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Evan Gappelberg’s Nex Tech 3d ai is the next Nvidia!! Go Nasdaq go!!!
Roily23, you asked why I follow/invest in NEXCF?
I’m not a scientific tech, so I don’t know about 2Ds and 3Ds and surely don’t know how AI works. I have watched all of Evan Gappelberg’s current videos, read his latest e-mails, and see that he keeps his investors up to date on what NexTech is doing. I have also read about Evan’s employment history.
I found Evan’s employment history and the companies he worked for very impressive. Evan keeps his investors informed about what NEXCF is doing weekly and allows his investors to share in the company’s gains.
I am an accountant and am waiting to see NexTech’s 2023 audited 10-K. I want to see the revenue increase over 2022 and the margin percentage increase, as you all are. I do use charts to keep track of the companies I follow. Everyone needs to do their own DD.
Does anyone know the timing of NEXCF's next 10-K filing?
Hell yes dude!!!! Looking good!!!
THE NexTechAI / 3D MODELING UPDATE - VOLUME 2
Dear Valued Investor,
Following our previous email highlighting the transformative era ushered in by AI and 3D modeling in e-commerce, we delve deeper into Nextech3D.ai’s cutting-edge technology and why it represents a strategic investment opportunity, particularly at this juncture.
Revolutionizing E-commerce with Advanced AI
At Nextech3D.ai, we harness the latest in AI technology to generate ultra-realistic, 4K resolution 3D models that redefine online shopping. Our proprietary platform leverages machine learning algorithms to streamline the creation process, significantly reducing the time and cost associated with traditional 3D modeling. This efficiency enables us to swiftly scale and meet the increasing demand from e-commerce giants including Amazon, P&G, Kohls, Miele and others, ensuring we remain at the vanguard of this industry shift.
A Proven Track Record of Success
Our technology is not only revolutionary but proven. We have successfully integrated our models with major e-commerce platforms, delivering a seamless and enhanced customer experience. The results speak for themselves: clients using our 3D models have reported up to a 40% increase in conversion rates and a significant reduction in product returns. This directly translates to higher profits and customer satisfaction, reinforcing the value and impact of our technology.
Why Now is the Opportune Time to Invest
The surge in online shopping, accelerated by recent global events, has prompted a seismic shift in consumer expectations. Interactive and immersive experiences are no longer a luxury but a necessity. Nextech3D.ai is perfectly poised to meet this demand, offering an innovative solution that sets our partners apart from the competition.
Furthermore, the recent performance of our stock underscores a renewed market recognition of our potential reflecting investor confidence in our technology and its market applicability, our strategic positioning and long-term growth trajectory.
Nextech3D.ai also has a significant stake in the future potential of its 2 spin-out companies, ARway.ai and Toggle3D.ai.
Nextech3D.ai develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. This spin-out strategy allows Nextech3D.ai to issue stock dividends to its shareholders while maintaining significant ownership in the public spin-out, without dilution to the parent company Nextech3D.ai.
Notably, Nextech3D.ai successfully spun out ARway.ai, (OTCQB: ARWYF | CSE: ARWY | FSE:E65 ) as a standalone public company on October 26, 2022 at .25/share. The Company retains a 49% stake with 13 million shares in ARway.ai. ARway is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. Currently trading at .55/share +120%
Similarly, Nextech3D.ai accomplished its second spin-out launching Toggle3D.ai, (OTCQB: TGGLF | CSE: TGGL | FSE: Q0C ) an AI-powered 3D design studio aimed at competing with Adobe. The Company retains 13 million shares in Toggle3D.ai Corp. Toggle3D.ai is a groundbreaking platform that utilizes generative AI to convert CAD files, apply stunning 4K texturing, and enable seamless publishing of superior 4K 3D models. Also, currently trading at .34/share.
A Timely Investment
By choosing to invest in Nextech3D.ai, you are not just investing in a company; you are investing in the future of e-commerce. Our technology is not only leading the current shift towards more immersive online experiences but also setting the stage for the next wave of digital innovation.
We invite you to be part of this exciting journey. As we continue to pioneer advancements and capture new market opportunities, your investment will not only fuel our continued growth but also position you at the forefront of a lucrative, evolving industry.
Next leg up confirms NEXCF bullish
The tides must turn green$$$$$$$$$"
Pivotal moment here rockafella, next leg up is bullish confirmation
Evan Gappelberg's new interview regarding the new business unit targeting the Jewelry Industry:
NEXTECH3D.AI ESTABLISHES NEW BUSINESS UNIT LED BY FORMER META EXECUTIVE, TARGETING JEWELRY INDUSTRY WITH
Earlier today, Nextech3D.ai announced that it has established a new business unit to target the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs.
This new business unit will focus on using the GPT AI CAD to 3D texturing platform of its spin-off Company, Toggle3D.ai (OTCQB: TGGLF/ CSE: TGGL). Toggle3D.ai’s technology can convert jewelry CAD files into lightweight, web-friendly 4K 3D quad meshes, then uses AI to texture the jewelry in yellow gold, white gold, or rose gold. After this is complete, the AI photography studio creates stunning lifestyle images before it is published onto the web. Toggle3D.ai intends to license this all-in-one GPT AI platform to global manufacturers, while Nextech3D.ai will be conducting the sales and marketing for this new business unit.
CEO Evan Gappelberg joined Proactive Investors to discuss the news:
https: //www.youtube.com/watch?v=hCeQqccfxVQ (Please remove the space after "https:}
CEO Evans with shock the AI World dudes!!!
Huge contract coming,,,,, Take out the news Evans You can do it dude!!!
Not happening without a huge reverse split of maybe 1:50. Plus, Evan is not even talking about it. Not to mention that the article about uplisting that someone posted here is fake. Come back to earth and relax. It’s okay, just wait and see if they actually achieve significant revenue. That is the real issue.
It’s already QX dude!! Nasdaq next!!!!
That would be great. Except it’s not possible.
Nice call dude!!! $1 News coming with Nasdaq bomb news!!!
I’m waiting. Let’s see it.
Atomic news is coming dudes!!! stay tuned for blue skies!!!
I don’t think the GME apes are going to help here.
Ring the Nasdaq bell Evan Gooooooo NEXCF!!!!
No need to. I haven’t sold any recently.
Time to reload dude!!!! Massive move is coming!!!
All aboard!!!!!!!Lift off to International space station
There’s the dipppppppp dude!!!!! Now get ready
AI Whales lurking waters for the next big thing, NEXCF Fire breakout is near
The stage is set NexTech3D AI is the next Nvidia
Major expansion into Jewelry, Blockchain and NFT.
This could be one of the best expansion can predict and think .
Personally, I wish they would stop expanding and increasing costs until they can afford it better.
If I recall, to get into the lowest NASDAQ tier the share price has to be $4, not $5. Maybe that changed or I am mistaken.
Nextech3D.ai Establishes New Business Unit Targeting Jewelry Industry with GPT AI CAD-3D Models, Blockchain Technology, and NFTs
ORONTO, ON, Canada – March 5, 2024 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS),a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls, Miele and others including major e-commerce platform integrations with Shopify, BigCommerce and WooCommerce is pleased to announce that it has established a new business unit to target the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs. The initiative will be led by former META & Microsoft Executive Hareesh Achi, who is Nextech3D.ai's current Head of Product Operations. This new business unit will focus on using the GPT AI CAD to 3D texturing platform of its spin-off Company, Toggle3D.ai (OTCQB: TGGLF/ CSE: TGGL). Toggle3D.ai’s technology can convert jewelry CAD files into lightweight, web-friendly 4K 3D quad meshes, then uses AI to texture the jewelry in yellow gold, white gold, or rose gold. After this is complete, the AI photography studio creates stunning lifestyle images before it is published onto the web. Toggle3D.ai intends to license this all-in-one GPT AI platform to global manufacturers, while Nextech3D.ai will be conducting the sales and marketing for this new business unit.
The Company's strategic move to license its GPT AI tech is set to remove the traditional barriers of price and volume that have long restricted the accessibility of high-quality 3D modeling technology for e-commerce and other industries. Nextech3D.ai has leveraged its groundbreaking GPT AI powered technology to dramatically slash the cost of 3D models from CAD files to $10 to $20 while producing the highest quality 4K quad mesh photo realistic models, enabling scalability while creating a new highly profitable business.
The Company recently announced the launch of the next era of GPT AI 3D product solutions of proprietary Artificial Intelligence (AI) algorithms which is the foundation of this new business unit which now is combining the power of blockchain technology and Non-Fungible Tokens (NFTs), opening new avenues for revenue and innovation across various sectors, within the jewelry industry. The Company is working at the integration of 3D modeling with blockchain technology and NFTs, focusing on its implications at first within the jewelry sector. This synergy can enhance authenticity, ownership, and engagement in a market increasingly influenced by digital natives driving value to the substantial Global Jewelry Market.
The Company is looking to capitalize on the intersection of GPT AI CAD-3D Models, Blockchain Technology, and NFTs in Jewlery
GPT AI CAD- 3D modeling technology allows designers to create intricate and customizable jewelry designs that can be viewed and modified in real-time, offering personalization and efficiency in production. This digital transformation not only streamlines the manufacturing process but also enables consumers to engage directly with the creation of their jewelry, enhancing the customer experience. Blockchain technology provides a secure and immutable ledger, ideal for certifying the authenticity and provenance of jewelry pieces. By recording the entire lifecycle of a jewelry item on the blockchain, from raw material sourcing through to the finished product, consumers can verify its authenticity and ethical sourcing, The NFTs represent a unique digital ownership certificate for an asset, stored on a blockchain. In the jewelry industry, NFTs can be used to authenticate ownership of both physical and digital jewelry pieces, offering a new level of exclusivity and personalization. For digital jewelry, NFTs open up avenues for consumers to express themselves in virtual spaces, including social media and virtual reality platforms, where digital assets are becoming increasingly valuable.
NFTs for Ownership and Exclusivity
Application and Benefits
Enhancing Customer Engagement and Loyalty
The integration of 3D models, blockchain, and NFTs enables jewelry brands to offer personalized and immersive shopping experiences. Customers can participate in the design process through 3D modeling, verify the authenticity and history of their purchases via blockchain, and gain exclusive ownership rights through NFTs. This level of engagement fosters a deeper connection between the brand and its customers, enhancing loyalty.
Opening New Markets: Digital and Physical Jewelry
The fusion of these technologies allows for the creation of both physical jewelry pieces and their digital counterparts. NFTs enable the sale and trade of digital jewelry in virtual environments, appealing to Generation Z's increasing presence in these spaces. Additionally, NFTs linked to physical jewelry pieces can enhance the value and desirability of the tangible product.
Addressing Counterfeiting and Promoting Sustainability
Blockchain's record-keeping capability significantly reduces the risk of counterfeiting, ensuring that customers receive genuine products. Furthermore, transparently tracking the sourcing and production process promotes ethical and sustainable practices in jewelry manufacturing, aligning with the values of Generation Z consumers.
Challenges and Considerations
While the potential benefits are significant, challenges such as technological complexity, privacy concerns, and the environmental impact of blockchain technology must be addressed. Education and awareness efforts are essential to facilitate adoption, while ongoing innovation and collaboration will be crucial to mitigate environmental concerns associated with blockchain technology.
The integration of 3D modeling, blockchain technology, and NFTs presents an opportunity for the jewelry industry, particularly in engaging with Generation Z consumers. By offering enhanced personalization, authenticity, and digital experiences, this technological synergy not only meets the unique demands of Generation Z but also sets a new standard for innovation in the luxury goods market. As the industry navigates this digital revolution, embracing these technologies can lead to sustainable growth and a deeper connection with the next generation of consumers.
3D modeling technology significantly enhances value in the jewelry industry through various avenues, particularly in terms of customization, visualization, and production efficiency. Here’s a detailed exploration of how 3D models add value:
Enhanced Customization and Personalization
3D modeling allows for high levels of customization and personalization that were previously difficult or impossible to achieve with traditional jewelry design methods. Customers can be directly involved in the design process, selecting materials, shapes, and styles to create a piece that is uniquely theirs. By offering personalized experiences, jewelry brands can significantly increase customer satisfaction and loyalty.
Improved Visualization and Consumer Confidence
With 3D models, customers can visualize jewelry pieces in exquisite detail before making a purchase, including viewing items from multiple angles and understanding intricate designs. This visualization capability is crucial for online shopping, where the inability to physically inspect products can be a barrier to purchase. By providing a realistic representation of jewelry pieces, 3D modeling technology enhances consumer confidence, reducing hesitation and potentially increasing conversion rates.
Streamlining Production and Reducing Costs
From a production standpoint, GTP AI-CAD 3D models streamline the manufacturing process, allowing for rapid prototyping and adjustments without the need for expensive and time-consuming physical samples. This efficiency not only reduces production costs but also accelerates the time-to-market for new designs. Furthermore, the precision of 3D modeling minimizes errors in the production process, resulting in higher quality products and less waste.
Facilitating Omnichannel Experiences
3D models are pivotal in creating seamless omnichannel shopping experiences. They can be integrated into various platforms, from online stores and social media to augmented reality (AR) applications, allowing customers to interact with jewelry pieces in innovative ways. For example, AR apps can enable consumers to virtually "try on" jewelry, enhancing engagement and interactivity across digital channels creating fluid, interactive shopping experiences across all touchpoints.
The Company believes that 3D modeling technology adds significant value to the jewelry industry by enhancing customization and personalization, improving visualization and consumer confidence, streamlining production processes, facilitating omnichannel experiences, and supporting sustainability efforts. As the industry seeks to attract and retain consumers, leveraging 3D models offers a compelling way to meet their expectations for innovation, quality, and ethical consumerism.
NFT’s and 3D Models Can Work together to generate revenue;
The combination of 3D modeling and Non-Fungible Tokens (NFTs) presents a novel and exciting opportunity to create and enhance value in the jewelry industry. This synergy not only appeals to traditional aspects of value such as uniqueness and ownership but also aligns with modern consumer trends, especially among digital-savvy generations like Generation Z. Here's how 3D models and NFTs can work together to create value in the jewelry sector:
Digital Ownership and Authenticity
NFTs serve as digital certificates of ownership and authenticity for unique items, stored securely on a blockchain. When applied to 3D modeled jewelry pieces, NFTs can verify the ownership and originality of both physical and digital jewelry items. This digital authentication process adds immense value by ensuring the item's provenance, a critical factor in the luxury goods market where the authenticity and history of an item significantly influence its value.
Exclusive and Customizable Digital Jewelry
3D modeling allows designers to create intricate, customizable jewelry designs that can be minted as NFTs. This opens up a market for exclusive digital jewelry that can be collected, worn in virtual environments, or used as avatars on social media platforms and in virtual worlds. For Generation Z, who spend considerable time in digital spaces, owning unique digital assets is a form of self-expression and status. This exclusivity and customization potential make digital jewelry an attractive investment and fashion statement.
Bridging Physical and Digital Worlds
The integration of 3D models with NFTs enables a seamless connection between physical jewelry pieces and their digital counterparts. Purchasing a physical jewelry item could also grant the buyer ownership of a digital twin represented by an NFT, which can be used or displayed in virtual spaces. This dual ownership model adds value by offering a comprehensive experience that spans both the physical and digital realms, catering to the modern consumer’s lifestyle that increasingly blends the two.
Enhancing Customer Experience and Engagement
The use of 3D models and NFTs in the jewelry industry can significantly enhance customer engagement by offering an interactive and immersive buying experience. Customers can participate in the creation of their jewelry through 3D modeling interfaces, making personalized adjustments before finalizing their purchase. The final piece can then be minted as an NFT, providing a new layer of engagement through digital ownership and potential participation in virtual economies. This personalized and interactive process enhances the customer experience, fostering a deeper emotional connection with the brand.
New Revenue Streams and Marketplaces
NFTs enable the creation of new revenue streams and marketplaces for jewelry designers and brands. Digital jewelry pieces can be traded on NFT marketplaces, opening up global markets and attracting new demographics interested in digital fashion and collectibles. Additionally, brands can leverage NFTs to offer limited edition releases, pre-orders, or special collections, creating hype and exclusivity around their products. This not only generates direct revenue but also enhances brand visibility and engagement in digital spaces.
Sustainability and Ethical Consumption
Digital jewelry represented by NFTs offers an eco-friendly alternative to traditional jewelry, which often involves resource-intensive production processes. By creating value in digital items, the industry can cater to ethically conscious consumers, including Generation Z, who prioritize sustainability. Digital collectibles reduce the need for physical materials and the environmental impact associated with mining and manufacturing, aligning with the growing demand for responsible and sustainable consumption practices.
The Company believes that the integration of 3D models and NFTs in the jewelry industry represents a timely forward-thinking approach to creating value, blending traditional craftsmanship with digital innovation. By offering authenticated ownership, exclusive digital collectibles, enhanced customer engagement, and new revenue opportunities, this synergy caters to the evolving preferences of modern consumers. As the digital and physical realms continue to converge, leveraging 3D modeling and NFTs will be crucial for the jewelry industry to stay relevant and thrive in the digital age
Further, the synergy between 3D models and blockchain technology creates value by enhancing authenticity, facilitating secure transactions, protecting intellectual property, streamlining supply chains, and offering customization opportunities. This integration represents a significant step forward in digital innovation, opening up new possibilities for creators, consumers, and industries at large. As these technologies continue to evolve, their combined potential to transform traditional business models and marketplaces will only increase, paving the way for a more secure, efficient, and innovative future which the Company intends to participate in.
I have not read all the filings but if the uplist claim was last July stock was at 0.52 at the time and the only way to uplist would have been 1:10 R/S.
I see they just released news about a new business unit.
I
You realize this is from last July? Evan has not mentioned any plan to uplist recently. It’s not possible with the current share price.
Me too dude till i saw this!!! Nextech3D.ai Files to Uplist on NASDAQ Capital Market and Signs Large Enterprise Renewal and Expansion Contract with Major Retailer for over 1000+ 3D Models
Nextech AR Solutions Corp officially changes its name to Nextech3D.ai to better reflect its AI-powered business. The company plans to list its common shares on the NASDAQ Capital Market while keeping its Canadian CSE listing. Nextech3D.ai has filed a draft registration statement on Form F-1 for a potential future offering of securities in the United States. Additionally, the company has renewed and expanded contracts with a large enterprise customer and a major ecommerce brand, further solidifying its position in the 3D models for the ecommerce industry.
Mr or Mrs Scoobey - I swore off OTC's especially ones with an F at the end but this caught my attention. Very tough to research these as there is so little regulatory info available. Please tell me why I should keep researching this one.
Blue skies NEXCF Hell Yes$$$
NexTech3D.AI recorded an awesome day. Thanks, Evan Gappelberg and your NexTech team!
THE NexTech - AI / 3D MODELING UPDATE - VOLUME 1
Dear Valued Investor,
We are at the dawn of a new revolution in e-commerce, driven by advancements in AI and 3D modeling technology. This transformative shift is not just a trend; it is redefining the online shopping experience, aligning perfectly with the digital transformation sweeping across industries globally.
Why AI and 3D Modeling, and Why Now?
The e-commerce landscape is evolving rapidly, with consumers demanding more interactive and engaging shopping experiences. This is where AI and 3D modeling technology come into play, offering a dynamic, immersive, and personalized shopping journey. The shift from 2D to 3D modeling for e-commerce is a major multi-decade transformation that is being led by AI. This transformation is evident as major brands and companies are incorporating 3D models and AR shopping, including Amazon, Walmart, CB2, IKEA, Sephora, Target and more.
Amazon (AMZN - Worth $2 Trillion) Amazon is leading this shift, transitioning from traditional 2D images to 3D models for all their products, setting a new standard in online retail. Nextech3D.ai is proud to be a preferred 3D model supplier for Amazon, already creating thousands of 3D models per month and scaling up.
The Power of 3D Models in E-Commerce
3D models in e-commerce are not just visually appealing; they are revolutionary. They enable customers to visualize products in high detail from every angle, significantly enhancing decision-making confidence. This shift leads to higher conversion rates, as customers are more likely to purchase when they can thoroughly explore a product. Moreover, 3D visualization reduces returns, as buyers have a clearer expectation of what they are purchasing, thus saving costs and improving customer satisfaction. Additionally, interactive 3D models increase customer engagement, keeping them on your site longer, which directly correlates with increased sales.
A Timely Investment Opportunity
The timing for investing in AI and 3D modeling technology could not be more opportune. As online shopping continues to grow, the demand for more immersive and interactive experiences is skyrocketing. Businesses adopting 3D models are setting new benchmarks for customer engagement and satisfaction. By investing in Nextech3D.ai, you are not merely keeping pace; you are positioning yourself at the forefront of an e-commerce revolution.
Why Nextech3D.ai?
Nextech3D.ai stands at the forefront of this mega-trend, leading the massive shift from static 2D images to immersive 3D experiences. Our AI-powered 3D modeling technology creates photo-realistic 4K 3D models that cater to major e-commerce platforms like Amazon. With years of expertise and a portfolio of high-profile clients including Amazon, P&G, Kohls, Miele and others - Nextech3D.ai is transforming online shopping into an interactive adventure.
Stay Tuned
In our next email, we will dive deeper into Nextech3D.ai’s pioneering technology and how our solutions are driving the future of e-commerce. Learn why Nextech3D.ai is not just riding the wave of this mega-trend but is actively shaping the future of online retail.
NEXTECH3D.AI EXPANDS AI TECH TEAM AND DOUBLES OFFICE SPACE AS DEMAND INCREASES FOR GPT AI PLATFORM AND 3D MODEL PRODUCTION IN HYDERABAD, INDIA
Company is Negotiating Major Licensing Deals For its GPT AI 3D Modeling Technology
TORONTO, ON, Canada – February 22, 2024 - Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a Generative GPT AI-Powered 3D model supplier for Amazon, P&G, Kohls, Miele and others including major e-commerce platform integrations with Shopify, BigCommerce and WooCommerce is pleased to announce the expansion of its AI tech team by doubling its office space in Hyderabad, India, to accommodate its expanding team. The Company is also in negotiations for a major license of its GPT AI 3D modeling CAD to 3D and texturing technology. Nextech3D.ai will continue to supply 3D models to the largest brands and .platforms as it gears up increasing revenue and profit margins by signing licensing deals with global manufactures that have CAD files.
3D GPT AI Licensing Technology
The Company's strategic move to license its GPT AI tech is set to remove the traditional barriers of price and volume that have long restricted the accessibility of high-quality 3D modeling technology for e-commerce and other industries. Nextech3D.ai has leveraged its groundbreaking GPT AI powered technology to dramatically slash the cost of 3D models from CAD files to $10 to 20 while producing the highest quality 4K quad mesh photo realistic models, enabling scalability while being highly profitable.
Evan Gappelberg, CEO of Nextech3D.ai commented, “Our GPT AI technology has the potential to open the floodgates for 3D model adoption in this new AI era. We are negotiating with a number of large manufacturers which produce hundreds of thousands of products annually that want to go 3D but can’t afford the traditional cost of $75 to $150/model. We believe that with our new groundbreaking technology enabling breakthrough pricing and scale, that we will land many of these large contracts since the previous friction point has been price and scale.” He continued, “AI is transforming our world and how we think about 3D modeling and the AI that powers the production of 3D models for e-commerce.”
Nextech3D.ai’s spin-out company, “Toggle3D.ai” offers users an intuitive point-and-click interface that revolutionizes the creation of 3D models. By merely importing a CAD file, companies, brands and users can effortlessly use Toggle3D’s user-friendly platform to generate 3D models, apply AI-driven texturing, utilize a virtual photography studio, and much more. This platform is especially transformative for the realm of e-commerce, where the virtual photography studio eliminates the need for physical product photography, saving large brands millions of dollars.
A key aspect of this strategic shift is the licensing of Nextech3D.ai’s technology to major manufacturers, enabling their own employees to create high quality, 4K resolution 3D product models without requiring specialized skills in 3D modeling. This is game changing as it empowers businesses to harness the full potential of 3D modeling internally, while reducing the 3D model production cost by as much as 80%.
Toggle3D.ai is currently in advanced discussions with a large manufacturer for a contract valued in the seven figures. This not only exemplifies the market’s enthusiasm for 3D models, but also signifies the platform’s potential to redefine how businesses approach shopping experiences and 3D models for e-commerce.
India Office
Initially announced in September, 2023, Nextech3D.ai moved operations to Hyderabad, India. The focus on high-scale production and cost savings by setting up operations in India has resulted in growing profit margins for the Company and a significant improvement in operational efficiencies. The initiative has been led by the Company’s Head of Product Operations, Hareesh Achi, who has over a decade of technology experience as a former Microsoft and Meta executive.
The move to India has created a cash flow positive 3D model division for Nextech3D.ai by optimizing production processes and taking advantage of cost-effective resources in the region. With these initiatives and others, the Company is positioning itself for enhanced profitability for years to come in a rapidly evolving market.
NEXTECH3D.AI ANNOUNCES EXPANSION OF AI TECH TEAM AND DOUBLING OF OFFICE SPACE AS DEMAND GROWS FOR 3D MODELS - CEO INTERVIEW
Earlier today, Nextech3D.ai announced the expansion of its AI tech team by doubling its office space in Hyderabad, India, to accommodate its expanding team. The Company is also in negotiations for a major license of its GPT AI 3D modeling CAD to 3D and texturing technology. Nextech3D.ai will continue to supply 3D models to the largest brands and. platforms as it gears up increasing revenue and profit margins by signing licensing deals with global manufacturers that have CAD files.
CEO Evan Gappelberg joined Proactive Investors to discuss the news:
WATCH THE INTERVIEW @ https: //www.youtube.com/watch?v=ZfR4xKIGs5A (eliminate the space after "https")
February 22, 2024: Steve Darling (Host, Proactive) and Evan Gappelberg (CEO, Nextech3D.ai) discuss the Company's expansion of its AI tech team team and doubling of office space as demand grows for 3D models
In the news today.
——-
TORONTO, ON / ACCESSWIRE / February 22, 2024 / Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), a Generative GPT AI-Powered 3D model supplier for Amazon, P&G, Kohls, Miele and others including major e-commerce platform integrations with Shopify, BigCommerce and WooCommerce is pleased to announce the expansion of its AI tech team by doubling its office space in Hyderabad, India, to accommodate its expanding team. The Company is also in negotiations for a major license of its GPT AI 3D modeling CAD to 3D and texturing technology. Nextech3D.ai will continue to supply 3D models to the largest brands and .platforms as it gears up increasing revenue and profit margins by signing licensing deals with global manufactures that have CAD files.
3D GPT AI Licensing Technology
The Company's strategic move to license its GPT AI tech is set to remove the traditional barriers of price and volume that have long restricted the accessibility of high-quality 3D modeling technology for e-commerce and other industries. Nextech3D.ai has leveraged its groundbreaking GPT AI powered technology to dramatically slash the cost of 3D models from CAD files to $10 to 20 while producing the highest quality 4K quad mesh photo realistic models, enabling scalability while being highly profitable.
Evan Gappelberg, CEO of Nextech3D.ai commented, "Our GPT AI technology has the potential to open the floodgates for 3D model adoption in this new AI era. We are negotiating with a number of large manufacturers which produce hundreds of thousands of products annually that want to go 3D but can't afford the traditional cost of $75 to $150/model. We believe that with our new groundbreaking technology enabling breakthrough pricing and scale, that we will land many of these large contracts since the previous friction point has been price and scale." He continued, "AI is transforming our world and how we think about 3D modeling and the AI that powers the production of 3D models for e-commerce."
Nextech3D.ai's spin-out company, "Toggle3D.ai" offers users an intuitive point-and-click interface that revolutionizes the creation of 3D models. By merely importing a CAD file, companies, brands and users can effortlessly use Toggle3D's user-friendly platform to generate 3D models, apply AI-driven texturing, utilize a virtual photography studio, and much more. This platform is especially transformative for the realm of e-commerce, where the virtual photography studio eliminates the need for physical product photography, saving large brands millions of dollars.
A key aspect of this strategic shift is the licensing of Nextech3D.ai's technology to major manufacturers, enabling their own employees to create high quality, 4K resolution 3D product models without requiring specialized skills in 3D modeling. This is game changing as it empowers businesses to harness the full potential of 3D modeling internally, while reducing the 3D model production cost by as much as 80%.
Toggle3D.ai is currently in advanced discussions with a large manufacturer for a contract valued in the seven figures. This not only exemplifies the market's enthusiasm for 3D models, but also signifies the platform's potential to redefine how businesses approach shopping experiences and 3D models for e-commerce.
India Office
Initially announced in September, 2023, Nextech3D.ai moved operations to Hyderabad, India. The focus on high-scale production and cost savings by setting up operations in India has resulted in growing profit margins for the Company and a significant improvement in operational efficiencies. The initiative has been led by the Company's Head of Product Operations, Hareesh Achi, who has over a decade of technology experience as a former Microsoft and Meta executive.
The move to India has created a cash flow positive 3D model division for Nextech3D.ai by optimizing production processes and taking advantage of cost-effective resources in the region. With these initiatives and others, the Company is positioning itself for enhanced profitability for years to come in a rapidly evolving market.
See more details and images of the India Office - click here
Nextech3D.ai employees in Hyderabad, India.
Recent News
Nextech3D.ai Launches Next Era of GPT AI 3D Solutions Led by Former Microsoft Executive
Nextech3D.ai Lands $1.8 Million 3D Modeling Deal with NASDAQ 100 Technology Company
Nextech3D.ai Reports $5 Million in 2023 Revenue, Growth Up +56% Preliminary Unaudited Results
Nextech3D.ai's Breakthrough AI Powered Search Engine Able to Deliver a 500% Increase in Productivity
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About Nextech3D.ai
Nextech3D.ai or the "Company," (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for E-COMMERCE. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers. Nextech3D.ai has adopted a unique approach to creating shareholder value beyond its operating business of creating 3D models.
The Company also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. This spin-out strategy allows Nextech3D.ai to issue stock dividends to its shareholders while maintaining significant ownership in the public spin-out, without dilution to the parent company Nextech3D.ai.
Notably, Nextech3D.ai successfully spun out "ARway," (OTCQB:ARWYF)(CSE:ARWY)(FSE:E65 ) its spatial computing platform, as a standalone public company on October 26, 2022. The Company retains a 49% stake with 13 million shares in ARway Corp. while distributing 4 million shares to Nextech shareholders.
Similarly, Nextech3D.ai accomplished its second spin-out launching Toggle3D.ai, (OTCQB:TGGLF)(CSE:TGGL)(FSE:Q0C) an AI-powered 3D design studio aimed at competing with Adobe. The Company retains a 44% stake with 13 million shares in Toggle3D.ai Corp.
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
For further information, please contact:
Investor Relations Contact
Julia Viola
investor.relations@nextechar.com
Nextech3D.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
SOURCE: Nextech3D.ai
Nextech3D.ai announces launch of GPT AI 3D solutions led by former Microsoft Executive 2/15/2024
Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce the company's launch of the next era of GPT AI 3D product solutions. These proprietary Artificial Intelligence algorithms represent a significant advancement in Nextech3D.ai's technology offerings and are poised to drive innovation in the e-commerce industry.
Leading this initiative is Hareesh Achi, a former Microsoft Executive who currently serves as Nextech3D.ai's Head of Product Operations. With Achi's expertise and leadership, the company aims to capitalize on the early stages of the AI opportunity, particularly in the realm of 3D modeling for e-commerce.
Gappelberg emphasized that the transition from 2D to 3D modeling represents a major multi-decade transformation driven by AI. Nextech3D.ai is at the forefront of this transformation, leveraging its suite of GPT AI solutions to provide cutting-edge technology to enterprise clients. The company plans to offer annual enterprise licensing deals for its suite of GPT AI solutions, which initially feature 12 GPTs. Moreover, Nextech3D.ai intends to develop additional GPTs throughout 2024, further expanding its product offerings and market reach.
By focusing on enterprise licensing deals and advancing its suite of AI solutions, Nextech3D.ai is well-positioned to capitalize on the growing demand for innovative 3D technologies in the e-commerce landscape. This initiative underscores the company's commitment to driving technological innovation and delivering value to its clients in the evolving digital marketplace.
Watch the video at:
https: //www.youtube.com/watch?v=Epz-fHQcrAE
CEO Evan Gappelberg joined Proactive Investors to discuss the news released 2/13/2024
NEXTECH3D.AI LANDS $1.8 MILLION 3D MODELING DEAL WITH NASDAQ 100 TECHNOLOGY COMPANY
Earlier today, Nextech3D.ai announced a significant $1.8 million 3D modeling contract with a major enterprise client. This deal provides significant revenue for the Company to be delivered in 2024, and showcases Nextech3D.ai's position as an industry leader for 3D modeling in the $6.3 trillion e-commerce market.
See the interview:
https: //www.youtube.com/watch?v=DQEGFXY1sLc
Please eliminate the space after https:
If you continue to watch, a second video will start with ARway as the subject with some discussion about Netflecks.
LOL, I guess things were different 70 years ago. Have a great day.
Wow, I just assumed that was a label, not an actual name. This is kind of like naming McDonald’s Corp. “Large Fast Food Company.”
NEXTECH3D.AI LANDS $1.8 MILLION 3D MODELING DEAL WITH NASDAQ 100 TECHNOLOGY COMPANY
TORONTO, ON, Canada – February 8, 2024 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is thrilled to announce a significant $1.8 million 3D modeling contract with a major enterprise client. This deal provides significant revenue for the Company to be delivered in 2024 and showcases Nextech3D.ai's position as an industry leader for 3D modeling in the $6.3 trillion e-commerce market.
Nextech3D.ai CEO Evan Gappelberg commented, “Nextech3D.ai has been at the forefront of the massive shift from 2D static images to 3D immersive experiences, utilizing augmented reality and cutting-edge generative AI technology to create photo-realistic 4K 3D models that cater to the specific needs of major e-commerce companies. Nextech3D.ai is seeing demand from around the globe and is currently negotiating with three additional enterprise clients that are in the six and seven figure range.” He continued, “This $1.8 million deal is not just a testament to Nextech3D.ai's technological prowess but also to the rapidly growing importance of 3D modeling in e-commerce and demonstrates the scalability and adaptability of Nextech3D.ai's technology. We are focused on large enterprise deals in an effort to ramp up our revenue base and solidify Nextech3D.ai's position as a leader in the field of 3D and AI for e-commerce.”
New AI-Powered 3D Model Search Tool
Last month, the Company announced it had gone live with its proprietary AI-Powered 3D model search engine. This advanced search engine integrates AI and computer vision technologies to refine and expedite the process of 3D modeling. With this groundbreaking AI-powered technology, the Company will enhance and quicken its internal 3D model creation workflow significantly. Additionally, Nextech3D.ai plans to release this search engine for public use, potentially leading to substantial increases in revenue and profits by licensing the AI technology to others.
This new AI-powered 3D model search engine provides 500% increase in 3D modeling productivity. This report was based upon research of Nextech3D.ai’s own internal usage of thousands of searches over several weeks, and significantly impacts and increases the scalability and profitability of the production of 3D models.
2023 Financial Results
The Company also recently reported its unaudited financial and operating results for the full year 2023, ended December 31, 2023. These preliminary results show strong annual revenue growth of +56% to $5 million compared to $3.2 million in 2022. Annual gross profit margin for 2024 is estimated at 30% which with the Company's pivot to India in Q4, 2023 and improvements in its AI-powered 3D modeling technology is projected to increase dramatically in 2024.
Why did you post:
They apparently don’t want their true name disclosed.
It’s a generic name. They apparently don’t want their true name disclosed.
Who is Global Industrial Company?
"NEXTECH3D.AI SIGNS NEW 3D MODELING CONTRACT WITH ENTERPRISE GIANT GLOBAL INDUSTRIAL COMPANY – TORONTO, O.N, Canada on January 30, 2024"
Global Industrial Company was started in 1949, over 70 years ago, as a small material handling company.
Today, Global Industrial Company boasts of being an industrial leader with 1.7+ million products in 21 industrial and commercial categories.
Global Industrial’s customer-centric focus means they provide industry-leading products, knowledge and expertise, and operational excellence all designed to bring their customers a differentiated and delightful experience.
• Extensive Account Management Tools
• Huge Selection of Products
• Low Prices
• Same Day Shipments on Most Orders
• Extended Service Plans
If you are interested in reading more about Global Industrial Company, you can find it here:
https: //www.globalindustrial.com/aboutUs
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nextech3D.ai is the engine accelerating the growth of the Metaverse. Using breakthrough AI, nextech3D.ai is able to quickly, easily, and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. Our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, nextech3D.ai is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors. |
"Now free of Mr Green!"
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