Latest news with #3Dmodeling
Associated Press
4 days ago
- Business
- Associated Press
CORRECTION: Nextech3D.ai Migrates MAP Dynamics to AWS, Enabling Scalable AI Architecture and Accelerated Deployment
TORONTO, ON / ACCESS Newswire / May 30, 2025 / (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), a leading technology company specializing in AI-powered 3D modeling, AI Event Management and AI Navigation, announces the migration from liquid web to AWS. This Cloud migration enables faster feature development, better customer experience, and a stronger competitive position in the global AI event technology market. Evan Gappelberg, CEO of comments 'Our investment in AWS is more than a cloud migration-it's the foundation for MAP Dynamics to become an AI-native event platform. With AWS, we can now deploy advanced AI-driven features faster than ever before, enhance real-time performance, and expand globally - all while delivering unmatched reliability and intelligence for our users.' Gappelberg continues 'Our successful migration to AWS is just one part of a broader strategy to optimize operations and position for sustainable, long-term growth. Over the past year, we've made significant progress in managing our financials-reducing our burn rate and improving operational efficiency. As a result, the company is now in a much stronger and more stable financial position, allowing us to invest confidently in our AI roadmap and product innovation.' The successful migration of its flagship MAP Dynamics event management platform to Amazon Web Services (AWS) is designed to accelerate the development of new features, enhance platform reliability, and enable global scalability - positioning MAP Dynamics to deliver exceptional customer experiences and capture increased market share. As event organizers increasingly demand robust, flexible, and feature-rich solutions, investment in AWS provides the foundation to meet those expectations. The migration empowers the company to innovate faster, serve larger events, and compete more effectively with other global providers in the digital event management space. Key AI-Driven Advantages Enabled by the Migration: This migration lays the groundwork for MAP Dynamics' transformation into an adaptive, intelligent event tech platform that not only meets but anticipates organizer needs - from planning through execution. As the demand for smart, flexible, and scalable event solutions continues to rise, partnership with AWS ensures MAP Dynamics remains at the forefront of AI innovation in the digital events space. For more information about the MAP Dynamics platform and technology solutions, please visit: has also renewed its share purchase warrant program, issuing 15,500,351 share purchase warrants (the 'Warrants') to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.05 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success. and Arway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D, is well-positioned for continued growth in the rapidly expanding AI, 3D modeling, and augmented reality sectors. For more information, visit Sign up for Investor News and Info - Click Here For more information and full report go to For further information, please contact: Evan Gappelberg /CEO and Director 866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. has also renewed its share purchase warrant program, issuing 15,500,351 share purchase warrants (the 'Warrants') to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.05 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success. and ARway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D, is well-positioned for continued growth in the rapidly expanding AI-powered 3D modeling, AI Event Management and AI Navigation. For more information, visit Sign up for Investor News and Info - Click Here For more information and full report go to For further information, please contact: Evan Gappelberg /CEO and Director 866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. SOURCE: press release
TechCrunch
27-05-2025
- Business
- TechCrunch
One of Europe's top AI researchers raised a $13M seed to crack the ‘holy grail' of models
From OpenAI's 4o to Stable Diffusion, AI foundation models that create realistic images from a text prompt are now plentiful. In contrast, foundation models capable of generating full, coherent 3D online environments from a text prompt are only just emerging. Still, it's only a question of when, not if, these models will become readily available. Now one of Europe's most prominent AI 3D model researchers, Matthias Niessner, has taken an entrepreneurial leave of absence from his visual computing & AI lab at the Technical University of Munich to found a startup working in the area: SpAItial. Formerly a cofounder at Synthesia, the realistic AI avatar startup valued at $2.1 billion, Niessner has raised an unusually large seed round for a European startup of $13 million. The round was led by Earlybird Venture Capital, a prominent European early-stage investor (backers of UiPath, PeakGames for instance) with participation from Speedinvest and several high-profile angels. That round size is even more impressive when taking into account that SpAItial doesn't have much to show the world yet other than a recently released teaser video showing how a text prompt could generate a 3D room. But then, there's the technical team that Niessner assembled: Ricardo Martin-Brualla, who previously worked on Google's 3D teleconferencing platform, now called Beam; and David Novotny, who spent six years at Meta where he led the company's text-to-3D asset generation project. Their collective expertise will give them a fighting chance in a space that already includes some competitors with a similar focus on photorealism. There's Odyssey, which raised $27 million and is going after entertainment use cases. But there's also World Labs, the startup founded by AI pioneer Fei-Fei Li, and already valued at over $1 billion. Niessner thinks this is still little competition compared to what exists for other types of foundation models, but also in regard to 'the bigger vision' he and others are pursuing. Techcrunch event Join us at TechCrunch Sessions: AI Secure your spot for our leading AI industry event with speakers from OpenAI, Anthropic, and Cohere. For a limited time, tickets are just $292 for an entire day of expert talks, workshops, and potent networking. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW 'I don't just want to have a 3D world. I also want this world to behave like the real world. I want it to be interactable and [let you] do stuff in it, and nobody has really cracked that yet,' he said. Image Credits:SpAItial Video games to the real world Nobody has really cracked yet what the demand for photorealistic 3D environments might be, either. The promise of a 'trillion-dollar' opportunity ranging from digital twins to augmented reality seems big enough to excite VCs, but it is also vague and multifaceted enough to make go-to-market strategy hard to figure out. The most obvious use case is for video game creation, but these models could also have applications in entertainment, 3D visualizations used in construction, and eventually usage in the real world for areas like robotic training. Niessner is hoping to bypass that issue by having developers license the foundation model to come up with downstream applications for specific uses. He also enlisted a fourth cofounder, former Cazoo executive Luke Rogers, once his roommate in Palo Alto while he was a visiting assistant professor at Stanford, to help him on the business side. One of the first tasks on SpAItial's roadmap will be to identify partners that can work with earlier models, versus those that would have to wait for higher quality. 'We want to at least work with a few partners,' Niessner said, 'and see how they can use the APIs.' Compared to other well-funded AI startups, SpAItial is putting revenue higher up on its agenda. But first, it will have to spend some, both on compute and on hiring. For the latter, its focus is on quality, not quantity. According to Niessner, 'the team is not going to grow to hundreds of people right away; it's just not happening, and we don't need that.' Instead, Niessner and his cofounders are working on generating larger and more interactive 3D spaces, where, for example, a glass can shatter realistically. This would unlock what Niessner refers to as the 'Holy Grail': that a 10 year old could type in some text and make their own video game in 10 minutes. In his view, this ambitious goal is actually more achievable than what might seem like the low-hanging fruit — letting users create3D objects — since most gaming platforms still tightly control what third parties can add. That is, of course, unless they decide to build it themselves, as Roblox might. But by then, SpAItial might be busy replacing CAD instead; the next chapter in 3D generation is only beginning.
Geeky Gadgets
18-05-2025
- Geeky Gadgets
HoloMat Holographic Sci-Fi Workbench : Engineer Like Tony Stark
What if you could design, prototype, and fabricate with the same effortless precision as Tony Stark in his high-tech lab? Imagine rolling out a sleek, interactive surface that lets you manipulate life-size 3D models, control fabrication tools, and even bring your ideas to life with simple voice commands. Bold claim? Not anymore. Meet the HoloMat, a innovative engineering tool that blends innovative technology with intuitive design to transform how we create. Whether you're a seasoned professional or a curious hobbyist, the HoloMat promises to make the once-impossible feel like second nature. Concept Bytes reveal how they created HoloMat that takes inspiration from the Iron Man movies where Tony Stark is able to build prototypes using a 3-D touch interface. Redefining engineering and design workflows through its rollable touchscreen surface, seamless machine connectivity, and voice-controlled AI. You'll discover how this futuristic workbench enables users to visualize, refine, and fabricate with unparalleled efficiency. But what truly sets the HoloMat apart is its ability to adapt to your needs—whether you're designing a product prototype, crafting an architectural model, or experimenting with creative projects. Could this be the tool that finally bridges the gap between imagination and reality? Innovative HoloMat Overview The HoloMat distinguishes itself through a combination of innovative features that enhance creativity and productivity. These include: A rollable, interactive touchscreen surface that adapts to dynamic design needs. High-resolution projection for precise, life-size visualizations. Custom software designed to streamline design and fabrication workflows. Direct integration with tools such as 3D printers and laser cutters for seamless production. Voice-controlled AI for hands-free operation and intuitive interaction. These features work together to simplify complex tasks, allowing users to focus on innovation while maintaining efficiency. Innovative Design and Construction At the core of the HoloMat is its rollable touchscreen surface, a three-layer design that combines durability with functionality. Each layer is engineered for specific purposes: Durable rubber base: Provides stability and resilience, making sure the mat stays in place during use. Provides stability and resilience, making sure the mat stays in place during use. Capacitive touch foil: Enables precise interactivity, allowing users to manipulate designs with accuracy. Enables precise interactivity, allowing users to manipulate designs with accuracy. Matte black vinyl layer: Optimized for projection clarity, making sure visuals are sharp and easy to interpret. The vinyl layer is applied using advanced techniques to eliminate imperfections, creating a smooth and long-lasting surface. The compact electronics that power the HoloMat are housed in a 3D-printed enclosure, which protects the hardware while making sure portability. This design makes the HoloMat adaptable to various work environments, from professional studios to home workshops. HoloMat Lets You Engineer Like Tony Stark Watch this video on YouTube. Discover other guides from our vast content that could be of interest on Touchscreen technology. Projection and Hardware Integration The HoloMat's projection system is a standout feature, delivering high-resolution visuals directly onto the mat's surface. The projector can be mounted on the ceiling or a stand, offering flexibility to suit different workspace configurations. This adaptability ensures that users can achieve optimal projection quality regardless of their setup. The system is powered by the Raspberry Pi 5, a compact yet powerful computing solution. Its compatibility with multiple input devices and operating systems ensures seamless integration into diverse workflows. Whether you're designing intricate prototypes or managing fabrication processes, the HoloMat's hardware is built to support your needs. Streamlined Software for Enhanced Productivity The HoloMat's custom software is designed to simplify and accelerate workflows, making it easier to transition from concept to creation. Built using React and JavaScript, the interface is intuitive and user-friendly, featuring a circular app carousel for quick access to tools and applications. Key software capabilities include: Precision drawing tools: Ideal for creating detailed 2D designs. Ideal for creating detailed 2D designs. Scaling options: Allow users to adjust dimensions for accurate prototypes. Allow users to adjust dimensions for accurate prototypes. Direct export features: Enable seamless transfer of designs to connected fabrication tools. By reducing the time and effort required for design and production, the software enhances productivity and allows users to focus on refining their ideas. Seamless Machine Connectivity The HoloMat excels in machine connectivity, offering direct integration with fabrication tools such as 3D printers and laser cutters. This capability allows users to automate production processes and monitor them in real time. Key benefits include: Real-time tracking: Monitor print status, filament levels, and other critical parameters. Monitor print status, filament levels, and other critical parameters. Live project streaming: View progress as it happens, making sure quality control. View progress as it happens, making sure quality control. Automated alerts: Receive notifications for issues such as material shortages or errors during fabrication. This level of connectivity ensures that users remain in control of their projects from start to finish, minimizing errors and maximizing efficiency. Voice-Controlled AI for Intuitive Interaction One of the HoloMat's most innovative features is its voice-controlled AI, powered by OpenAI's real-time API. This technology allows users to create complex models using simple voice commands. The AI employs advanced pipelines, including speech-to-text, text-to-image, and image-to-3D conversion, to bring ideas to life. For example, you can describe a design concept verbally, and the HoloMat will generate a corresponding 3D model. This feature not only enhances productivity but also makes the design process more accessible, particularly for users who may be new to prototyping or lack advanced technical skills. Applications Across Industries The HoloMat's versatility makes it a valuable tool across a wide range of industries and creative fields. Its adaptability allows it to cater to diverse needs, including: Product design and prototyping: Create accurate, life-size prototypes for testing and refinement. Create accurate, life-size prototypes for testing and refinement. Architectural modeling: Visualize and adjust building designs with precision. Visualize and adjust building designs with precision. Creative projects: Explore new ideas and bring artistic concepts to life. By simplifying complex workflows and offering intuitive tools, the HoloMat enables users to focus on innovation and creativity, regardless of their professional background. Future Growth and Development The HoloMat is designed with future expansion in mind, making sure it remains relevant as technology evolves. Regular software updates will introduce new features and applications, enhancing functionality and user experience. Additionally, the potential for community-driven projects opens up opportunities for collaborative innovation. Users can share ideas, contribute designs, and expand the HoloMat's capabilities, fostering a dynamic ecosystem of creativity and development. The HoloMat represents a significant advancement in engineering and design technology. By combining flexible materials, advanced software, and seamless machine connectivity, it offers a comprehensive solution for prototyping and fabrication. Whether you're a professional engineer or a creative enthusiast, the HoloMat equips you with the tools to bring your ideas to life. Media Credit: Concept Bytes Filed Under: AI, DIY Projects, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
