Gaxos.ai (GXAI) said Wednesday it has acquired artificial intelligence technology to expand its capabilities in creating content.
The acquisition provides the company with AI tools such as advanced text-to-speech, high-quality image generation, dynamic video assembly, instant narration, enhanced styling and script automation, the company said.
The company's shares were up over 7% in recent trading.
Price: 1.20, Change: +0.09, Percent Change: +7.66