Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced that it has entered into a strategic partnership with CSM.ai aimed at transforming 3D model creation for eCommerce.
The collaboration combines Nextech3D.ai’s expertise in AI-powered 3D modeling with CSM.ai's advanced artificial intelligence and automation capabilities to enhance efficiency, reduce costs, and scale high-quality 3D product visualization for online retailers.
After months of real-world testing and delivering hundreds of 3D models to Nextech3D.ai's clients with faster turnaround times and lower costs, the two companies signed a formal partnership agreement on March 3.
CSM.ai’s team features AI professionals with backgrounds from leading institutions such as MIT and Stanford, as well as top-tier technology startups, Nextech3D.ai highlighted.
The company is backed by prominent investors, including Reid Hoffman, Abhay Parasnis, Harry Shum, and others, and has received funding from major firms such as Intel Capital, Toyota Ventures, and A16Z Speedrun.
"Nextech3D.ai has been at the forefront of AI-powered 3D model creation, and this partnership with CSM.ai marks a major milestone in our mission to scale 3D content production with the highest quality and lowest cost for eCommerce," Nextech3D.ai CEO Evan Gappelberg said in a statement.
"CSM.ai's exceptional AI talent, backed by some of the biggest names in technology and venture capital, makes them the perfect partner to help us push the boundaries of innovation."
Canadian-listed shares of Nextech added 11.1% on Thursday to trade around $0.05.