Welcome to our dedicated page for NEXTECH3D AI news (Ticker: $NEXCF), a resource for investors and traders seeking the latest updates and insights on NEXTECH3D AI stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEXTECH3D AI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEXTECH3D AI's position in the market.
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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.
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Rhea-AI Sentiment
End-of-Day
4.18%
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Rhea-AI Summary
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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Rhea-AI Sentiment
End-of-Day
-3.42%
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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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Rhea-AI Sentiment
End-of-Day
-19.91%
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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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Rhea-AI Sentiment
End-of-Day
5.83%
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.66%
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Rhea-AI Summary
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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Rhea-AI Sentiment
End-of-Day
-1.69%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.59%
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About NEXCF
nextech ar solutions is the engine accelerating the growth of the metaverse. using breakthrough ai, technology the company is able to quickly, easily and affordably aritize (transform) vast quantities and varieties of existing 2d into 3d holograms at scale making products, people and places ready for interactive 3d use, giving creators at every level all the essential tools they need to build out their digital ar vision in the metaverse. our platform agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3d assets and digital environments, compose ar experiences, and publish them omnichannel. with a full suite of end-to-end ar solutions in 3d commerce, education, events, and industrial manufacturing, nextech ar is in a unique position to meet the needs of the world’s biggest brands and all metaverse contributors. all of this focus is to drive huge roi for the metaverse economy!