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Rhea-AI Summary
Nextech3D.ai (NEXCF) announces a breakthrough in AI-powered 3D model search engine, reporting a 500% increase in productivity, a significant improvement from the previously announced 80% increase. The company plans to release the AI search engine to the public in Q1 2024, aiming to capitalize on the $5.5 trillion e-commerce market. CEO Evan Gappelberg highlights the potential for significant revenue and profit growth through the sale of the search engine. The technology combines computer vision and AI to streamline and accelerate 3D model production, with the ability to create new 3D models quickly, positioning itself as a gold standard in the industry.
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Rhea-AI Sentiment
End-of-Day
3.29%
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Rhea-AI Summary
Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS) has announced a new breakthrough AI Powered 3D model search engine that has increased the Company’s 3D modeling productivity by up to 80%. The AI search engine for 3D models, which uses both images and text prompts for search, is expected to lead to significant revenue growth in 2024. The Company plans on releasing its AI search engine in Q1, 2024 for general use and charging on a per use basis. CEO Evan Gappelberg commented that this technology has major growth potential, and the Company expects to release it for general use soon, which will be the launch of the first AI-powered 3D model search engine. The AI learns and becomes progressively more productive as more searches are conducted and the tool is used more frequently. The Company anticipates that the mass-scale adoption of AI in the 3D modeling space will contribute significantly to its growth in the market throughout the year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.26%
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Rhea-AI Summary
Nextech3D.ai (NEXCF) has announced a breakthrough AI-powered 3D model search engine that has increased the company's 3D modeling productivity by up to 80%. The CEO, Evan Gappelberg, believes this technology has major growth potential and plans to release it for general use in Q1, 2024, leading to significant revenue growth. The company has already gone live with its proprietary AI-Powered 3D model search engine and aims to sell it to others, potentially leading to significant revenue and profit growth. Nextech3D.ai is also actively pursuing patents to safeguard its proprietary advancements and is committed to ongoing research and development. The company anticipates that the mass-scale adoption of AI in the 3D modeling space will contribute significantly to its growth in the market throughout the year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.26%
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Rhea-AI Summary
Nextech3D.AI (NEXCF) announces an uptick in sales with six 2024 contracts renewals, reflecting a diverse range of industries and indicating broad applicability and demand for its services. The company anticipates continued momentum in 3D modeling demand and is continuing to develop patents around its proprietary technology while building and launching breakthrough AI for the mass scale of 3D models, which it sees as a significant growth market in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
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Rhea-AI Summary
Nextech3D.AI (NEXCF) announces an uptick in sales with six 2024 contracts renewals from major retailers, reinforcing its position as a leader in AI-3D model supply for e-commerce. CEO Evan Gappelberg is optimistic about continued momentum in 3D modeling demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
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Rhea-AI Summary
Nextech3D.AI (NEXCF) leverages proprietary AI-Powered 3D model search engine for faster 3D model production, aiming to scale-up operations and increase productivity in 2024.
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Rhea-AI Sentiment
End-of-Day
12.95%
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Nextech3D.ai (NEXCF) announces the launch of its proprietary AI-Powered 3D model search engine, designed to scale up 3D model production. The company aims to leverage this groundbreaking AI tool to increase the number of 3D models it can produce, recognizing the challenges faced by 3D artists in building intricate designs from scratch. The CEO expects the new AI capabilities to start showing up in the company's bottom line profitability in Q1, 2024.
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Rhea-AI Sentiment
End-of-Day
12.95%
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Nextech3D.ai (NEXCF, NTAR, 1SS) to Discuss ARitize 3D, ARway, and Map D Business Units in Special Proactive Investors Livestream
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Rhea-AI Sentiment
End-of-Day
-6.67%
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Nextech3D.AI (NEXCF) Announces Private Placement Offering
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Rhea-AI Sentiment
End-of-Day
-6.67%
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Rhea-AI Summary
Nextech3D.AI (NEXCF) enters into a binding agreement with VCI Global Limited to grant up to a 51% interest in its proprietary artificial intelligence platform for 3D modeling and associated assets. VCI will make cash payments and purchase common shares of the company in a concurrent private placement, subject to various conditions and approvals.
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Rhea-AI Sentiment
End-of-Day
-16.76%
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