Nextech3D.ai Achieves Breakthrough in AI-Powered Augmented Reality for Global Retailers

It was a crisp fall morning in 2018 when Evan Gappelberg, CEO of Nextech3D.ai, was on the threshold of a pivotal moment in his career. The company Gappelberg built uses advanced artificial intelligence to create detailed 3D models from 2D photos, transforming flat 2D photos into interactive, 3D-enhancing online shopping experiences. As sunlight filtered through the glass walls of his office, it glinted off monitors displaying the latest in 3D modeling. This wasn’t just another day; it was the culmination of decades of advances in photography. Nextech3D.AI, a publicly traded company (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a certified third-party 3D content provider (ECP) for Amazon and a leading AI-powered generative 3D modeling technology company for large e-commerce entities, today announced its intention to transform the e-commerce landscape with its patented AI-powered 3D modeling technology.

In an industry where visualization is key, Nextech3D.ai’s ability to create accurate 3D models from 2D photographs bridges the gap between online shopping and the in-store experience. The partnership with Amazon, the world’s largest online retailer, highlights the potential for AI to improve how consumers interact with products online. As Gappelberg prepared for his media appearance, anticipation was building around the technology’s potential impact on the future of e-commerce.

Building a vision

Nextech3D.ai was founded in 2018 out of Gappelberg’s ambition to advance augmented reality and artificial intelligence. With a $50 million investment in patented AI technology, the company aimed to create 3D models for e-commerce platforms. Their goal was simple but meaningful: to make online shopping as detailed and reliable as visiting a brick-and-mortar store, all from the comfort of your own home.

“We wanted to make online shopping as easy and enjoyable as browsing your favorite store” Gappelberg said. “With our patented AI technology, we can create 3D models that look realistic and are easy to scale, which has allowed us to work with big brands like Amazon.” With this significant investment, Nextech3D.ai has become an industry leader ready to meet the changing demands of e-commerce.

Nextech3D.ai uses advanced algorithms to transform simple 2D photos into detailed 3D models. This process eliminates the need for expensive and time-consuming photo shoots, reducing costs and speeding up the time it takes for products to appear online. The technology also includes a virtual try-on feature, increasing customer confidence and reportedly doubling conversion rates. This development makes online shopping more interactive and engaging.

Elevating e-commerce with 3D

The partnership between Nextech3D.ai and Amazon is poised to transform the e-commerce industry, which is expected to reach approximately $6.3 trillion by the end of 2024. As a certified Amazon 3D content provider, Nextech3D.ai’s technology will be featured on the Amazon platform, enabling millions of merchants to transform flat 2D product images to view them in detailed 3D. This partnership marks a significant milestone for both companies and underscores the growing role of augmented reality and artificial intelligence in retail.

“The partnership with Amazon is an incredible opportunity” Gappelberg explained. “Their focus on improving customer experiences aligns perfectly with our mission. Together, we are redefining what online shopping can be.” For consumers, this means a more interactive and informative shopping experience. Products can be viewed from every angle, with the ability to zoom in on intricate details, offering a level of clarity and engagement that traditional images simply cannot match.

Nextech3D.ai’s diverse customer base includes majors like Miele, Sony, Procter & Gamble, NAPA Auto, and Kohl’s, in addition to Amazon. This broad clientele demonstrates the broad reach and application of Nextech3D.ai’s technology across industries. The industry expert pointed out the potential benefits, but also cautioned against relying too heavily on the technology. “While 3D modeling in e-commerce has huge potential, it’s important to balance technology with practicality. Not all products require such detailed visualization, and retailers and consumers will have to learn how to do this.” the expert noted.

Sustainable growth and future prospects

In 2024, Nextech3D.ai delivered over 100,000 3D models, demonstrating its ability to scale and meet market demand. The global e-commerce market continues to grow, with a projected annual growth rate of 20% to 25% through 2025. With the growth of online shopping, the incorporation of augmented reality (AR) and artificial intelligence (AI) technologies is key to improving customer experiences and increasing sales.

Nextech3D.ai is well-positioned to capitalize on these trends. Their technology meets current market needs and anticipates future requirements. Through continued investment in research and development, the company aims to remain at the forefront of delivering solutions that enhance the online shopping experience. With a global reach, Nextech3D.ai has delivered millions of AR experiences, demonstrating the scalability and marketability of their technology.

Gappelberg looks to the future with optimism, emphasizing the importance of adaptability and forward thinking. “Online shopping is constantly changing. We want to stay ahead of the curve and give our customers the tools they need to succeed in the digital world” he said. This proactive approach ensures that Nextech3D.ai will continue to be a leader in integrating AI and AR technologies into e-commerce.

Expansion into new sectors

Nextech3D.ai plans to expand into healthcare, education, and real estate, using augmented reality (AR) and artificial intelligence (AI) for a variety of applications. In healthcare, AR can facilitate virtual consultations by providing easy access to medical professionals. Education can benefit from immersive experiences that make learning more engaging, while real estate can use interactive property tours to allow buyers to tour homes remotely. These expansions show the versatility of Nextech3D.ai’s technology beyond retail.

AR can improve patient care by making virtual consultations more immersive and realistic. It can bring lessons in education to life by making them more engaging. Real estate can benefit from AR by offering virtual tours of properties, saving time and resources while providing detailed views of properties. By exploring these new sectors, Nextech3D.ai aims to create value across multiple industries.

A new chapter for e-commerce

The partnership between Nextech3D.ai and Amazon marks a new era for e-commerce. The integration of 3D modeling technology enhances the online shopping experience, providing consumers with greater confidence and satisfaction. This gives retailers a competitive advantage, supporting customer growth and loyalty.

This partnership highlights the shift towards digital commerce and the role of technology in shaping consumer behavior. As AR and AI evolve, they will transform online shopping, setting new industry standards. The partnership with Amazon demonstrates Nextech3D.ai’s proficiency and ability to lead this technological transformation.

“We are just beginning to see what we can do. The possibilities of 3D and augmented reality to improve our daily lives are enormous. At Nextech3D.ai, we are excited to explore these possibilities and deliver solutions that really help.” Gappelberg emphasized. With this vision, Nextech3D.ai aims to influence the future of e-commerce. The partnership with Amazon and others is a step toward a future where technology and retail merge in new ways.

As Nextech3D.ai continues to advance AI and AR, the company remains committed to empowering businesses and improving consumer experiences. With leaders like Gappelberg, the future of e-commerce looks bright. For investors, Nextech3D.ai offers a promising opportunity that is well-positioned for growth and success in the changing e-commerce landscape. This proactive approach ensures that Nextech3D.ai will continue to be a leader in integrating AI and AR technologies into e-commerce.

Key features of Nextech3D.ai’s 3D platform offering:

Hassle-free 3D modeling:Upload your 2D and CAD files to our platform and Nextech3D.ai will build accurate, large-scale 3D models.

AI-driven 3D texturing:Enhance 3D models with realistic textures using text or image tooltips and apply textures to your 3D models.

Rendering 2D photos from 3D models: Generate high-quality 2D images from 3D models for versatile use. Increased return on investment (ROI) from 3D models, no more expensive photoshoots.

Compliance and publishing:Send us your existing 3D models and we’ll check if they meet Amazon standards and publish them on your product pages on Amazon.

For more information, please contact:

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Evan Gappelberg, CEO/Founder
866-ARITIZE (274-8493)

About Nextech3D.ai

Nextech3D.ai, or “Business,” (OTCQB: NEXCF) (CSE: NTAR) (FSE: 1SS) is a comprehensive augmented reality and AI technology company that leverages its proprietary artificial intelligence (AI) to create immersive 3D experiences at scale for manufacturers with CAD files and for E-COMMERCE sellers. The company’s primary focus is creating high-quality photorealistic 3D WebAR models for Amazon and various other online retailers with its patented 2D-3D technology.