Five Top Generative AI Stocks Every Investor Should Buy and Hold June 13, 2023 - Baystreet.ca Generative artificial intelligence (AI) could have a substantial impact on just about everything. For one, according to Goldman Sachs, Breakthroughs in generative artificial intelligence have the potential to bring about sweeping changes to the global economy, according to Goldman Sachs Research. As tools using advances in natural language processing work their way into businesses and society, they could drive a 7% (or almost $7 trillion) increase in global GDP and lift productivity growth by 1.5 percentage points over a 10-year period.” Two, according to Precedence Research, the generative AI market could be worth $118.06 billion by 2032 from $10.79 billion. All creating big opportunity for companies such as Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR), C3.AI Inc. (NYSE: AI), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Palantir Technologies (NYSE: PLTR). Better, 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 Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR), For Example Nextech3D.AI, a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce that the Company has received court approval for the Toggle3D.ai Inc. spinout, and the trading date on the Canadian Securities Exchange (CSE) will commence on June 14, 2023. Toggle3D.ai will be trading under the ticker symbol TGGL on the CSE. The spinout will be affected pursuant to the Company's previously announced plan of arrangement which received final court approval on June 9, 2023. Nextech3D.ai shareholders will automatically receive an aggregate of 4,000,000 shares as a stock dividend. After the spin-out Nextech3D.ai is going to retain 13 million shares or about a 50% ownership stake in Toggle3D.ai. Toggle3D.ai has raised $2,158,118 pursuant to the issuance of 8,632,473 common shares and 8,632,473 $0.50 warrants. The spin-out of Toggle3D.ai follows Nextech's successful spin-out on 10/26/2022 of ARway.ai, currently trading on the CSE as ARWY and on the OTCQB as ARWYF. Toggle3D.ai is emerging as a standalone public company, initially trading on the CSE as TGGL, with plans to expand its presence to the Frankfurt and OTC markets in the near future. This strategic move not only drives innovation but also unlocks substantial shareholder value, reflecting Nextech's commitment to driving the industry forward. Further Details of the Arrangement Pursuant to the Arrangement, amongst other matters, the Company will receive an aggregate of 16,000,000 common shares of Toggle3D.ai (of which it shall immediately transfer 3,000,000 such shares to certain service providers in respect of services rendered) and an aggregate of 4,000,000 common shares of Toggle3D.ai will be distributed directly to the shareholders of the Company as noted above. No fractional shares will be issued as a result of the reclassification. Also pursuant to the Arrangement, the Company will undertake a reorganization of its share capital by:- renaming and redesignating all of its issued and unissued common shares as Class A common shares; and- creating a new class consisting of an unlimited number of common shares. Each shareholder of Nextech3D.ai will exchange each Class A common share held at the effective time of the Arrangement for (A) one New Share, and (B) such shareholder's pro rata share of an aggregate of 4,000,000 common shares of Toggle3D.ai to be distributed amongst all such shareholders, and such shareholders will cease to be the holders of the Class A common shares so exchanged. The authorized share capital of the Company will then be amended to delete the Class A common shares. The New Shares of the Company being distributed pursuant to the Arrangement will also commence trading at market open on June 14, 2023. All registered Nextech shareholders must submit a letter of transmittal to Computershare Trust Company of Canada to receive their New Shares and common shares of Toggle3D.ai. The letter of transmittal was included with the meeting materials distributed in connection with the annual and special meeting of the Company held on June 5, 2023 and can also be found under the Company's profile on SEDAR at www.sedar.com. Other related developments from around the markets include: 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. Palantir Technologies announced it was awarded a contract from the US Special Operations Command (USSOCOM) to deliver technology solutions to support enterprise capabilities. The multi-year contract is worth up to $463 million. Palantir provides best in class software capabilities for America's warfighters, including the men and women of USSOCOM, and this contract award will help ensure their continued competitive advantage in this next phase of competition. Palantir helps USSOCOM to parse the petabytes of data emanating from today's environments and enables decision-making. 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. Contact: Ty Hoffer Winning Media281.804.7972Ty@winning.media
Five Top Generative AI Stocks Every Investor Should Buy and Hold June 13, 2023 - Baystreet.ca Generative artificial intelligence (AI) could have a substantial impact on just about everything. For one, according to Goldman Sachs, Breakthroughs in generative artificial intelligence have the potential to bring about sweeping changes to the global economy, according to Goldman Sachs Research. As tools using advances in natural language processing work their way into businesses and society, they could drive a 7% (or almost $7 trillion) increase in global GDP and lift productivity growth by 1.5 percentage points over a 10-year period.” Two, according to Precedence Research, the generative AI market could be worth $118.06 billion by 2032 from $10.79 billion. All creating big opportunity for companies such as Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR), C3.AI Inc. (NYSE: AI), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Palantir Technologies (NYSE: PLTR). Better, 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 Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR), For Example Nextech3D.AI, a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce that the Company has received court approval for the Toggle3D.ai Inc. spinout, and the trading date on the Canadian Securities Exchange (CSE) will commence on June 14, 2023. Toggle3D.ai will be trading under the ticker symbol TGGL on the CSE. The spinout will be affected pursuant to the Company's previously announced plan of arrangement which received final court approval on June 9, 2023. Nextech3D.ai shareholders will automatically receive an aggregate of 4,000,000 shares as a stock dividend. After the spin-out Nextech3D.ai is going to retain 13 million shares or about a 50% ownership stake in Toggle3D.ai. Toggle3D.ai has raised $2,158,118 pursuant to the issuance of 8,632,473 common shares and 8,632,473 $0.50 warrants. The spin-out of Toggle3D.ai follows Nextech's successful spin-out on 10/26/2022 of ARway.ai, currently trading on the CSE as ARWY and on the OTCQB as ARWYF. Toggle3D.ai is emerging as a standalone public company, initially trading on the CSE as TGGL, with plans to expand its presence to the Frankfurt and OTC markets in the near future. This strategic move not only drives innovation but also unlocks substantial shareholder value, reflecting Nextech's commitment to driving the industry forward. Further Details of the Arrangement Pursuant to the Arrangement, amongst other matters, the Company will receive an aggregate of 16,000,000 common shares of Toggle3D.ai (of which it shall immediately transfer 3,000,000 such shares to certain service providers in respect of services rendered) and an aggregate of 4,000,000 common shares of Toggle3D.ai will be distributed directly to the shareholders of the Company as noted above. No fractional shares will be issued as a result of the reclassification. Also pursuant to the Arrangement, the Company will undertake a reorganization of its share capital by:- renaming and redesignating all of its issued and unissued common shares as Class A common shares; and- creating a new class consisting of an unlimited number of common shares. Each shareholder of Nextech3D.ai will exchange each Class A common share held at the effective time of the Arrangement for (A) one New Share, and (B) such shareholder's pro rata share of an aggregate of 4,000,000 common shares of Toggle3D.ai to be distributed amongst all such shareholders, and such shareholders will cease to be the holders of the Class A common shares so exchanged. The authorized share capital of the Company will then be amended to delete the Class A common shares. The New Shares of the Company being distributed pursuant to the Arrangement will also commence trading at market open on June 14, 2023. All registered Nextech shareholders must submit a letter of transmittal to Computershare Trust Company of Canada to receive their New Shares and common shares of Toggle3D.ai. The letter of transmittal was included with the meeting materials distributed in connection with the annual and special meeting of the Company held on June 5, 2023 and can also be found under the Company's profile on SEDAR at www.sedar.com. Other related developments from around the markets include: 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. Palantir Technologies announced it was awarded a contract from the US Special Operations Command (USSOCOM) to deliver technology solutions to support enterprise capabilities. The multi-year contract is worth up to $463 million. Palantir provides best in class software capabilities for America's warfighters, including the men and women of USSOCOM, and this contract award will help ensure their continued competitive advantage in this next phase of competition. Palantir helps USSOCOM to parse the petabytes of data emanating from today's environments and enables decision-making. 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. Contact: Ty Hoffer Winning Media281.804.7972Ty@winning.media