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.
Nextech3D.ai Corp. develops AI and machine-learning software for event technology, digital commerce, and spatial computing. Its updates center on enterprise event platforms, including Eventdex, Map D/Map Dynamics and Krafty Labs, as well as AI-driven event intelligence, automation, computer vision, 3D modeling, digital twins and ARitize3D product visualization.
Company news also covers platform monetization and integrations such as hotel booking, blockchain-based ticketing, custodial wallets and fiat checkout, along with enterprise contracts, operating-efficiency initiatives, auditor changes and insider ownership activity.
Nextech3D.ai (OTCQX:NEXCF) has launched a new app integrating Artificial Intelligence and Augmented Reality for event management. The app combines features from MapD and ARway, creating a unique solution in the $50 billion events industry. Key features include mobile exhibitor management, in-app push notifications, real-time attendee tracking, AI-powered networking, and AR integration for enhanced attendee experiences. The new features are available immediately, with additional enhancements planned for Q2 of 2023.
Nextech3D.ai (CSE:NTAR)(OTCQX:NEXCF) has filed a provisional patent for its innovative 3D model creation technology, building on its previous patent from last year. This advancement signifies the company's ongoing commitment to developing its presence in the metaverse and augmented reality sectors. Investors may see potential growth in Nextech3D.ai as the company actively engages in groundbreaking technologies. Meanwhile, Mullen Group has renewed its normal course issuer bid, repurchasing over 2 million shares for $26.8 million, with a new share repurchase limit of nearly 8.6 million shares extending to March 2024.
Nextech3D.ai has announced the filing of a provisional patent for its innovative AI technology that transforms 2D photos into 3D models, enhancing the $5.5 trillion e-commerce industry. This patent builds on prior patents and positions the company as a leader in 3D modeling. CEO Evan Gappelberg emphasized that the company has been preparing for this moment, anticipating strong market demand. Nextech boasts a dataset exceeding 70,000 3D objects, surpassing the largest publicly available dataset, and expects significant revenue growth in 2023 due to advancements in generative AI.
Nextech AR Solutions has rebranded as Nextech3D.ai to better reflect its focus on augmented reality and 3D technologies. The company opened trading at C$0.67. CEO Evan Gappelberg discussed this transition in an interview.
ARway Corp has filed for a provisional utility patent with the USPTO, titled 'System & method for generating 3D digital twins from property floorplan images for Augmented Reality systems'. This technology aims to enhance AR content authoring by transforming 2D images into 3D digital twins. Both companies' latest developments were highlighted in interviews released by The Power Play by The Market Herald.
Nextech AR Solutions Corp. has rebranded as Nextech3D.ai to align with its focus on AI-powered 3D modeling for e-commerce. The company, leveraging generative AI, aims to become cash-flow positive. CTO Nima Sarshar has expanded the AI team, enhancing development efforts. With a dataset of over 70,000 3D objects ready for AI training, Nextech3D.ai claims to surpass the largest known dataset, ShapeNet. CEO Evan Gappelberg highlights the competitive advantage in the $100 billion 3D market. The company is also implementing breakthrough AI technologies to improve 3D model production, positioning itself for revenue growth in 2023.
Nextech AR Solutions Corp. has rebranded to Nextech3D.ai to better reflect its focus on AI-powered 3D modeling, aiming for profitability in the booming $100 billion 3D market. The company has strengthened its AI team with three new scientists and has developed a dataset of 70,000+ 3D objects, surpassing existing datasets in quality. CEO Evan Gappelberg emphasized the competitive edge gained through generative AI in transforming their business. With recent advancements and a strong relationship with Amazon, Nextech3D.ai is poised for significant revenue growth in 2023 and beyond.
Nextech AR Solutions Corp (OTCQX:NEXCF) will be presenting at the Emerging Growth Conference on March 8, 2023, from 10:15 - 10:45 a.m. ET. CEO Evan Gappelberg will showcase the company's advancements in 3D modeling and augmented reality (AR) technologies, emphasizing their applications in the $5.5 trillion e-commerce market.
The presentation allows for real-time interaction with investors, who are encouraged to submit questions in advance to maximize engagement. An archived webcast will also be available for those unable to attend live.
ARway Corp (CSE:ARWY)(OTCPK:ARWYF) has launched a wayfinding pilot project at the Donegal County Museum in Ireland, part of a larger European digital initiative through ERNACT. This project aims to enhance visitor engagement using the ARway platform. The company’s CEO, Evan Gappelberg, discussed the pilot's significance in a recent interview. Other companies featured in recent interviews include Nextech AR, Vista Gold, INEO Tech, and Datametrex, highlighting their latest developments. The interviews provide insights for investors about market movements and corporate strategies.
Nextech AR Solutions Corp. (OTCQX:NEXCF) has unveiled new machine learning and computer vision technologies for its Toggle3D platform. These innovations enable a remarkable 95% reduction in CAD file sizes, crucial for developers creating complex virtual experiences. Toggle3D now allows CAD files, typically over 625 MB, to be optimized down to merely 31.6 MB without visible quality loss, thus positioning it as a leader in the $160 billion global CGI application software market. The company aims to boost subscriptions and is advancing towards a spin-out IPO of Toggle3D.ai, with trading expected to start in Q2 2023.
Nextech AR Solutions Corp. (OTCQX:NEXCF) has announced that Q1 2023 is expected to be a record quarter for 3D modeling, driven by its generative AI technology. The company has achieved a 720x increase in 3D texture production speed, reducing processing time to mere seconds. This innovation strengthens Nextech's competitive position in e-commerce 3D modeling. Additionally, the ARitize 3D platform continues to expand its library of 3D model parts, currently at 100,000 and projected to reach 1,000,000. Nextech's holdings of ARway shares worth an estimated $15 million further contribute to its market cap. Shares are currently trading at $0.71.