Toggle3D.ai announced a significant enterprise deal with a large jewelry manufacturer. The company's advanced GPT AI technology, which converts CAD files and applies high-quality 4K textures to create superior 4K 3D models, played a crucial role in securing this partnership. This development comes shortly after the launch of Toggle3D.ai's GPT AI 3D product solutions, created in collaboration with Nextech3D.ai and led by CEO Hareesh Achi, a former Microsoft executive.

Training for the jewelry manufacturer is scheduled to commence in June 2024. The contract's value, based on variable usage fees, is projected to be between $100,000 and $300,000 annually. The jewelry manufacturer will leverage Toggle's GPT Generative Rendering and GPT Texture generation to apply gold and other textures to their jewelry designs and render the pieces in breathtaking 2K and 4K photos.

This contract highlights the growing interest from various industries-including jewelry, automotive, and consumer packaged goods (CPG)-in converting CAD files to photorealistic 2K, 4K, and even 8K renders. The contract's value, based on variable usage fees, is projected to be between $100,000 and $300,000 annually. The pricing of the renderings is variable and depends on the volume of images or renderings produced using Toggle's AI rendering studio.

The jewelry manufacturer has an estimated 250,000 CAD files to be processed annually. Toggle currently offers rendering services at a cost of $5 per render for low-volume production, scaling down to $2 per render for orders exceeding 10,000 renders. The entire production process utilizes Toggle's proprietary Generative Pre-trained Transformer (GPT) rendering studio, which is designed to scale the production of renders/photos into millions based on a single CAD file, applying textures to create stunning 3D models at scale.

Both Toggle3D.ai and Nextech3D.ai's executive leadership believe the AI-driven shift from 2D to 3D modeling in e-commerce is in its early stages. This transformation, anticipated to span multiple decades, is already underway with major brands and companies incorporating 3D models and augmented reality (AR) shopping experiences. Prominent adopters include Amazon, Walmart, CB2, IKEA, Sephora, Target, and more.