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XMax signs $4.8M AI model API deal, expects $30M AI revenue in next 6-12 months

Market News
01 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

XMax Inc.'s subsidiary, XMax AI Inc., secured a $4.8 million API Model Procurement Agreement to provide AI model access via API services for one year, with monthly payments of $400,000. This deal marks a key milestone in commercializing XMax's AI platform, enabling customers to integrate and brand AI capabilities globally. The company is also in talks with three other potential customers and projects over $30 million in AI-related revenue within the next 6 to 12 months, highlighting AI as a major growth driver. XMax continues to expand its AI infrastructure and services to build a sustainable, high-growth AI business.

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