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NEXTECH3D AI CORP - NEXCF STOCK NEWS

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Nextech3D AI Corp (NEXCF) is a pioneering company in generative AI-powered 3D modeling technology for major e-commerce retailers like Amazon, Miele, P&G, and Kohls. Utilizing breakthrough AI, the company transforms vast amounts of 2D content into interactive 3D holograms, enabling immersive and photo-realistic 3D assets creation. With a strong focus on the metaverse economy, Nextech3D AI offers end-to-end AR solutions in various sectors such as 3D commerce, education, events, and industrial manufacturing. The strategic partnerships and advancements in AI technology showcase the company's commitment to leading the evolution of digital commerce through cutting-edge 3D and AI solutions.

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Nextech3D.ai launches AI Incubator and Development Division to advance AI technologies, led by CEO Evan Gappelberg and former Microsoft executive Hareesh Achi. The division aims to nurture AI solutions for various sectors and spin out new public companies, maximizing value for shareholders.
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Nextech3D.ai establishes a new business unit targeting the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs. The Company leverages GPT AI CAD to revolutionize 3D modeling, reduce costs, and enhance scalability. The integration of 3D modeling, blockchain, and NFTs offers personalized shopping experiences, bridges physical and digital jewelry, and addresses counterfeiting and sustainability challenges.
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Nextech3D.ai is expanding its AI tech team and negotiating major licensing deals for its GPT AI 3D modeling technology, aiming to revolutionize the accessibility and affordability of high-quality 3D models for e-commerce and other industries.
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Nextech3D.ai (NEXCF) is featured in a broadcast by NetworkNewsAudio, highlighting the launch of GPT AI 3D product solutions led by former Microsoft Executive Hareesh Achi. The company aims to leverage proprietary algorithms for e-commerce platforms like Amazon, P&G, and others, enhancing brand visibility and recognition in the investment community.
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Nextech3D.ai (NEXCF) launches a suite of 12 GPT AI solutions for 3D modeling, led by former Microsoft Executive Hareesh Achi. The company aims to revolutionize e-commerce with AI-powered 3D product solutions, targeting major brands and e-commerce platforms. The initiative includes GPTs for image search, text-based search, cost estimation, model analysis, floor map alignment, texture generation, and more. CEO Evan Gappelberg emphasizes the company's commitment to leveraging AI for business growth and revenue generation.
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Nextech3D.ai secures a $1.8 million 3D modeling contract with a major enterprise client, positioning itself as a leader in the $6.3 trillion e-commerce market. The company's CEO highlights the shift to 3D immersive experiences and the growing importance of 3D modeling in e-commerce. Nextech3D.ai also introduces a new AI-powered 3D model search engine, leading to a 500% increase in productivity. The company reports strong financial results for 2023, with a +56% revenue growth to $5 million and an estimated 30% gross profit margin for 2024.
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Nextech3D.ai (NEXCF) reports strong annual revenue growth of 56% to $5 million in 2023, with a projected 100%+ growth in 2024. The company's pivot to India in Q4, 2023, and improvements in its AI are expected to increase the annual gross profit margin to over 30% in 2024. CEO Evan Gappelberg anticipates even stronger gains in 2024 as the 3D modeling revolution gains steam and the business gains more economies of scale.
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3.7%
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Nextech3D.ai (NEXCF) reports strong annual revenue growth of 56% to $5 million in 2023, with an estimated 30% annual gross profit margin. The company's pivot to India in Q4, 2023, and improvements in AI technology are projected to drive further growth in 2024. CEO Evan Gappelberg anticipates even stronger gains in 2024, with a major positive impact on production capability and profits. The company is negotiating multiple major contracts for its 3D modeling business and building AI technology to drive revenue and profits forward. The outlook includes significant enterprise 3D modeling contracts expected to close in Q1, a projected 51% or more jump in average contract value, and a 50% growth in new business leading to a projected 100%+ revenue growth in 2024. Nextech3D.ai has created 70,000 3D models to date, with a projection to surpass 250,000+ models by 2025, enabled by AI-powered technology and contracts with enterprise clients.
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Nextech3D.ai (NEXCF) signs a new 3D modeling contract with Global Industrial Company, a major player in the industrial and commercial equipment sector. The deal highlights the increasing demand for 3D models in new industrial sectors and the company's growing influence in the 3D modeling arena. Nextech3D.ai utilizes cutting-edge generative AI technology to create high-quality 4K 3D models for major e-commerce companies, with plans to market its proprietary AI-Powered 3D model search engine externally.
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Nextech3D.AI terminates agreement with VCI Global Limited to sell 51% interest in its AI platform. The company plans to continue developing its 3D modeling business and sees potential growth opportunities through Amazon and other large enterprise clients.
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FAQ

What is the current stock price of NEXTECH3D AI (NEXCF)?

The current stock price of NEXTECH3D AI (NEXCF) is $0.0285 as of December 23, 2024.

What is the market cap of NEXTECH3D AI (NEXCF)?

The market cap of NEXTECH3D AI (NEXCF) is approximately 4.2M.

What is Nextech3D AI Corp known for?

Nextech3D AI Corp is known for its generative AI-powered 3D modeling technology used by major e-commerce retailers like Amazon, Miele, P&G, and Kohls.

What sectors does Nextech3D AI Corp focus on?

Nextech3D AI Corp focuses on various sectors such as 3D commerce, education, events, and industrial manufacturing, offering end-to-end AR solutions.

How does Nextech3D AI Corp contribute to the metaverse economy?

Nextech3D AI Corp drives significant ROI for the metaverse economy through its innovative AR solutions and strategic partnerships.

What are the key achievements of Nextech3D AI Corp in 2024?

In 2024, Nextech3D AI Corp has achieved breakthrough generative AI patents, improved margin by 70%, reduced operating loss by 47%, and focused on large enterprise contracts for future growth.

NEXTECH3D AI CORP

OTC:NEXCF

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NEXCF Stock Data

4.18M
132.32M
7.82%
Internet Retail
Consumer Cyclical
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United States of America
Toronto