In a sweeping haze of pixels, artificial intelligence, and the relentless growth of the digital empire, Nextech3D.AI (NTAR.C), a wrangler of 3D wizardry birthed from the steamy streets of Toronto, has shattered the digital ceiling of an already mind-bending realm.
Picture this: Over 50,000 mastercrafted 3D models now float around the realms of e-commerce giants like Amazon, P&G, and Kohls, with boatloads more to come – all because of this Canadian behemoth’s relentless obsession with creation.
In the backdrop of a swirling $5.5 trillion e-commerce cosmos – where Amazon alone is flaunting a stratospheric rolling inventory of over 300 million products – the reality is, 3D imagery accounts for not even a measly 1% of the total. The scope for future work is unfathomably vast. We’re talking eons of uncharted digital space waiting to be filled with lifelike, photo-realistic 4K 3D models of SKU after SKU.
But hey, let’s not get lost in the infinite expanse of it all. Let’s ground ourselves in the recent, explosive revelations from Nextech3D.AI, that dynamo in the vast e-commerce playfield, which has reported more than 155% growth recently, raking in a staggering $1.4 million in the second quarter of this year. They’re riding high on a tidal wave, expecting the surge to crest at $1.7-$1.9 million in the next quarter, which would be good for a growth of 200% YoY.
The thirst for high-quality 3D facsimiles of e-commerce products is real, and it’s insatiable. The masses are uninspired by 2D pictures, and want an out-of-this-world shopping trip to encourage their purses to open.
Evan Gappelberg, the digital maverick at the helm of Nextech3D.AI, is a reasonably cool cat most of the time but is increasingly finding it difficult to contain his enthusiasm with how his company is filling out.
“We are thrilled to have achieved this significant milestone of delivering over 50,000 3D models to our valued clients,” he said in a news release. “The accelerating demand for our immersive 3D models is a testament to our commitment to Generative AI innovation and exceptional customer satisfaction. Nextech3D.AI remains committed to providing exceptional services to its growing and diverse clients including the e-commerce giant Amazon, while embracing advanced Generative AI technology to stay ahead in the ever-evolving e-commerce landscape.”
Their dream? To be the undisputed kings of 3D modeling, blending art with algorithms, and challenging the very fabric of virtual reality, augmented reality, the metaverse, and anywhere else that might pop up in the digital zeitgeisst with a need for 360-degree spinnable, zoomable, 3D modeling imagery.
But the journey of Nextech3D.AI doesn’t just end at spitting out high-resolution models. Oh no, they’ve engineered a ludicrous breakthrough where mere words morph into tangible 3D entities. Imagine a realm where typing out “flying purple unicorn” doesn’t just give you images but spawns an incredibly detailed 3D model ready to be thrust into the wilds of online shopping.
- Got a floorplan? Nextech3D.AI spinoff ARWay (ARWY.C) has got the tech to turn it into an AR walk-through.
- Got a CAD design? Nextech3D.AI spinoff Toggle3D.AI (TGGL.C) can turn it into a 3D textured design.
- Got 500,000 2D images that need transformation into 3D imagery? Nextech3D.AI has got that part covered.
It’s a one stop shop with three different options, and all of them are useful for what’s next in tech commerce.
With the total addressable market for these 3D e-commerce spectacles speculated to skyrocket to a whopping $100 billion in the next decade, it’s clear that Nextech3D.AI isn’t just playing the game. They’re changing it, with a flair that is impressive and tech that makes it easy.
So, here’s to the mad geniuses of Toronto – in a world of 1s and 0s, they’re the wild jokers turning those digits into something more.
If you want to hear more from Evan himself, here is a recent interview!
— Chris Parry
FULL DISCLOSURE: Nextech3D.AI and Toggle3D.AI are Equity.Guru marketing clients