Nextech3D.AI, a generative artificial intelligence (AI) company, has filed to move its stock from the OTC market to the NASDAQ Capital Market. This move comes as the demand for generative AI continues to grow rapidly, with projections estimating the market to reach $1.3 trillion within the next decade. Companies like Nextech3D.AI are at the forefront of this emerging industry, and their innovative technologies are set to have a significant impact across various sectors.
According to Bloomberg Intelligence, generative AI could contribute between $2.6 trillion and $4.4 trillion to the global economy annually. Additionally, Goldman Sachs predicts that generative AI could drive a 7% increase in global GDP, amounting to almost $7 trillion, and boost productivity growth by 1.5 percentage points over ten years. Big players like Amazon and Salesforce have already recognized the potential of generative AI and are incorporating it into their operations.
Nextech3D.AI has positioned itself as a leading supplier of generative AI-powered 3D models for major e-commerce retailers such as Amazon, P&G, and Kohls. The company is becoming the go-to provider for transforming 2D photos into realistic 3D models in the $5.7 trillion global e-commerce industry. Through their breakthrough patent-pending Generative AI, Nextech3D.AI can produce high-quality 4K 3D models at a hyper-scale, revolutionizing the online shopping experience.
Instead of relying on flat, 2D images, online shoppers will have the ability to view products from every angle using 3D models and augmented reality. This advancement marks a transformative shift in the e-commerce ecosystem, allowing customers to visualize products in their own homes before making a purchase.
Nextech3D.AI’s recent achievements include filing for an uplisting of its common stock to the NASDAQ Capital Market, executing a real-world demonstration of its FIXED POINT DIFFUSION FOR ROBUST 2D TO 3D CONVERSION technology for e-commerce, and securing a significant renewal contract with an S&P 400 company and the largest US department store. Under the contract, Nextech3D.AI will provide over 5,000 3D models of the companies’ most popular products.
The company follows a unique approach of developing or acquiring disruptive technologies, commercializing them, and spinning them out as stand-alone public companies while retaining a significant ownership stake. This strategy allows Nextech3D.AI to provide stock dividends to shareholders while continuing to fuel innovation.
In conclusion, Nextech3D.AI is well-positioned to capitalize on the exponential growth of generative AI. With its cutting-edge technologies and partnerships with industry giants, the company aims to revolutionize the e-commerce industry and reshape the way consumers shop online. The move to the NASDAQ Capital Market further validates Nextech3D.AI’s potential and paves the way for future success in the evolving AI landscape.
