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Nextech3D.ai Selects AWS as its Primary Cloud Provider to Drive Innovation in the 3D Modeling For Ecommerce Industry With Cutting Edge AI

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Nextech3D.ai selects AWS as its primary cloud provider to drive innovation in the 3D modeling for the ecommerce industry with cutting-edge AI. The leading 3D modeling supplier will use AWS's generative AI and machine learning capabilities to accelerate its technology, aiming to improve productivity and customer engagement across various business lines.
Nextech3D.ai ha scelto AWS come suo principale fornitore di servizi cloud per promuovere l'innovazione nella modellazione 3D per l'industria dell'ecommerce mediante l'intelligenza artificiale all'avanguardia. Il principale fornitore di modellazione 3D utilizzerà le capacità di intelligenza artificiale generativa e di apprendimento automatico di AWS per accelerare la sua tecnologia, con l'obiettivo di migliorare la produttività e l'interazione con i clienti in varie linee di business.
Nextech3D.ai ha seleccionado a AWS como su principal proveedor de servicios en la nube para impulsar la innovación en la modelación 3D para la industria del comercio electrónico con IA de última generación. El líder en suministro de modelación 3D utilizará las capacidades de IA generativa y aprendizaje automático de AWS para acelerar su tecnología, con el objetivo de mejorar la productividad y el compromiso de los clientes en diversos sectores empresariales.
Nextech3D.ai는 최첨단 AI를 활용한 전자 상거래 산업을 위한 3D 모델링 혁신을 추진하기 위해 AWS를 주요 클라우드 공급자로 선택했습니다. 이 선도적인 3D 모델링 공급업체는 AWS의 생성적 AI 및 기계 학습 기능을 사용하여 기술을 가속화하고, 다양한 사업 분야에서 생산성과 고객 참여를 향상시키는 것을 목표로 합니다.
Nextech3D.ai a choisi AWS comme principal fournisseur de cloud pour stimuler l'innovation dans la modélisation 3D pour l'industrie du e-commerce avec une IA de pointe. Le fournisseur leader en modélisation 3D utilisera les capacités d'IA générative et d'apprentissage automatique d'AWS pour accélérer sa technologie, visant à améliorer la productivité et l'engagement des clients dans diverses lignes de métier.
Nextech3D.ai hat AWS als seinen Haupt-Cloud-Anbieter ausgewählt, um Innovationen im Bereich der 3D-Modellierung für die E-Commerce-Industrie mit fortschrittlicher KI voranzutreiben. Der führende Anbieter von 3D-Modellierung wird die generative KI- und maschinelle Lernfähigkeiten von AWS nutzen, um seine Technologie zu beschleunigen und darauf abzielen, die Produktivität und Kundenbindung in verschiedenen Geschäftsbereichen zu verbessern.
Positive
  • Nextech3D.ai partners with AWS to enhance its 3D modeling and AI services for ecommerce retailers.
  • The collaboration will enable Nextech3D.ai to leverage AWS technologies like generative AI and ML to make data-driven business decisions.
  • The company aims to improve customer service, finance, human resources, and sales through AI applications hosted on AWS.
  • Nextech3D.ai plans to expand its collaboration with AWS to build new business models and differentiate itself in the market.
  • Recent developments include the formation of an AI incubator, expansion of the AI tech team, and securing significant deals with technology companies.
  • The company reported a revenue of $5 million in 2023, reflecting a growth rate of +56%.
Negative
  • None.

Leading 3D Modeling Supplier uses AWS's generative AI and machine learning capabilities to accelerate its technology

TORONTO, ON / ACCESSWIRE / April 24, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a patented 2D-3D Generative AI-Powered 3D model supplier for Amazon, Miele, P&G, Kohls, Wesfarmers Group "Bunnings" and other major e-commerce retailers has selected Amazon Web Services (AWS), an Amazon.com company (NASDAQ:AMZN), as its cloud provider for its 3D modeling hosting services and AI service provider. Nextech3D.ai will also host its dozens of AI Machine learning applications to the world's leading cloud. Using Amazon Bedrock, a service that makes multiple foundation models available via an API, Nextech3D.ai can build experimental generative AI applications to improve productivity across all business lines, including customer service, finance, human resources, and sales. The AI factory allows the company to efficiently use analytics and ML to develop and deploy churn prediction and next best-offer systems to drive customer engagement

Nextech3D.ai will use AWS technologies, including data analytics, generative artificial intelligence (generative AI), and ML, to inform data-driven business decisions, tailor offerings to new markets, and develop new services to meet evolving customer needs across the e-commerce and 3D cloud industries. Nextech3D.ai operating companies Toggle3D.ai and ARway.ai will also leverage AWS's security features, like identity and access management (IAM) and encryption, to deliver the highest levels of security and privacy across its platforms.

Hareesh Achi, Head of Tech Ops, comments, "AWS has been a key collaborator in our 3D digital journey, accelerating our time to market for new services, enabling us to better serve our ecommerce customers across the globe," "Customers expect effortless 3D downloads visualizations load times and transactions, and by tapping into AWS's generative AI and machine learning capabilities, we can deliver on the needs of customers rapidly, securely, and more cost effectively. The cloud gives us the agility to build new business models that will differentiate Nextech3D,ai now and into the future. We look forward to expanding our collaboration with AWS further."

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About Nextech3D.ai

Nextech3D.ai or the "Company," (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), 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



View the original press release on accesswire.com

FAQ

What cloud provider has Nextech3D.ai selected for its 3D modeling hosting services and AI service provider?

Nextech3D.ai has selected Amazon Web Services (AWS) as its cloud provider.

What technologies will Nextech3D.ai leverage from AWS to drive innovation in the ecommerce industry?

Nextech3D.ai will use data analytics, generative artificial intelligence (generative AI), and machine learning (ML) technologies from AWS.

How does Nextech3D.ai aim to improve productivity and customer engagement across business lines?

Nextech3D.ai plans to develop and deploy churn prediction and next best-offer systems using analytics and ML hosted on AWS.

What recent developments have taken place at Nextech3D.ai?

Recent developments include the formation of an AI incubator, expansion of the AI tech team, and securing significant deals with technology companies.

What was the revenue reported by Nextech3D.ai in 2023?

Nextech3D.ai reported a revenue of $5 million in 2023, with a growth rate of +56%.

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