22 December 2024

Howe Street Reporter Title

Nextech3D.ai Announces Major Market Expansion into Gaming and Manufacturing Industries


Nextech3D.AI (NTAR.C), a prominent generative AI-powered 3D model supplier for major e-commerce retailers, has announced a substantial expansion into the Gaming and Manufacturing industries. This strategic move leverages the company’s state-of-the-art generative AI technology to meet the growing demands for efficient, high-quality 3D model production.

Gaming

Nextech3D.ai, renowned for its expertise in 3D modeling and ecommerce, is introducing its game-changing capability to deliver top-tier 3D models for the gaming industry. This innovation will disrupt the status quo, where game manufacturers have historically relied on expensive and time-consuming manual processes to create 3D models.

Through advanced technology and streamlined processes, Nextech3D.ai offers a unique solution to the gaming industry’s longstanding issue: a scalable, efficient, and cost-effective alternative to manual 3D model production. This development could significantly change the landscape of the gaming industry by introducing a new standard for the speed and cost-effectiveness of high-quality 3D model creation.

Strategic partnerships with gaming giants such as Electronic Arts, Take-Two Interactive, Nintendo, Activision, Meta, and others, showcase the widespread recognition and trust Nextech3D.ai has already earned within the gaming sector.

Manufacturing

The global manufacturing industry, valued at over $44 trillion, continues to grow. Alongside this growth, the demand for 3D models of products also escalates, as shown in the $160 Billion Global CAD-3D market. Utilizing its proprietary CAD converter, Nextech3D.ai is set to meet this rising demand with its large-scale 3D model production.

CEO of Nextech3D.ai, Evan Gappelberg, expresses enthusiasm about this major expansion, emphasizing the company’s advanced AI technology’s efficiency and scalability. The company believes that its entry into the gaming and manufacturing sectors, both in dire need of 3D models as they shift from 2D to 3D, positions it for significant market share gains.

READ  AMPD Ventures (AMPD.C) closes a deal to acquire Departure Lounge

Recent Achievements

Nextech3D.ai has also recently applied to uplist on the NASDAQ Capital Market, reflecting the company’s ongoing growth and strong performance. Additionally, the company has renewed and expanded a major contract with a leading retailer for over 1000+ 3D models, demonstrating its track record of delivering exceptional service and value.

The company has been proactive in engaging its stakeholders, as seen with the launch of “The Public Company CEO Experience Podcast,” hosted by the highly accomplished CEO Evan Gappelberg. The podcast offers insights into Nexech3D.ai, Toggle3D.ai, and ARway.ai, discussing trending topics and providing company updates.

Toggle3D.ai Gaining Traction

Toggle3D.ai, a revolutionary SaaS solution spun out from Nextech3D.ai, harnesses generative AI technology to convert CAD files, apply 4K texturing, and publish superior 4K 3D models. The platform reported a 125% surge in user adoption since its product launch in June, positioning it as a frontrunner in the $160 billion Global GGI Application Software market.

Toggle3D.ai distinguishes itself from legacy 3D design software by eliminating the learning curve and offering web-based collaboration. This innovation has made 3D design accessible to everyone, improving workflow efficiency, and expanding the potential of group iteration.

About Nextech3D.ai

Formerly known as “Nextech AR Solutions Corp,” Nextech3D.ai is a diversified augmented reality, AI technology company creating 3D experiences for the metaverse. The Company develops disruptive technologies and, once commercialized, spins them out as stand-alone public Companies, issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out. It recently spun out its spatial computing platform, “ARway.ai,” and Toggle3D.ai.

For more information, please visit https://www.Nextechar.com.

READ  1933 Industries (TGIF.C) guidance predicts Q4, 2019 rev. of $5.2 million

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *