Shapeways Holdings, Inc. (NASDAQ: SHPW), a global leader in digital manufacturing, is leveraging generative artificial intelligence (AI) and machine learning (ML) to enhance its digital manufacturing workflows through the MFG software platform and core technology. The adoption of AI improves order accuracy, service quoting, and user profiling for manufacturer clients. Additionally, Shapeways combines generative AI models with its proprietary technology to provide a 3D modeling service. "Shapeways has valuable data and technology that we can use to develop AI tools, offering improved efficiencies and productivity for our customers, " said Greg Kress, CEO of Shapeways. The market for AI in manufacturing is projected to reach USD $16. 3 billion by 2027, growing at a CAGR of 48% from 2022 to 2027, according to MarketsandMarkets Research. Shapeways is integrating generative AI models and libraries from industry leaders like Hugging Face and OpenAI with its proprietary 3D model processing technology. This combination enables an innovative 3D model generator and printing service, powered by Amazon SageMaker. The utilization of ML services has already optimized Shapeways' Amazon Web Services cloud expenditure.

The company is also working on incorporating broader AI technologies to enhance the buyer and supplier experiences through its MFG. com platform. These AI services will provide powerful tools for digitization and marketability, leading to increased revenue opportunities, higher profitability, and operational efficiencies for manufacturers on the MFG. com marketplace. These tools will also empower companies on the buying side, enabling them to create comprehensive RFQs, optimize 3D modeling, and achieve faster time to market. This strategy aligns with Shapeways' focus on future-ready manufacturing and quality, built upon decades of industry experience. Shapeways, a global leader in digital manufacturing, uses additive and traditional technologies along with proprietary software solutions to assist manufacturers and improve supply chains. With ISO 9001-compliant manufacturing facilities in Livonia and Charlotte, Michigan, and Eindhoven, the Netherlands, Shapeways operates globally and has delivered over 24 million parts to more than 1 million customers in over 180 countries. For more information, please visit www. shapeways. com. Please note that Internet Explorer will no longer be supported starting August 17, 2021. To ensure the best and most secure experience on our website, we recommend using the latest versions of Chrome, Firefox, or Safari.