Gaxos Announces Strategic AI Tech Acquisition to Expand Content Creation Capabilities
Rhea-AI Summary
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.
Positive
- Immediate expansion of AI capabilities
- Addition of multiple content creation technologies
- Strategic enhancement of Gaxos Labs portfolio
Negative
- No disclosed acquisition cost
- Lack of specific revenue impact details
- No mentioned integration timeline
News Market Reaction
On the day this news was published, GXAI gained 16.22%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Roseland, NJ, March 05, 2025 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company has acquired AI technology to bolster its content creation services. This acquisition immediately expands the capabilities of Gaxos Labs and enhances the Company’s broader AI development initiatives, setting the stage for growth.
This strategic addition equips Gaxos with AI solutions, including advanced text-to-speech (TTS), high-quality image generation, dynamic video assembly, instant narration, enhanced styling, and script automation, unlocking unprecedented possibilities for both users and enterprises.
"This acquisition immediately strengthens our AI ecosystem," said Vadim Mats, CEO of Gaxos.AI. "By integrating this technology, we are supercharging our product capabilities and accelerating the future of AI-powered content creation."
For more information, visit Gaxos Labs where you’ll find more information on Gaxos Labs and all it offers game developers and players. You can also follow Gaxos Labs on X, Facebook, or Gaxos.ai on LinkedIn for the latest updates and news.
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 AI technologies did Gaxos (GXAI) acquire in March 2025?
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What specific content creation features were added to GXAI's portfolio?
When did Gaxos announce its AI technology acquisition for content creation?
