India, Aug. 19 -- Gaxos.ai Inc. (GXAI) surged 87.27 percent to $2.06, up $0.96 on Wednesday, after announcing the launch of Art-Gen.AI, its AI-powered image and video creation platform.
The stock opened at $1.70 and traded between $1.51 and $2.43, with trading volume soaring to 174.24 million shares, far above the average 127,619 on the Nasdaq. Gaxos.ai's 52-week range is $1.00 to $7.50.
The platform integrates models from Google, Stability AI, and PixVerse with Gaxos' proprietary enhancements, enabling users to generate cinematic visuals, hyper-realistic imagery, and animated video content from simple prompts at a fraction of traditional production costs.
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