North America
NexOptic Technology Updates 2023 Outlook
• NexOptic Technology Corp. (NXO) updated shareholders on its 2023 outlook.
• In 2022, NexOptic upgraded its ALIIS AI technologies, enhancing cost-cutting capabilities and quality performance.
• The company’s future direction is focused on the NexCompress AI offering, which could potentially reduce the carbon footprint of cloud operators and streaming companies.
• NexOptic’s VP of AI Technologies, Kevin Gordon, stated that the company is now focusing on advancing NexCompress to address the carbon footprint of global video streaming applications.
• NexOptic has entered discussions with global semiconductor and cloud provider companies and continues dialogues with select global companies.
