Nextech3D.ai cancels sale of 3D modeling business to VCI Global Limited due to unmet deadlines, will focus on AI tech development and partnerships.

Nextech3D.ai has canceled the sale of its 3D modeling business to VCI Global Limited, with the decision made due to VCI's failure to meet the agreed-upon deadlines. The company has no immediate plans to sell the business and will instead focus on developing its AI technology for 3D modeling. Nextech3D.ai sees potential growth through partnerships with large companies such as Amazon and has already spun out ARway.ai and Toggle3D.ai as separate entities.

January 26, 2024
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