Mariam Naficy, founder of Eve and Minted, has unveiled her latest venture, Arcade AI, a groundbreaking marketplace that empowers users to design custom jewelry using artificial intelligence. The platform, which launched its beta in September, allows customers to input their ideas, generating a variety of jewelry design options. These digital concepts are then brought to life by partnering artisans, offering a range of materials, including gold, silver, and gemstones.

In an exclusive test, the AI tool produced a delicate, gold floral necklace that perfectly captured the user's aesthetic. While the process wasn't without its hurdles, Naficy plans to improve the "magic editor" with features like image prompt adapters and part-modification capabilities.

Designing custom jewelry on Arcade can be expensive, with prices ranging from $100 to over $1,000, depending on complexity and materials. However, users can also enjoy the design process without purchasing, adding their creations to personalized "Dream Boards." Notably, users can earn a 2.5% commission on sales, and popular designers can set their own price points.

Arcade AI has raised $17 million in funding from notable investors, including Ashton Kutcher, Reid Hoffman, and Karlie Kloss. The platform's potential expansion into accessories, apparel, and more could see it competing with other AI-powered product creation platforms like Off/Script. With plans to add social features, competitions, and partnerships with major brands, Arcade AI is poised to revolutionize the jewelry design industry.