Best Financial Quarter Ever
CXAI reported its highest SaaS metrics with revenue reaching $1.9 million, a net retention rate greater than 106%, and an 18% growth in recurring revenue.
AWS Marketplace Launch
CXAI announced its collaboration with Amazon Web Services, allowing the company to scale its business and be available on the AWS Marketplace, following a similar achievement with Google Cloud in the previous quarter.
Successful New Product Launches
Introduced new products including CXAI VU, which gained traction with its first paid customer, and CXAI Kiosks, showing significant customer interest.
Reduction in Operating Expenses
Achieved a 22% reduction in non-GAAP operating expenses, attributed to cost-cutting measures, including workforce optimization and a more focused marketing strategy.
Agentic AI and Generative AI Developments
Advancements in Agentic AI capabilities and Generative AI applications were highlighted, showing CXAI's leadership in AI-driven workplace transformation.