Welcome to our dedicated page for TOGGLE3D AI news (Ticker: TGGLF), a resource for investors and traders seeking the latest updates and insights on TOGGLE3D AI stock.
Toggle3D AI Inc (TGGLF) is a pioneer in AI technology, offering revolutionary SaaS solutions that harness generative AI to convert CAD files, apply stunning 4K texturing, and seamlessly publish superior 4K 3D models. The company has recently established a new business unit targeting the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs. Led by former META & Microsoft Executive Hareesh Achi, the initiative aims to transform CAD files into lightweight, web-friendly 4K 3D quad meshes using the GPT AI CAD to 3D texturing platform. Toggle3D intends to license this platform globally, while Nextech3D will handle sales and marketing. The strategic move to license GPT AI tech aims to remove barriers in accessing high-quality 3D modeling technology, making it affordable and scalable.
With a focus on integrating GPT AI CAD-3D Models, Blockchain Technology, and NFTs in the jewelry industry, Toggle3D aims to enhance authenticity, ownership, and engagement. The synergy of these technologies enables personalized and immersive shopping experiences, authenticating ownership of both physical and digital jewelry pieces. NFTs create unique digital ownership certificates, enhancing exclusivity and personalization in the jewelry industry. The integration of 3D modeling, blockchain, and NFTs offers new revenue streams, enhances customer experiences, and promotes ethical and sustainable practices.
Additionally, Toggle3D has announced the launch of AI-powered solutions for 3D product design, expanding its capabilities in proprietary AI algorithms. The company continues to innovate and drive growth by offering cutting-edge tools and technologies that empower users with unmatched creativity and productivity in the 3D modeling space.
Toggle3D.ai (OTCQB:TGGLF) has announced significant changes in its leadership and stock options issuance. The company has appointed Evan Gappelberg as CEO, replacing Hareesh Achi with immediate effect. Additionally, the company issued several stock options: 50,000 two-year options at $0.095/share to new board member Peter Bloch, 500,000 two-year options at $0.095/share to CFO Anum Wagas, and 50,000 two-year options at $0.095/share to board member Anthony Pizzonia.
Peter Bloch joins the board with extensive experience as a CPA and CA, having previously served as CEO of BresoTEC Inc. and Bionik Laboratories. His track record includes significant roles at Sanofi Canada, Intellivax Inc., Tribute Pharmaceuticals, Gennum , and Just Energy, managing companies with revenues up to $2 billion.
Toggle3D.ai (TGGLF) has announced contingency measures for shareholders regarding the upcoming annual general meeting on January 17, 2025, due to potential disruptions from the ongoing Canada Post strike. While meeting materials may face delivery delays, shareholders can access documents electronically via SEDAR+ and the company's website.
The company has established alternative voting methods: registered shareholders can contact Computershare for voting control numbers, while those holding shares through intermediaries should contact their brokers. Shareholders can request meeting materials directly from the CFO via email or phone at no charge.
Toggle3D.ai (OTCQB:TGGLF) announced changes to its Board of Directors. Board member Belinda Tyldesley has departed for personal reasons, and the company has appointed Peter Bloch as her replacement. Bloch brings extensive executive experience, including roles as CEO of BresoTEC Inc. and Bionik Laboratories. He is a CPA with a 25-year track record in building technology companies, particularly in life sciences.
Bloch's notable positions include CFO roles at Sanofi Canada, Intellivax Inc. (sold for $1.75B to GlaxoSmithKline), Tribute Pharmaceuticals, Gennum , and Just Energy. He has managed companies ranging from startups to $2B+ revenue enterprises and serves as an advisor to Mars Discovery District.
Toggle.ai announces the integration of its FOTOgpt.ai Studio into ARway.ai's Map Dynamics (MapD) platform, extending AI photography capabilities to over 400 enterprise clients. The integration enables MapD's event management platform users to create professional-grade visual content for trade shows, conferences, and expos.
The partnership aims to generate new revenue streams by offering AI-driven photography tools to event organizers, exhibitors, and sponsors. MapD's client base includes notable organizations like American Tradeshow Services, ISACA, AAPC, and NACE, with strategic partnerships including IAEE, TNSAE, and AENC.
Toggle3D.ai has announced its rebranding as FOTOgpt.ai, focusing on AI-powered photography solutions. The company plans to launch an API plugin in December 2024 and a standalone mobile app in Q1 2025. The platform offers automated image generation capabilities, producing high-resolution images (1K to 4K) within minutes. Key features include low-cost operations, instant results, versatile product angles, and e-commerce optimization. The system uses a pay-as-you-go credit model and is designed for both professional photographers and casual users, particularly targeting e-commerce merchants on platforms like Amazon, Etsy, and eBay.
Toggle3D.ai has launched its new Photo Studio API, a scalable tool for AI-powered image processing and editing. The API offers features including image retouching, background removal, color adjustments, and automated editing workflows, with support for bulk operations processing thousands of images simultaneously. The solution targets e-commerce, social media, marketing, and creative industries, providing high-quality image production with minimal latency. The API includes function calling for third-party tool integration and offers flexible pricing based on API call volume.
Toggle3D.ai (OTCQB:TGGLF) has unveiled significant upgrades to its AI-powered 3D platform, including Dropbox integration and an enhanced user experience. Key improvements include:
1. Enterprise-level file uploads from Dropbox
2. Enhanced photo rendering (1k to 4k resolution)
3. New Content Management System for hosting and sharing 3D models
4. Easy AR integration and 3D model embedding on websites
5. Intuitive user interface
These enhancements aim to streamline workflows, improve collaboration, and provide immersive customer experiences. The platform offers advantages such as low-cost alternatives to photo shoots, high-quality image production, and versatile product visualization. With the eCommerce Product Photography Market expected to reach $275.4 Billion by 2030, Toggle3D.ai is positioning itself to capitalize on the growing demand for high-quality visuals in online retail.
Toggle3D.AI announced significant updates to its platform, introducing a pioneering AI-powered rendering studio. This new feature allows users to produce up to eight high-resolution images (1K to 4K) swiftly, catering to the $129 billion eCommerce product photography market. The platform's pay-as-you-go credit system offers an affordable way to create 3D models and product images, eliminating the need for costly photoshoots. Key benefits include low costs, high-quality images, instant results, versatile angles, eCommerce readiness, and easy customization. The eCommerce product photography market is forecasted to grow to $275.4 billion by 2030, driven by the need for quality visuals in online retail. Toggle3D.AI's technology aims to enhance customer engagement, reduce return rates, and increase conversion rates, providing a comprehensive solution for eCommerce businesses.
Toggle3D.ai has launched an innovative AI-driven CAD Photography Studio aimed at revolutionizing how manufacturers use CAD files. The studio utilizes advanced generative AI algorithms to convert CAD files, apply 4K textures, and publish high-quality 4K 3D models. This technology is particularly beneficial for industries like furniture, automotive, and machinery, allowing rapid prototyping and visualization. With affordable pricing starting at $2 per render, the tool is accessible to manufacturers of all sizes. The market for CAD file-based applications is expected to grow from USD 10.11 billion in 2024 to USD 15.77 billion by 2032, presenting substantial revenue opportunities for Toggle3D.ai.
Toggle3D.ai, an AI-powered 3D modeling company, has secured a significant enterprise deal with a leading jewelry manufacturer. This partnership leverages Toggle's advanced GPT AI technology to convert CAD files into high-quality 4K 3D models. The deal, valued at $100,000 to $300,000 annually, will commence training in June 2024. The jewelry manufacturer plans to process approximately 250,000 CAD files each year, using Toggle's rendering services priced between $2 to $5 per render based on volume. This agreement underscores the growing interest from multiple industries in converting CAD files to photorealistic 2K, 4K, and 8K renders. Toggle3D.ai, in collaboration with Nextech3D.ai and led by CEO Hareesh Achi, aims to drive the AI-driven shift from 2D to 3D modeling in e-commerce, with significant adoption by major brands.
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