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Gaxos Announces Strategic AI Tech Acquisition to Expand Content Creation Capabilities

1. Gaxos.ai acquired AI technology to enhance content creation services. 2. New capabilities include TTS, image generation, and dynamic video assembly. 3. CEO Vadim Mats emphasizes strengthening of the AI ecosystem. 4. Strategic acquisition sets the stage for future growth. 5. Gaxos offers solutions in health, wellness, and gaming sectors.

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FAQ

Why Bullish?

The acquisition indicates growth potential, aligning with successful tech industry acquisitions that often boost stock prices.

How important is it?

The acquisition directly enhances Gaxos's offerings, likely improving market perception and financial performance.

Why Long Term?

Investment in technology builds long-term capabilities, similar to past successful acquisitions enhancing companies' market positions.

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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 RelationsE:ir@gaxos.aiT: 1-888-319-2499

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