Gaxos.AI Successfully Completes Development of AI Solution for Game Developers and Publishers

Rhea-AI Summary

Gaxos.AI has announced the successful completion of its AI solution development for game developers and publishers. The solution aims to enhance revenue opportunities and expedite game development processes. The AI product is currently in closed beta, being tested by independent developers. Key features include AI-powered creativity, reducing asset development time from hours to minutes, seamless integration with Unity and upcoming support for Unreal Engine, dynamic content generation through User-Generated-AI-Content (UGAiC), and customized solutions with tailored AI models and consulting services. The company aims to leverage this advancement to deliver shareholder value.

Positive

• Successful completion of AI solution development.
• AI product in closed beta with independent developers.
• Reduces creative asset development time significantly.
• Seamless integration with Unity and future support for Unreal Engine.
• Dynamic content generation through User-Generated-AI-Content (UGAiC).
• Customizable AI models and consulting services.

Negative

• None.

News Market Reaction – GXAI

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+3.57% News Effect

On the day this news was published, GXAI gained 3.57%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Roseland, NJ, June 25, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that its gaming division, has successfully completed development of its AI solution for game developers and publishers.

“We are extremely pleased with our AI solution. We are providing game developers and publishers the ability to embed a new source of revenue within their games as well as a tool to expedite development,” said Vadim Mats, CEO of Gaxos.AI. “This is something that can set us apart as we continue our mission to deliver value to shareholders.”

The product has currently moved from initial development to closed beta and is being tested and used by independent developers of different experience levels and styles. The Company will work towards providing developers with improved usage and AI tools based on the closed beta and feedback.

Key Features

- AI-Powered Creativity: Reduces creative asset development time from hours to minutes, transforming artistic visions into reality with ease.

- Seamless Integration: With plug-and-play functionality for Unity and upcoming support for Unreal Engine, integration is effortless into existing workflows.

-Dynamic Content Generation: User-Generated-Ai-Content (“UGAiC”) feature offers new experiences with each playthrough by letting gamers use AI in real time, fostering a dynamic gaming environment.

-Customized Solutions: From personalized AI models and templates to expert consulting services, offering to include custom solutions to meet unique needs of each developer.
  
About Gaxos.ai Inc.

Gaxos.AI isn't just developing applications; it's redefining the human-AI relationship. Our offerings span health and wellness as well as gaming. We're committed to addressing health, longevity, and entertainment, through AI solutions.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.

Gaxos.ai Inc. Company Contact

Investor Relations
E:ir@gaxos.ai

T: 1-888-319-2499

FAQ

What is the latest development from Gaxos.AI for game developers?

Gaxos.AI has completed the development of its AI solution for game developers and publishers, now in closed beta testing.

What are the key features of Gaxos.AI's new AI solution?

Key features include AI-powered creativity, seamless integration with Unity and upcoming support for Unreal Engine, dynamic content generation through User-Generated-AI-Content (UGAiC), and customized AI models and consulting services.

How does Gaxos.AI's new AI solution benefit game development?

The AI solution significantly reduces creative asset development time from hours to minutes and offers dynamic content generation, enhancing the gaming experience.

What is the current status of Gaxos.AI's AI product for game developers?

The AI product is currently in the closed beta phase, being tested by independent developers.

When was the announcement about the AI solution development made by Gaxos.AI?

The announcement was made on June 25, 2024.

Does Gaxos.AI's AI solution support integration with game development engines?

Yes, it offers plug-and-play functionality for Unity and will soon support Unreal Engine.