EXCF Stock Price, News & Analysis

EXCF

Company Description

Nextech3D.ai (formerly Nextech AR Solutions Corp) is a leading provider of Generative AI-Powered 3D modeling services for major e-commerce brands like Amazon, P&G, Kohls, and Dyson. The company has recently experienced a surge in demand from Amazon, resulting in $2.2 million in additional revenue. With a focus on groundbreaking AI technology, Nextech3D.ai is rapidly moving towards achieving positive cash flow.

CEO Evan Gappelberg emphasized the significance of the company's AI scalability in meeting Amazon's 3D model requirements. The shift from 2D photos to 3D models in e-commerce is gaining momentum, positioning Nextech3D.ai as a leader in the industry. The company's Generative AI technology has led to substantial profit margin expansion and progress towards positive cash flow.

Nextech3D.ai's vast library of 3D models enables rapid creation by assembling existing parts, reducing creation time, and driving innovation in the industry. With expansion into gaming and manufacturing, Nextech3D.ai offers investors a unique opportunity to be part of AI-powered innovation in the 3D modeling sector.

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July 27, 2023

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Nextech3D.ai Announces $2.2Million Expansion Contract From Its Largest Enterprise Customer Driving A Surge In 3D-Modeling Demand in Q3

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No SEC filings available for EXCF.

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Frequently Asked Questions

What does Nextech3D.ai do?

Nextech3D.ai provides Generative AI-Powered 3D modeling services for major e-commerce brands like Amazon, leveraging groundbreaking technology to meet the increasing demand for 3D models.

What recent achievement has Nextech3D.ai made?

Nextech3D.ai experienced a surge in demand from Amazon, resulting in $2.2 million in additional revenue. The company's profit margins are expanding significantly due to its AI-driven productivity enhancements.

How is Nextech3D.ai progressing towards positive cash flow?

Nextech3D.ai's focus on scalable AI technology and the shift from 2D photos to 3D models in e-commerce are driving the company towards achieving positive cash flow. The company's Generative AI technology has significantly expanded profit margins.

What sets Nextech3D.ai apart in the 3D modeling industry?

Nextech3D.ai's vast library of 3D models enables rapid creation by assembling existing parts, reducing creation time, and fueling innovation in the industry. The company's focus on AI-powered innovation positions it as a leader in the sector.

What was Nextech3D.ai's recent patent filing about?

Nextech3D.ai filed a provisional patent titled 'Generative AI for 3D Model Creation from 2D Photos using Stable Diffusion with Deformable Template Conditioning,' showcasing the company's groundbreaking AI technology in 3D modeling.

How can investors benefit from Nextech3D.ai's expansion into gaming and manufacturing?

Nextech3D.ai offers investors a unique opportunity to be part of a company driving AI-powered innovation in the lucrative 3D modeling sector. With expansion beyond e-commerce into gaming and manufacturing, the company is poised for exponential growth and revenue.

What event can investors join to learn more about Nextech3D.ai's Amazon partnership?

Investors can join the live event on Tuesday, August 1st, 2023, titled 'Amazon Partnership Part II,' featuring Nextech3D.ai's CEO Evan Gappelberg and COO Reza Davariar. The event will provide valuable insights into the company's partnership with Amazon.

How can individuals stay updated on Nextech3D.ai's latest developments?

To stay informed about Nextech3D.ai's latest news and updates, individuals can follow the company on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit the company's website at https://www.Nextechar.com.

What are the key offerings of Nextech3D.ai?

Nextech3D.ai's main businesses include creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace and other online retailers. The company focuses on disruptive technologies and spins them out as stand-alone public companies, retaining a significant ownership stake in the spin-outs.

How has Nextech3D.ai expanded its business beyond its core offerings?

Nextech3D.ai has spun out its spatial computing platform, 'ARway.ai,' and a innovative SaaS solution called 'Toggle3D.ai,' showcasing the company's commitment to disruptive technologies and innovation in the industry.