Nextech3D.ai Establishes New Business Unit Led by Former META Executive, Targeting Jewelry Industry with GPT AI CAD-3D Models, Blockchain Technology, and NFTs

TORONTO, ON / ACCESSWIRE / March 5, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls, Miele and others including major e-commerce platform integrations with Shopify, BigCommerce and WooCommerce, is pleased to announce that it has established a new business unit to target the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs. The initiative will be led by former META & Microsoft Executive Hareesh Achi, who is Nextech3D.ai's current Head of Product Operations. This new business unit will focus on using the GPT AI CAD to 3D texturing platform of its spin-off Company, Toggle3D.ai (OTCQB: TGGLF/ CSE: TGGL). Toggle3D.ai's technology can convert jewelry CAD files into lightweight, web-friendly 4K 3D quad meshes, then uses AI to texture the jewelry in yellow gold, white gold, or rose gold. After this is complete, the AI photography studio creates stunning lifestyle images before it is published onto the web. Toggle3D.ai intends to license this all-in-one GPT AI platform to global manufacturers, while Nextech3D.ai will be conducting the sales and marketing for this new business unit.

The Company's strategic move to license its GPT AI tech is set to remove the traditional barriers of price and volume that have long restricted the accessibility of high-quality 3D modeling technology for e-commerce and other industries. Nextech3D.ai has leveraged its groundbreaking GPT AI powered technology to dramatically slash the cost of 3D models from CAD files to $10 to $20 while producing the highest quality 4K quad mesh photo realistic models, enabling scalability while creating a new highly profitable business.

The Company recently announced the launch of the next era of GPT AI 3D product solutions of proprietary Artificial Intelligence (AI) algorithms which is the foundation of this new business unit which now is combining the power of blockchain technology and Non-Fungible Tokens (NFTs), opening new avenues for revenue and innovation across various sectors, within the jewelry industry. The Company is working at the integration of 3D modeling with blockchain technology and NFTs, focusing on its implications at first within the jewelry sector. This synergy can enhance authenticity, ownership, and engagement in a market increasingly influenced by digital natives driving value to the substantial Global Jewelry Market.