Gaxos.AI Introduces 'Photoshoots' Feature for Art-Gen
Launch of Photoshoots: Gaxos.ai has introduced a new feature called Photoshoots for its AI image and video creation platform, Art-Gen.
Enhanced Workflow: This update allows users to create consistent, cinematic, studio-quality images and animations from any photo or concept in just seconds.
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U.S. Stocks Rise in Morning Trading, Dow Up Over 100 Points
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Gaxos.AI (GXAI) Stock Declines Following Surge from New AI Platform Introduction
Stock Performance: Gaxos.AI Inc's shares (GXAI) are experiencing a pullback after a significant rally following the announcement of their new AI platform, Art-Gen.AI.
Art-Gen.AI Overview: The Art-Gen.AI platform is designed for image and video creation, utilizing advanced AI models from Google and Stability AI, enabling users to generate high-quality content from text prompts or reference images.
Key Features: Notable features include one-click upscaling of low-resolution images, dynamic video creation from still photos, and various style presets, with a subscription-based model aimed at capturing market share in the generative AI sector.
Market Reaction: The stock's decline suggests investors are reassessing the initial excitement surrounding the product launch, as they digest the implications of Gaxos.AI's entry into the rapidly growing generative AI market.
