Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said the launch of its proprietary AI-powered 3D model search engine in the first quarter of 2024 has led to an increase in the production of 3D models.
The innovative AI 3D model search engine, powered by Nvidia's GPUs, accelerates and expands operations for the 3D modeling process.
Leveraging images, the engine swiftly scans Nextech's extensive internal library of 3D models and meshes, recommending closely matched alternatives.
Nexttech said a direct result of the launch of the search engine was up to a 40% increase in production and therefore the number of 3D models the company can produce.
Evan Gappelberg, CEO of Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF), told investors that the increase represents “a giant step forward” in the company’s ability to scale production of 3D models.
"By combining our five years of technical expertise in the 3D modeling industry with our new AI capabilities, we're enabling our production capabilities to rapidly scale-up and move ahead in 2024,” Gappelberg said in a statement.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF)'s AI 3D model search engine addresses the challenges faced by 3D artists by streamlining the search process for intricate designs within the company's vast library of over 200,000 3D models.
"Our patented and patent-pending AI along with new Nvidia GPU tech is allowing us to do things in terms of productivity that we just were not able to do previously, and I expect that to start showing up in the bottom line profitability of our 3D business in 2024,” Gappelberg added.