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GXAI News
GXAI Events
Selling Stockholders Plan to Sell 6.17M Shares of Common Stock
This filing relates to the offer and sale from time to time by the selling stockholders of up to 6.17M shares of common stock. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.
Gaxos.AI Authorizes $1M Share Repurchase Program
Gaxos.AI announced that its board of directors has authorized a new share repurchase program, under which the company may repurchase, from time to time, up to an aggregate of $1M of the company's common stock.
Gaxos.ai Partners with AFD to Secure License for Detachable Drone Highjacker
Gaxos.ai announced that America First Defense, AFD, secured a license for the Detachable Drone Highjacker, DDH, a drone-mounted electronic warfare payload originally developed at the Naval Postgraduate school to counter and defeat hostile Unmanned Aircraft Systems, UAS. "This platform represents a differentiated approach to defeating hostile drones through precision electronic warfare," said Vadim Mats, CEO of Gaxos. "Our stake in AFD positions us at the forefront of counter-UAS technology."
Gaxos.ai Acquires 19.99% Stake in America First Defense
Gaxos.ai announced that it acquired a 19.99% stake in America First Defense. "We believe this transaction places Gaxos at the intersection of AI, defense innovation, and a rapidly accelerating national security priority," said Vadim Mats, Chief Executive Officer of Gaxos. "America First Defense is developing differentiated technologies for a market that is demanding faster, more precise, and more scalable solutions. By securing this ownership position, we are expanding our footprint into a category that we believe provides significant strategic relevance and long-term commercial potential, while continuing to execute on opportunities that we believe can enhance shareholder value."
Gaxos.ai Finalizes Deal with Byteplus of ByteDance
Gaxos.ai announced that it finalized a deal with Byteplus, the Enterprise Technology Division of ByteDance. Under the agreement, Gaxos will receive preferred pricing and significant discounts on ByteDance's video generation models, enabling faster deployment of AI capabilities inside Art-Gen. In addition to the preferred model pricing, BytePlus will provide Gaxos with early releases when available.
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