Public Event Detail
$4.8M in Contracted AI Revenue with Projections of $30M Over 6-12 Months for Diversified AI Software and Platform-Based Services Provider XMax Inc
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Event summary
XMax Inc. (NASDAQ: XWIN), a diversified operating platform, announced $4.8 million in contracted AI revenue with projections of over $30 million in AI-related revenue within the next six to twelve months. The company has successfully launched its AI Inference Platform, developed in collaboration with Cloud Alliance Inc. and hosted on Amazon Web Services, and is strategically expanding into high-growth AI segments while maintaining its established furniture and health product businesses. XMax also reported strong financial results for fiscal year 2025, with a 73% increase in net sales to $16.7 million, and holds a $5.60 million investment in a fund with interests in SpaceX shares.