- The U.S. Patent and Trademark Office has granted Nextech3D.ai (CSE:NTAR) three new patents for AI-based algorithms for 3D models
- This addition brings the total number of 3D modeling patents held by the Toronto-based generative AI tech company to five
- The new patents encompass advanced AI algorithms that offer the most scalable and efficient methods for generating 3D models from various input sources
- Shares of Nextech3D.ai last traded at $0.09
The U.S. Patent and Trademark Office has granted Nextech3D.ai (CSE:NTAR) three new patents for AI-based algorithms for 3D models.
This addition brings the total number of 3D modelling patents held by the Toronto-based generative AI tech company to five.
The new patents encompass advanced AI algorithms that offer the most scalable and efficient methods for generating 3D models from various input sources. These algorithms provide Nextech3D.ai with a competitive advantage, enabling the development of scalable, cost-effective, and time-efficient solutions for its clients.
The company’s patented AI-driven 3D modelling technology produces photo-realistic 4K 3D models tailored for major e-commerce platforms.
As the global market for 3D and augmented reality in e-commerce continues to expand, Nextech3D.ai plans to leverage this trend over the next five years. The company’s patented AI algorithms will be crucial in delivering scalable and efficient solutions to meet the growing demand for 3D models in digital retail.
The new patents include:
“We are at the forefront of a technological change where AI, AR, and 3D model creation are set to become foundational technologies shaping our future,” Nextech3D.ai’s CEO, Evan Gappelberg said in a news release. “With these patents, Nextech3D.ai is well-positioned in the market and focused on delivering substantial value to our shareholders.”
Nextech3D.ai is a diversified technology company that leverages proprietary artificial intelligence to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other major e-commerce retailers.
Shares of Nextech3D.ai (CSE:NTAR) last traded at $0.09.
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(Top photo via Nextech3D.ai)
