NexOptic Announces LIVE Demonstration of NexCompress™ AI Video Compression
VANCOUVER, BC, April 19, 2023 /PRNewswire/ – (“NexOptic”) (TSXV: NXO) (OTCQB: NXOPF) (FSE: E3O1) is excited to announce a LIVE demonstration of NexCompress™, the company’s proprietary AI for video compression. NexCompress is part of NexOptic’s ALIIS™ suite of artificial intelligence imaging solutions. It enables significant bandwidth reduction of videos while operating either on edge devices, or in the cloud. It is complementary to, and in fact can, supercharge existing CODEC methods currently used by large video streaming companies like Netflix and others.