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Toggle3D AI Inc (TGGLF), also known as Toggle3D.ai or Toggle.ai in its public communications, is a Technology sector company in the Software – Application industry that focuses on AI-powered 3D rendering, image creation, and photography tools. Its news flow provides insight into how the company develops and deploys platforms such as its generative AI 3D SaaS, the Photo Studio API, and the FOTOgpt.ai AI photography studio.
News releases from Toggle3D.ai cover product and platform updates, including the launch of its Photo Studio API for AI-driven image editing and manipulation, and the integration of FOTOgpt.ai’s AI photography capabilities into the MapD event technology platform. These updates describe features such as CAD file conversion, 4K texturing, AI photo rendering, background removal, automated editing workflows, and bulk image processing.
Investors and followers of TGGLF can also use the news stream to track corporate and governance developments. Recent announcements include share issuances to the Chief Executive Officer in satisfaction of indebtedness, a private placement acquisition of shares by the CEO, stock option grants to directors and an executive, board member changes, and a change in fiscal year‑end from January 31 to March 31 to align reporting with affiliates.
Because Toggle3D.ai operates at the intersection of AI, e‑commerce visualization, and event technology, its news often highlights commercial partnerships and integrations, such as the use of FOTOgpt.ai within MapD’s event management platform. For investors, analysts, and technology observers, the TGGLF news page on Stock Titan offers a centralized view of these product launches, integrations, capital structure updates, and governance changes as disclosed by the company.
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.
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.
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