Nextech3D.AI (CSE:NTAR) (OTCQX:NEXCF) (FSE:EP2), a generative AI-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, has announced it is moving to high-scale production. In preparation, the company also known as Nextech AR Solutions Corp. has established Nextech3D Solutions India Private Ltd., which is anticipated to increase profitability and reduce labour costs starting in Q4, 2023. This strategic transition is anticipated to reduce expenses and significantly enhance the company’s profitability and performance as it rolls out its AI solution. The company, which is now exclusively focused on high-scale production for its 3D modeling business with Amazon and other enterprise accounts, is gearing up for a record Q3 and Q4 and record 3D model growth in 2024.

This is sponsored content issued on behalf of Nextech3D.ai, please see full disclaimer here.

Join the discussion: Find out what everybody’s saying about this stock on the Nextech3D.ai Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

More From The Market Online
POET - POET's dual LR4 transmit optical engine created for ADVA.

POET Technologies stock takes flight after Foxconn deal

Foxconn Interconnect Technology picks POET Technologies (TSXV:PTK) to provide optical engines for 800G and 1.6T optical transceiver modules.

Edgewater Wireless files patent application for spectrum slicing

Edgewater Wireless Systems (TSXV:YFI) completes a patent application with the U.S. Patent and Trademark Office for spectrum slicing.

UniDoc brings AI to ER patients

UniDoc (CSE:UDOC) expands its AI partnership with DocBox, further integrating predictive analytics into emergency room operations.

SPARC AI closer to showing its tech to defence customers

Technology company SPARC AI Inc. (CSE:SPAI) successfully completes testing its SPARC AI geospatial application at 100 km per hour.