02:13 PM EDT, 03/13/2024 (MT Newswires) -- Gaxos.ai ( GXAI ) surged nearly 79% in recent Wednesday afternoon trading after the company said it acquired the rights to use an AI-enabled technology from a biohacking app called Ultiself.
The goal is to use the technology to develop an AI-enabled application for Gaxos Health, the company said.
"This tech is intended to allow us to offer a more customized approach to delivering customers' diet, nutrition, and tracking capabilities," Chief Executive Vadim Mats said.
The integration process is set to begin immediately, the company added.
Price: 9.51, Change: +4.19, Percent Change: +78.76