Read more about this at Yahoo! Finance

Full Article below

Growing Portfolio Now Includes a Total of Five Patents In the Field of 3D Modeling

Read more about this at Yahoo! Finance

Full Article below

Company is Positioned for growth with its Patented 2D-3D Generative AI Powered 3D Modeling Platform

Read more about this at Yahoo! Finance

Full Article below

Nextech3D.ai, a leading generative AI-powered 3D modeling technology company for major e-commerce entities, has won a 2024 Global Recognition Award for its 3D modeling technology. The company, which trades on the OTCQX market under the symbol NEXCF, the Canadian Securities Exchange (CSE) as NTAR, and the Frankfurt Stock Exchange (FSE) as EP2, is also a certified 3D model external content provider (ECP) for Amazon. This accolade underscores Nextech3D.ai’s advancements in transforming online consumer purchases and interactions through its artificial intelligence-powered 3D modeling technology.

Read more about this at Benzinga website

• Nextech3D.ai's preliminary Q2 2024 results reveal a 70% gross profit margin, driven by $1.2 million in revenue

• Google shopping listings now available with Nextech3d.ai 3D assets

• Company is Positioned for growth with its Patented High-Margin Generative AI Powered 3D Modeling Technology at scale and AI Photography Studio for ecommerce

Nextech3D.ai Sees Ecommerce Industry Shift Accelerating to 3D Models As Major Ecommerce Platforms Discontinue 360 Spin Experiences In Favor of 3D-AI and Augmented Reality (AR) Technologies

Nextech3D.AI Expands into Specialty Retail Ecommerce with The Largest Independent Crossbow Dealer in the USA, Wyvern Creations

NextechAR Elevates AI Photography with Advanced Lifestyle Image Creation Sees large opportunity in ecommerce

TORONTO, O.N, Canada –June 6th, 2024 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a patented 2D-3D Generative AI-Powered 3D model supplier (Patent #11,948,248) for Amazon, Miele, P&G, Kohls, Wesfarmers Group ``Bunnings” (Australia’s largest listed company) and other major e-commerce retailers has been adding Digital Photography and dynamic product visuals as part of its 3D model offerings. Nextech3D.ai proudly announces a significant advancement in its AI-powered photography technology: the ability to create dynamic lifestyle images from 3D models or CAD files, representing a significant leap from 2D photography to 3D renders and photos. AI is transforming the virtual photography landscape for ecommerce, as the company is producing tens of thousands of 3D models annually it expects to produce hundreds of thousands of 3D model renders to its same customer base and expand with new customers. The company believes that its AI Photography with Advanced Lifestyle Image Creation is a large opportunity for revenue growth.

The company's advanced AI algorithms identify product categories and generate high-quality lifestyle images in just minutes.

Key advantages include:

• High-Quality Photography: No human error. Easily produces images in resolutions of 1K, 2K, 4K, and 8K.
• Faster Turnaround: Instant image generation accelerates project timelines.
• Cost Efficiency: up to 95% savings compared to traditional photoshoot expenses.

The ability to create solid backgrounds, gradient backgrounds, and lifestyle images with just a click streamlines the process of producing engaging, professional visuals. The transition from traditional 2D photography to 3D renders and photos is highly relevant in the e-commerce industry, where detailed and dynamic product images can significantly enhance consumer engagement and drive sales. NextechAR's commitment to innovation and excellence ensures that our customers receive the most advanced and efficient solutions in the industry.

Where AI really does come into its own is its ability to analyze data and automate repetitive tasks. Using NextechAR’s deep learning algorithms, AI’s image processing and recognition tools allow the AI to take better photos, and do so instantly and at a cost of 95% less that traditional photography. This is because AI can be used to enhance the quality and accuracy of photographs, improving detail and sharpness, adjusting exposure, contrast and color balance as well as identifying and removing objects if required. Machine learning algorithms further assist by analyzing enormous datasets of images, identifying and differentiating between different objects and subjects. This can be used to create personalized image recognition tools that can help the AI identify certain scenes or objects, and insert the 3D object into the scene creating an infinite amount of lifestyle photography and revenue potential.

This AI tool is expected to drive significant revenue for the company as each product listed for sale on an ecommerce platform requires a minimum of six 2D photos for listing, this offering allows the company to capitalize on this demand for 2D high res images while simultaneously increases the value of its 3D modeling business as it represents the all-in-one solutions for ecommerce sellers that sell on Amazon, Shopify and other platforms.