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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 announced the launch of a new AI-powered 3D Model Marketplace featuring over 200,000 models priced between $20 and $95 each. Developed by Nextech3D.ai, these models have generated over $3 million in revenue with a 30% royalty on sales. The platform leverages AI to transform CAD files into high-resolution textures, enabling the creation of 2K, 4K, and 8K renders. Users can purchase and customize models, offering millions of unique combinations. Additionally, the introduction of a content management system (CAM) for 3D files is expected to enhance revenue growth.
Toggle3D.ai appoints Hareesh Achi, an ex-Microsoft executive, as the new CEO and promotes Anum Wagas to CFO. The company prepares for new product launches and rapid growth. Hareesh aims to leverage his tech expertise to drive Toggle3D's AI and 3D technologies forward. Anum Wagas, with a strong financial background, takes over as CFO.