News Archives - Page 2 of 10

TuesdayFeb 13, 2024 3:21 pm

AINewsBreaks – Nextech3D.ai (CSE: NTAR) (OTCQX: NEXCF) (FSE: 1SS) Lands $1.8M Deal, Demonstrating Scalability of Its Technology

Nextech3D.AI (CSE: NTAR) (OTCQX: NEXCF) (FSE: 1SS), a generative AI-powered 3D model supplier for major e-commerce retailers, today announced a significant $1.8 million 3D modeling contract with a major enterprise client. The deal provides significant revenue to be delivered in 2024 for the company and showcases Nextech3D.ai’s position as an industry leader for 3D modeling in the $6.3 trillion e-commerce market*. “Nextech3D.ai has been at the forefront of the massive shift from 2D static images to 3D immersive experiences, utilizing augmented reality and cutting-edge generative AI technology to create photo-realistic 4K 3D models that cater to the specific needs of…

TuesdayFeb 13, 2024 1:34 pm

AINewsBreaks – ROTH MKM Provides D-Wave Quantum Inc. (NYSE: QBTS) Analyst Day Takeaways, Reiterates Buy Rating

ROTH MKM attended D-Wave Quantum Inc.’s (“D-Wave” or “QBTS”) annual analyst day recently held at the company’s research & development headquarters. Suji Desilva, CFA, Managing Director and Senior Research Analyst at ROTH MKM, published an update as part of the investment bank’s ongoing equity research coverage to provide investors with a summary of the visit. Excerpts of the report include the following: “We believe QBTS leads the industry with 70 commercial customers and has significant pipeline visibility with its 25+ proof-of-concepts underway.” “We were encouraged by multiple QBTS customer presentations that highlight deep and impactful adoption of quantum annealing (QA).”…

TuesdayFeb 13, 2024 1:24 pm

AINewsBreaks – WestPark Capital Reiterates Buy Rating on D-Wave Quantum Inc. (NYSE: QBTS), Recaps Analyst Day Visit

WestPark Capital recently published its recap of the recent analyst day event hosted by D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software and services. Highlights of the visit included discussions by several customers about the benefits they are experiencing by using D-Wave’s solutions, anticipation for the launch of the company’s next-generation quantum processor, additional opportunities in government, and a growing number of use cases that have the potential to expand the size of the market opportunity for D-Wave to $100 billion by 2030. A key excerpt of the report reads,…

FridayFeb 09, 2024 12:11 pm

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Zapata AI Partner to Usher in the Commercial Era of Quantum Machine Learning

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers. The company announced that it has entered a multi-year strategic partnership with Zapata Computing, Inc. (operating as “Zapata AI”), the industrial generative AI software company that develops solutions and applications to solve enterprises’ difficult, industrial-scale problems. Under the partnership, the companies will develop and bring to market commercial applications that combine the power of generative AI and quantum computing technologies. “Our agreement with Zapata AI marks a significant step toward realizing the potential of combining two of today’s most…

ThursdayFeb 08, 2024 2:27 pm

AINewsBreaks — Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS) Releases Preliminary 2023 Revenue Numbers, Notes ‘Consistent Profit Margins’

Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a generative artificial-intelligence (“AI”)-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, is reporting on its preliminary unaudited financial and operating results for FY 2023, ended Dec. 31, 2023. According to the report, the unaudited results show impressive growth, with annual revenue coming in at an estimated $5 million, a 56%-plus increase compared to $3.2 million in 2022; the report also noted 70,000 3D models have been created to date. The report also estimated annual gross profit margin at 30%, which the company is anticipating will increase dramatically in…

TuesdayFeb 06, 2024 3:17 pm

AINewsBreaks — Toggle3D.ai (CSE: TGGL) (OTC: TGGLF) (FSE: Q0C) ‘Game-Changing’ 3D Modeling Solution Increases Productivity, Delivers Tangible Benefits

Toggle3D.ai (CSE: TGGL) (OTC: TGGLF) (FSE: Q0C), the all-in-one 3D modeling solution harnessing the power of generative artificial intelligence (“AI”) to convert CAD files, apply stunning 4K texturing and seamlessly publish superior 4K 3D models, is committed to redefining the 3D texturing landscape with its unparalleled speed and user-friendly interface. According to a recent release, the company is using Toggle3D to texture 3D models for Amazon as well as other customers; the announcement noted that its platform is increasing artists' productivity speed by 100% and users are seeing tangible benefits by reducing the time and cost of 3D model production. A…

TuesdayFeb 06, 2024 3:02 pm

AINewsBreaks – ARway.ai (CSE: ARWY) (OTC: ARWYF) (FSE: E65) Announces Game-Changing Launch, Early Access for ARwayKit SDK

Arway.ai (CSE: ARWY) (OTC: ARWYF) (FSE: E65) is an AI-powered augmented reality experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision. Arway.ai has announced the launch of its compatibility with Apple Inc.’s (NASDAQ: AAPL) Vision Pro alongside the revolutionary headset’s recent release. In addition, the company is now accepting submissions for its early access list for the ARwayKit SDK for the Apple Vision Pro. “The long awaited, highly anticipated Apple Vision Pro AR glasses are FINALLY here! We have been waiting for this moment for years and we knew eventually…

WednesdayJan 31, 2024 11:58 am

AINewsBreaks — Toggle3D.ai (CSE: TGGL) (OTC: TGGLF) (FSE: Q0C) Sees 75% Jump in Usage, Announces New Platform Release Featuring AI Search Engine Integration

Toggle3D.ai (CSE: TGGL) (OTC: TGGLF) (FSE: Q0C), the all-in-one 3D modeling solution harnessing the power of generative artificial intelligence (“AI”) to convert CAD files, apply stunning 4K texturing and seamlessly publish superior 4K 3D models, is reporting that in Q4 2023, it saw a 75% jump in usage. According to the report, the Toggle3D platform has 27,192 users, with 26,504, or 97%, having logged in within the last 30 days; those users come from around the world, including the United States, Canada, China, Australia, New Zealand, India, Brazil, Argentina and more. The company is planning to monetize this usage in the…

TuesdayJan 30, 2024 2:02 pm

AINewsBreaks — Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS) Inks 3D Modeling Deal with Industrial, Commercial Equipment ‘Titan’

Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a generative artificial-intelligence (“AI”)-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, has signed a new 3D modeling contract with Global Industrial Company, a titan in the industrial and commercial equipment sector with more than seven decades of market leadership. According to the announcement, the contract “has significant growth potential, as Global Industrial is an industry leader with 1.7-plus million products in 21 industrial and commercial categories including building supplies, storage and shelving, workbenches and shop desks, and more.” The new contract with Global Industrial reflects Nextech3D.ai's growing presence in…

MondayJan 29, 2024 2:33 pm

AINewsBreaks – IBN, InvestorWire to Generate Increased Interest for Quant Strats

IBN (“InvestorBrandNetwork”), a multifaceted financial news and publishing company, today announced that its InvestorWire (“IW”) was selected by Alpha Events as the official newswire for Quant Strats, the premier event for quantitative investment thought leaders. The conference is slated to take place at Quorum by Convene in New York City on March 12, 2024. IBN will serve as the official corporate communications firm for the event. Quant Strats, renowned for assembling a unique audience of specialists, including data teams, quant traders and portfolio managers, features industry speakers with unique insights and perspectives, placing a strong emphasis on real-life applications of the latest technological developments.…

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