NXAI key facts
Last updated- Legal entity
- NXAI GmbH (inferred from common Austrian entity naming)
- Headquarters
- Austria (AT)
- Ownership
- Independent
- Deployment
- SaaS
- Open source
- No
- US Cloud Act exposure
- Low (no US parent)
- Replaces
- Google TimesFM, Amazon Chronos AI, OpenAI GPT-4 (for sequence analysis)
About NXAI
NXAI is a Linz-based AI company dedicated to bridging the gap between high-level research and industrial application. Founded with the expertise of Sepp Hochreiter, the inventor of LSTM, the company focuses on the next generation of sequence modeling through its proprietary xLSTM (extended LSTM) architecture. This technology addresses the limitations of traditional Transformers in industrial contexts, providing better scalability and memory efficiency for long-sequence data. The company's flagship product, TiRex, is a revolutionary time-series foundation model designed to 'speak the language of machines.' It excels in zero-shot forecasting and classification across various sectors, including manufacturing, energy, and medicine. By offering high accuracy with fewer parameters than US-based competitors, NXAI positions itself as a sovereign European alternative for mission-critical industrial AI, enabling deployment from large-scale cloud environments down to edge-level industrial controllers.
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