Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a leading generative artificial intelligence (“AI”)-powered 3D modeling supplier for major e-commerce brands such as Amazon, P&G, Kohls and Dyson, is expanding into the Asian market. The company announced a major enterprise 3D modeling contract that includes thousands of product SKUs and highlights Nextech’s breakthrough generative AI technology; the announcement noted that this generative AI tech is emerging as a globally dominant AI solution for scaling the production of 3D models in the growing e-commerce industry. “With this enterprise contract, we have officially expanded into Asia, the largest and fastest growing market for ecommerce worth $3 trillion in annual revenue,” said Nextech3D.AI CEO Evan Gappelberg in the press release. “This multiyear large enterprise contract is another critical step toward our goal to be the global 3D model supplier of choice for enterprise ecommerce giants globally. We continued to see a record number of new deals for 3D models from a variety of customers in Q1 2023, which will generate significant revenue for the next few years. This latest 3D modeling contract from the Asian Pacific region of the world continues to point at the accelerating global demand for 3D models as the $5.5 trillion dollar ecommerce ecosystem pivots from flat 2D photos to 3D models. As Nextech3D.AI expands its reach, technology investors have a unique opportunity to invest in a company that is disrupting the e-commerce landscape and driving innovation in the lucrative 3D modeling sector.”
To view the full press release, visit https://ibn.fm/fcymc
About Nextech3D.AI
Nextech3D.AI, formally Nextech AR Solutions, is a diversified augmented reality, AI technology company that leverages proprietary AI to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers. The company develops or acquires what it believes are disruptive technologies and, once commercialized, spins them out as standalone public companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spinout. For more information about Nextech, please visit www.NextechAR.com.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork
