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The Markets
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Nextech3D.ai taps Amazon Web Services as cloud provider

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) told investors that it has selected Amazon Web Services (AWS), an Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) company, as its cloud provider for its 3D modelling hosting services and as its AI service provider.

The augmented reality and AI technology firm said it will host dozens of its AI and machine learning applications in the “world-leading” AWS cloud.

It said it will leverage Amazon Bedrock, which makes foundation models available via an API, to build experimental generative AI applications. In turn, this is expected to boost productivity across Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF)’s business lines, including customer service, finance, human resources, and sales.

Further, the company said it will use AWS technologies, including data analytics, to inform business decisions, tailor its offering to new markets, and develop new services to meet evolving customer requirements across the eCommerce and 3D cloud sectors.

Its operating companies, Toggle3D.ai Inc (CSE:TGGL, OTCQB:TGGLF) and ARway.ai (CSE:ARWY, OTCQB:ARWYF), will take advantage of the security features offered by AWS like identity and access management to ensure a high level of security and privacy, Nextech3D.ai added.

Hareesh Achi, head of tech ops, said AWS has been a “key collaborator” for the company, supporting it to fast-track its time to market for new services and better service its global customer base.

"Customers expect effortless 3D downloads visualizations load times and transactions, and by tapping into AWS's generative AI and machine learning capabilities, we can deliver on the needs of customers rapidly, securely, and more cost-effectively,” Achi said.

“The cloud gives us the agility to build new business models that will differentiate Nextech3D.ai now and into the future. We look forward to expanding our collaboration with AWS further.”

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