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Gaxos.ai Inc. Integrates Recraft AI Into Gaxos Labs Enhancing AI Solutions for Game Developers

Quiver Quantitative ·  12/12 20:41

Gaxos.ai integrates Recraft AI into Gaxos Labs, enhancing tools for game developers and publishers.

Quiver AI Summary

Gaxos.ai Inc. has announced the successful integration of Recraft AI into its artificial intelligence solution, Gaxos Labs, aimed at game developers and publishers. CEO Vadim Mats emphasized that this addition enhances Gaxos Labs' tools available to streamline the labor-intensive game development process. Recraft AI specializes in premium image generation and editing, providing diverse styles and features that support real-time collaboration, and has gained a strong user base globally, including notable companies. Gaxos.ai is focused on redefining the interface between humans and AI across various sectors, particularly health and entertainment. The company also issued a caution regarding forward-looking statements related to its business and financial outlook.

Potential Positives

  • Successful integration of Recraft AI into Gaxos Labs enhances the company's artificial intelligence offerings for game developers, positioning Gaxos as a comprehensive solution provider in the gaming sector.
  • The partnership with Recraft AI, known for its premium image generation and editing capabilities, adds significant value to Gaxos Labs, potentially attracting more users and clients from the gaming industry.
  • Vadim Mats, CEO of Gaxos, highlights the commitment to simplifying the game development process, which could increase customer satisfaction and loyalty among developers and publishers.

Potential Negatives

  • The press release includes a significant emphasis on forward-looking statements, indicating substantial uncertainty about the company's future performance and potential risks, which might concern investors.
  • The mention of 'known and unknown risks and uncertainties' implies that the company may face challenges that could impact its business strategy and financial results, raising red flags for stakeholders.
  • The statement about 'actual results may differ materially from the anticipated results' could erode investor confidence and indicates that the company's prior expectations may not reliably reflect future outcomes.

FAQ

What is Gaxos.ai's recent announcement regarding Recraft AI?

Gaxos.ai announced the successful integration of Recraft AI into its Gaxos Labs, enhancing tools for game developers.

How does Recraft AI benefit game developers?

Recraft AI simplifies the labor-intensive game development process by offering premium image generation and editing tools.

What features does Recraft AI provide?

Recraft AI offers exceptional image styles, real-time collaboration, text generation quality, and vector art capabilities.

Who are some of Recraft AI's users?

Recraft AI is trusted by over 2 million users, including firms like Netflix, HubSpot, and Ogilvy.

What is Gaxos.ai's commitment in the AI sector?

Gaxos.ai aims to redefine the human-AI relationship, focusing on health, wellness, and entertainment through innovative AI solutions.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$GXAI Hedge Fund Activity

We have seen 4 institutional investors add shares of $GXAI stock to their portfolio, and 3 decrease their positions in their most recent quarter.

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  • ARMISTICE CAPITAL, LLC removed 81,000 shares (-78.6%) from their portfolio in Q3 2024
  • HRT FINANCIAL LP added 15,587 shares (+inf%) to their portfolio in Q3 2024
  • VIRTU FINANCIAL LLC added 11,633 shares (+inf%) to their portfolio in Q3 2024
  • TOWER RESEARCH CAPITAL LLC (TRC) added 1,021 shares (+29.4%) to their portfolio in Q3 2024
  • UBS GROUP AG added 244 shares (+inf%) to their portfolio in Q3 2024
  • BANK OF AMERICA CORP /DE/ removed 25 shares (-78.1%) from their portfolio in Q3 2024
  • WELLS FARGO & COMPANY/MN removed 2 shares (-100.0%) from their portfolio in Q2 2024

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Full Release



Roseland, NJ, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company successfully integrated Recraft AI into their artificial intelligence solution for game developers and publishers, Gaxos Labs.



"We are pleased to add another great tool into our Gaxos Labs ecosystem," said Vadim Mats, CEO of Gaxos. "Game development is a labor-intensive process and the addition of tools that make the process simpler advances our goal of being the all-in-one artificial intelligence solution for game developers and publishers."



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 Recraft AI



Recraft offers premium image generation and editing. Recraft can create exceptional images in many styles, including but not limited to, realistic images, digital illustrations, vectors illustrations, and icons.



Founded in the US in 2022 and headquartered in London, UK, Recraft enables designers to create and perfect their visuals. Among Recraft's core strengths are its exceptional text generation quality, brand consistency, and vector art generation. Packed with dozens of features and an infinite canvas for real-time collaboration, Recraft is trusted by over 2 million users across 200 countries, including designers from most innovative companies like Ogilvy, HubSpot, Netflix, Asana, and Airbus.




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



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