sur Toggle3D.AI Inc. (isin : CA88908E1079)
Toggle3D.ai Secures Major Enterprise Deal with Jewelry Manufacturer
Toggle3D.ai, an innovative company specializing in AI-powered 3D modeling, announced a significant enterprise deal with a large jewelry manufacturer. This partnership leverages Toggle3D.ai's advanced GPT AI technology to convert CAD files into high-quality 4K 3D models. The company, led by former Microsoft executive Hareesh Achi and in collaboration with Nextech3D.ai, launched a suite of GPT AI 3D solutions that attracted interest from various industries.
The jewelry manufacturer will use Toggle3D.ai's GPT Generative Rendering and Texture generation to apply gold and other textures to their designs. The contract, estimated to be worth between $100,000 and $300,000 annually, highlights the growing demand for converting CAD files into photorealistic renders in industries like automotive and consumer packaged goods.
The pricing model is based on the volume of images produced, with costs ranging from $5 per render for low-volume production to $2 for orders over 10,000 renders. The company aims to scale the production of these high-quality 3D models, utilizing its proprietary GPT rendering studio. The jewelry manufacturer has around 250,000 CAD files to process annually.
Executive leadership from both companies believe the shift from 2D to 3D modeling in e-commerce is just beginning. Major brands such as Amazon, Walmart, and IKEA are already incorporating 3D models and augmented reality shopping experiences. This transformation is expected to unfold over several decades.
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