Proactive Investors - Nextech3D.AI (OTC:NEXCF), a supplier of Generative AI-powered 3D models for blue-chip retailers such as Amazon (NASDAQ:AMZN), P&G, Kohls, has announced a new contract with Global Industrial Company, a leader in the industrial and commercial equipment sector.
This deal marks a significant expansion for Nextech3D.AI into new industrial categories, as Global Industrial boasts a range of over 1.7 million products across 21 categories.
It also underscores the growing influence of Nextech3D.AI in the 3D 4K modeling industry and the increasing demand for 3D models in diverse sectors, the company said.
"The deal with Global Industrial Company not only underscores Nextech3D.ai's growing influence in the 3D modeling arena but also highlights the demand for 3D models in new industrial sectors," Nextech3D.AI said in a press release.
"3D models have the potential to transform product visualization beyond traditional Amazon e-commerce by extending its reach into the industrial and commercial categories industry."
Nextech3D.AI has recently launched a proprietary AI-powered 3D model search engine, enhancing the efficiency and speed of 3D model creation.
This tool, which leverages AI and computer vision, has significantly increased the company's productivity in 3D modeling, showing a 500% increase by reducing the time required to create models.
The search engine, initially used internally, is poised to contribute significantly to the company's revenue and profitability as it becomes available externally.