health and wellness products, prioritize customer-acquisition efficiency and disciplined capital allocation, and report separately on its 19.99% stake in America First Defense.AI to distinguish operating performance from strategic investments.
Gaxos (NASDAQ:GXAI) completed the sale of its gaming assets, including mobile games and Gaxos Gaming Labs, to privately held Game Foundry AI in an all-stock deal valued at approximately $1.76 million.
The move is described as a decisive step to exit non-core gaming, streamline operations, and concentrate resources on revenue-generating, higher-margin AI business lines. Gaxos also purchased 250,000 Game Foundry AI shares for $200,000, gaining an equity position in the buyer.
Gaxos (GXAI) announced that Amazon Web Services committed additional funding to accelerate Gaxos Labs’ AI-powered sales coaching platform. The AWS-backed initiative, developed with AWS Premier Tier partner Caylent, targets enterprise-scale deployment in the multibillion-dollar sales technology market.
The platform aims to offer live call transcription, automated coaching intelligence, post-call analytics, and performance optimization tools, which Gaxos believes can strengthen commercial positioning, credibility with enterprise customers, and future revenue opportunities.
Gaxos Labs (OTC:GXAI) expanded its Gaxos Labs product ecosystem on April 16, 2026 by adding AI Music Generation, AI Chat, and AI 3D Model Creation. The rollout reportedly increased user engagement across the AI portfolio, strengthening the company’s multi‑modal generative AI offering for creators and commercial users.
Gaxos says the features broaden functionality across image, video, music, and text humanization, and that continued product enhancements are central to its strategy to deepen engagement and retention.
Gaxos (NYSE:GXAI) said on March 24, 2026 that portfolio company America First Defense began deployment of the Anduril Lattice Platform, expanding its Counter-Swarm UAV and anti-drone defense systems.
Gaxos said the integration advances AFD’s AI-enabled detection, tracking, command-and-control, and scalable counter-UAS capabilities.
Gaxos (NASDAQ:GXAI) announced on March 18, 2026 that its portfolio company, America First Defense (AFD), has been accepted into Anduril’s Lattice Program. This milestone strengthens AFD’s positioning in the counter-drone (counter-UAS) market and aligns it with an advanced defense ecosystem aimed at mission-level integration and situational awareness.
The company says the acceptance may increase AFD’s visibility, support strategic growth, and open future opportunities across defense, homeland security, and critical infrastructure customers.