Five of the Best Artificial Intelligence Stocks for the Second Half of 2023

June 14, 2023 - Baystreet.ca


Analysts at Bank of America say AI is on the brink of an “iPhone moment” and could boost the global economy by $15.7 trillion in seven years. "We are at a defining moment - like the internet in the '90s - where Artificial Intelligence (AI) is moving towards mass adoption, with large language models like ChatGPT finally enabling us to fully capitalize on the data revolution," said the firm, as quoted by Business Insider. All of which is great news for companies such as Toggle3D.ai (CSE: TGGL), Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR), C3.AI Inc. (NYSE: AI), Nvidia (NASDAQ: NVDA), and Advanced Micro Devices (NASDAQ: AMD).

In addition, Amazon is using generative AI to help summarize product reviews. According to CNBC, “The e-retailer recently began testing a feature in its shopping app that uses AI to summarize reviews left by customers on some products. It provides a brief overview of what shoppers liked and disliked about the product, along with a disclaimer that the summary is “AI-generated from the text of customer reviews.” Even Salesforce just announced plans to invest $500 million in generative AI startup companies to accelerate the development of AI.

Look at Toggle3D.ai (CSE: TGGL), For Example

Toggle3D.ai, a groundbreaking SaaS solution that utilizes generative AI to convert CAD files, apply stunning 4K texturing, and enable seamless publishing of high-quality 3D models is pleased to announce that it has finalized the spin-out IPO from Nextech3D.ai and is now trading on the Canadian Securities Exchange under the ticker symbol: TGGL.

Go to the TGGL listing on the CSE - click here

Nextech3D.ai owns 13,000,000 common shares in escrow or about a 50% ownership stake in Toggle3D.ai.

Toggle3D.ai has raised $2,158,118 and issued 8,632,473 units (the “Units”) at a price of $0.25 per Unit. Each Unit consists of one common share (“Share”) in the capital of the Company and one share purchase warrant with each Warrant being convertible into an additional Share at an exercise price of $0.50 for a period of 36 months from the date of issuance.

4 million Toggle3D.ai common shares have been issued as a stock dividend to Nextech3D.ai shareholders on a pro-rata basis which are now expected to settle in brokerage accounts this week The spin-out of Toggle3D.ai follows Nextech's successful spin-out on 10/26/2022 of ARway.ai, currently trading on (CSE: ARWY), (OTCQB: ARWYF) and (FSE: E65). Full details of the spin-out can be found in Nextech’s management information circular filed on SEDAR.

Toggle3D.ai’s CEO Evan Gappelberg commented, “With today’s listing of Toggle3D, we successfully raised over $2.1 million dollars without selling any Nextech shares, and issued 4 million new shares in TGGL to our shareholders, representing approximately a 3.6% stock dividend, while retaining 13 million shares in TGGL.” He continued, “We are continuing to deliver value for our shareholders with these spin-off companies while at the same time we are continuing to build our core business of delivering 3D models to Amazon and others.”

Toggle3D.ai (CSE: TGGL) is a groundbreaking SaaS solution that utilizes generative AI to convert CAD files, apply stunning 4K texturing, and enable seamless publishing of superior 4K 3D models, serving various industries within the $160 billion CGI market. With its Augmented Reality-based rapid prototyping web app, Toggle3D empowers designers, artists, marketers, and eCommerce owners to effortlessly convert, texture, customize, and publish high-quality 3D models and experiences, regardless of technical or 3D design expertise.

Toggle3D.ai has emerged as a standalone public Company, with plans to expand its presence to the Frankfurt and OTC markets in the near future. This strategic move drives innovation and unlocks substantial shareholder value, reflecting Nextech3D.ai’s commitment to driving the industry forward.

Other related developments from around the markets include:

Nextech3D.AI, a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce the Company has successfully executed the first end-to-end demonstration in the real-world of its “FIXED POINT DIFFUSION FOR ROBUST 2D TO 3D CONVERSION” technology to be used for e-commerce. Nextech3D.ai uses fixed-point diffusion for learning to construct 3D models from 2D reference photos as was described in a recently filed provisional patent. Watch a video showcasing Fixed Point Diffusion technology for 2D to 3D conversion: click here

Diffusion models provide a solution for creating 3D models from 2D reference photos, either as a whole, or part-by-part by evolving differentiable, deformable templates to convert into 3D parts, conditioned on one or more reference photos of the part. Fixed-point diffusion builds on that idea and ensures the resulting final mesh has clean, predictable quad topology suitable for further editing and rendering. As previously announced, over the last several years Nextech3D.ai has been building tens of thousands of high-quality, fully textured, 4K photo-realistic 3D assets, with millions of individual parts. These 3D parts get harvested into Nextech3D.ai’s “3D parts library”, synthetically rendering them from random views, and using them to train new diffusion models that are able to autonomously reconstruct 3D mesh parts from reference photos.

C3.AI Inc., the Enterprise AI application software company, announced that C3 Generative AI is now available on the AWS Marketplace. Adding C3 Generative AI to the AWS Marketplace accelerates the procurement and onboarding process, enabling customers to rapidly access C3 AI and AWS’s combined Generative AI expertise in just a few clicks. “We enjoy a robust partnership with AWS, its strength demonstrated by the large number and success of our mutual customers,” said C3 AI CEO Thomas M. Siebel. “There is tremendous interest in C3 Generative AI on AWS. C3 Generative AI provides a natural language search interface that helps diverse users in the most complex organizations quickly and easily use LLMs and GPT to access enterprise data and AI insights.”

Nvidia and WPP announced they are developing a content engine that harnesses NVIDIA Omniverse™ and AI to enable creative teams to produce high-quality commercial content faster, more efficiently and at scale while staying fully aligned with a client’s brand. The new engine connects an ecosystem of 3D design, manufacturing and creative supply chain tools, including those from Adobe and Getty Images, letting WPP’s artists and designers integrate 3D content creation with generative AI. This enables WPP's clients to reach consumers in highly personalized and engaging ways, while preserving the quality, accuracy and fidelity of their company’s brand identity, products and logos.

Advanced Micro Devices announced the AMD Radeon™ RX 7600 graphics card, optimized to provide next-generation, high-performance 1080p gaming, streaming and content creation with stunning visual fidelity. The AMD Radeon RX 7600 graphics card is built on the groundbreaking AMD RDNA™ 3 architecture, featuring redesigned compute units with unified raytracing and AI accelerators and second-generation AMD Infinity Cache™ technology. Designed to deliver incredible 1080p gaming experiences, the Radeon RX 7600 graphics card provides an ideal upgrade for legions of gamers.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Nextech3D.AI by Nextech3D.AI. We own ZERO shares of Nextech3D.AI. Please click here for disclaimer.

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