NEXTECH3D AI CORP - NEXCF STOCK NEWS

Nextech3D.ai is collaborating with GlassDollar to extend its reach to large corporations such as Siemens, LG, BSH, Infineon. This collaboration showcases the demand for Nextech3D.ai's innovative solutions, including 2D-3D Generative AI-powered 3D modeling technologies. The partnership aims to enhance GlassDollar's product offerings and establish potential new relationships and revenue streams. The company is set to release its audited full year and fourth quarter 2023 financial results, showing strong annual revenue growth of +56% to $5 million compared to $3.2 million in 2022. With a pivot to India in Q4, 2023, the annual gross profit margin for 2024 is estimated at 30%.

Nextech3D.ai announced the release date for its audited full year and fourth quarter 2023 financial results, showing significant annual revenue growth of 56% to $5 million compared to $3.2 million in 2022. The company will host a conference call on April 29, 2024, to discuss these results and provide a 2024 business outlook, emphasizing cost-cutting and cash flow initiatives.

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, a leading AI-powered 3D model supplier, receives a patent from the USPTO for CAD 3D model part assembly & segmentation. The company continues to expand its AI patent portfolio, reinforcing its commitment to innovation and shareholder value.

Nextech3D.ai expands its offerings to include AI-powered 3D model photo rendering services for ecommerce imagery, transforming 2D photos into dynamic product visuals. The company's innovative solution leverages generative AI algorithms to create high-quality 2K, 4K, and 8K photos, catering to ecommerce sellers on platforms like Amazon, Shopify, and others. This expansion is expected to drive significant revenue by capitalizing on the demand for high-resolution images in ecommerce. The company's analysis shows that creating and rendering 3D models is more cost-effective than traditional product photography, offering enhanced product visualization, increased engagement, reduced return rates, customization options, cost savings, adaptability to emerging technologies like AR and VR, and a competitive advantage in the market.

Nextech3D.ai to Release Strong 2023 Financial Results with 56% Revenue Growth

Nextech3D.ai, a leading 2D-3D Generative AI-Powered 3D model supplier, is launching enhanced AI productivity tools including a 3D Cloud, expanded generative AI texturing library, and AI mesh search engine. The company integrates AI capabilities into the Toggle platform to boost 3D modeling productivity, offering a streamlined process for users to customize 3D models using a 2D image. The new features enable Nextech3D.ai to create additional revenue streams and enhance user experience, positioning the Toggle3D platform as a comprehensive solution for various 3D modeling needs.

Nextech3D.ai (NEXCF) receives a patent for 3D model generation from 2D images, enhancing its position in the AI technology market. CEO Evan Gappelberg highlights the significance of the patent and the company's commitment to innovation and shareholder value. The livestream event with the CEO aims to discuss new AI tech updates, showcasing the company's advancements in the industry.

Nextech3D.ai secures patent for 3D model generation technology from 2D images, reinforcing its market position and revenue growth potential. The USPTO approval highlights the company's commitment to innovation and shareholder value. With a focus on AI-powered 3D solutions, Nextech3D.ai aims to capitalize on the rising demand for immersive user experiences in ecommerce and other industries.