GENESIS AI CORP - AIGFF STOCK NEWS

Welcome to our dedicated page for GENESIS AI news (Ticker: AIGFF), a resource for investors and traders seeking the latest updates and insights on GENESIS AI stock.

Genesis AI Corp. (symbol: AIGFF) is at the forefront of applying artificial intelligence to real-world natural resource management. Headquartered in Kelowna, British Columbia, Genesis AI specializes in developing advanced AI-driven solutions that create digital twins of natural environments, facilitating disruptive solutions across various sectors.

Core Business

Genesis AI operates primarily in the mining, precision geospatial, forestry analytics, and carbon sectors. The company is renowned for its proprietary generative AI models that offer transformative insights and efficiencies.

Recent Achievements and Projects

Recently, Genesis AI has significantly expanded its development team, emphasizing both quality and speed to market. The company has launched several innovative products:

GeoHarmony 1.0: A data aggregation platform focused on the natural resource exploration sector. It offers predictive analysis tools that increase confidence in resource allocation decisions.
TrueForest: A comprehensive AI model aimed at the forestry industry. It brings high-resolution forest inventory and carbon offset analysis to clients at reduced costs.
Wildfire Defence Solutions: A tool leveraging custom GPT and machine learning to predict wildfire paths and calculate the cost of resilience, enhancing community preparedness.

Key Personnel and Team Structure

Genesis AI has strategically augmented its team with industry experts like Darshit Kasliwal (Architect and Advisor), Satish Satale (Data Scientist), Megha Puranik (Business Analyst), Divya Soni (Frontend Engineer), and Naveen Mishra (Backend Engineer). These additions are pivotal in fast-tracking the development of crucial modules like GeoHarmony and TrueForest.

Financial Condition and Market Position

Genesis AI is well-funded and aggressively pursuing opportunities in its focus sectors. The company has demonstrated consistent progress in its project timelines, with GeoHarmony and TrueForest set for significant updates and releases.

Partnerships and Collaborations

Genesis AI collaborates with leading data providers like AIRBUS for satellite data and has formed strong partnerships with developer contractors like Empower Solutions. These collaborations enhance the robustness of their AI models.

Industry Impact

The company addresses critical challenges in mineral exploration, forestry management, and wildfire prevention. For instance, GeoHarmony aids exploration companies in making informed drilling decisions, while TrueForest provides cost-efficient and accurate forest inventories.

Conclusion

Genesis AI Corp. is a pioneering force in applying AI to natural resource management. With a robust team, innovative products, and strategic partnerships, the company is set to make significant strides in its targeted sectors.

09/16/2024 05:00 AM

News

Genesis AI Launches Wildfire Defence Solutions V 1.2

Rhea-AI Summary

Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) has launched Wildfire Defence Solutions Version 1.2, an enhanced wildfire management tool. This update integrates advanced machine learning and geospatial data to improve wildfire prevention and preparedness. Key features include:

1. Real-time weather data integration
2. GenAI layer for risk area identification
3. Improved map and table visualizations
4. Enhanced user control with AOI restrictions
5. Project list pagination and treatment unit updates
6. Improved Fire Danger Rating and Fire Weather Index
7. Custom domain setup for branded interfaces
8. Real-time API token management

These enhancements aim to help communities, governments, and developers manage wildfire risks more effectively and efficiently.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

06/10/2024 04:30 AM

News

Genesis Releases Wildfire Defence Solutions AI Tool

Rhea-AI Summary

Genesis AI Corp. has launched Wildfire Defence Solutions, a new AI tool designed to help cities, towns, resorts, developers, and governments mitigate wildfire risks. The tool leverages GPT and machine learning to classify fuel types, map critical infrastructure, and prioritize treatment units, thus aiding in the creation of a resilient community. The software automates and updates Community Wildfire Protection Plans in real-time, offering various resolution services ranging from free satellite imagery to high-resolution drone-based LiDAR. The initiative aims to reduce the economic impact of wildfires, which costs the US between $87.4 and $427.8 billion annually.

The company also appointed Jordan Potts to the Board of Directors, bringing extensive public market experience, while Jeremy Wiebe transitions to the Advisory Board due to new professional obligations.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

3.08%

Tags

04/16/2024 04:30 AM

News

Genesis Releases Carbon Credit Tool

Rhea-AI Summary

Genesis AI Corp. releases TrueForest, a Carbon offset analysis portal, simplifying the process of building forest carbon offset projects. The tool aims to provide affordable and efficient solutions for companies looking to obtain carbon credits. The market is projected to reach $2,850 billion by 2030. TrueForest automates 40+ complex formulas, making it easy to use with a 2-dimensional graphical map for project details. The first version targets indigenous communities in British Columbia, supporting them in developing carbon projects.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.39%

Tags

04/09/2024 04:30 AM

News

Genesis Signs LOI to Perform Wildfire Analysis in Harrison Hot Springs, BC

Rhea-AI Summary

Genesis AI Corp. signs a Letter of Intent to provide wildfire mitigation risk assessments for a development in Cogburn Creek, BC. The project involves using on-site and remotely acquired data to analyze wildfire risks and costs for protection techniques. The company aims to create a training model for future projects and expand its services across North America.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

02/21/2024 04:00 AM

News

Genesis Releases GeoHarmony Mining Exploration Software

Rhea-AI Summary

Genesis AI Corp. announces the launch of GeoHarmony Software, a data search and download tool for minerals exploration. The software simplifies access to 100,000 square kilometers of data in the Athabasca basin, saving time and money for users. Genesis AI plans to offer services to exploration companies in North America, targeting minerals like uranium, gold, copper, and lithium.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

3.61%

Tags

01/25/2024 03:15 AM

News

Genesis Continues to Grow Technology Team

Rhea-AI Summary

Genesis Ai Corp. is adding technology members to its team, increasing the headcount to 25. The new hires will fast-track the development of the company's modules, GeoHarmony and True Forest. The company plans to release the GeoHarmony 1.0 module on Feb. 20 and the True Forest module by the end of Q1. GeoHarmony is a data aggregation platform focused on natural resource exploration, while True Forest aims to disrupt the forest industry by providing accurate forest inventory at a lower cost. The global precision forestry market is expected to reach USD 10.3 billion in 2029 from USD 4 billion in 2021, with a healthy CAGR of 9.3% between 2022 and 2029.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.36%

Tags

12/20/2023 03:15 AM

News

Genesis Advancing with Mining and Forestry Contracts

Rhea-AI Summary

Genesis Ai Corp. (CSE: AIG) (OTCQB: AIGFF) provides progress on the development of Ai mining exploration tool (GeoHarmony) and the commercial forestry tool (True Forest), aiming to revolutionize the mining and forestry industries.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

14.18%

Tags

12/18/2023 03:15 AM

News

Genesis Releases Tree Data Acquisition Tool

Rhea-AI Summary

Genesis Ai Corp. (CSE: AIG) (OTCQB: AIGFF) is pleased to announce the release of Tree Survey & Inventory, a core piece of technology ensuring tree data acquired in the field is compatible with their Ai and machine learning forestry modules. The app-based data collection tool, TSI, runs on iOS and Android platforms, optimized to input the exact information required to feed their digital models that are disrupting forestry, preventing and protecting against wildfires, and participating in the carbon offset movement. TSI is a fundamental building block for their training models, eventually eliminating most of the need for costly labor. TSI users include those working on carbon offset projects, conventional forest inventory projects, and wildfire data collection. CEO Dev Randhawa emphasizes their progress in the software as a service business model and using Ai for good to address present threats to well-being.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-12.97%

Tags

12/04/2023 03:15 AM

News

Genesis Welcomes Filippo Vescovi, Vaibhav Padaval and Mason Pahl to Their Development Team

Rhea-AI Summary

Genesis Ai Corp. (CSE: AIG) (OTCQB: AIGFF) welcomes two new Data Scientists and a GIS expert to the team, expanding the development team headcount to 20. The new team members will focus on mining, software code models for analyzing mining data, and forest and carbon modules. Additionally, the Company has engaged FTB Capital Inc. for a 2-month program to create content and bring awareness to its work, invoicing $275,000 USD for its services.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

17.5%

Tags

11/22/2023 09:00 AM

News

Genesis AI Signs Option to Buy AI GeoIntelligence

Rhea-AI Summary

Genesis Ai Corp. (CSE: AIG) (OTCQB: AIGFF) has entered into an Option Agreement to acquire 100% of the issued and outstanding shares of AI GeoIntelligence, a Denver-based firm specializing in using artificial intelligence to extract insights from forest data. The agreement will provide Genesis AI with access to significant pipeline of opportunities in mining, carbon, and geospatial analysis projects in Australia, ultimately driving advancements in wildfire detection, rapid response, and sustainable land management.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.29%

Tags

FAQ

What is the current stock price of GENESIS AI (AIGFF)?

The current stock price of GENESIS AI (AIGFF) is $0.02435 as of October 15, 2024.

What is the market cap of GENESIS AI (AIGFF)?

The market cap of GENESIS AI (AIGFF) is approximately 1.7M.

What is the primary focus of Genesis AI Corp.?

Genesis AI Corp. focuses on applying AI to natural resource management, including mining, precision geospatial, forestry analytics, and carbon sectors.

What are the recent achievements of Genesis AI?

Recent achievements include the launch of GeoHarmony 1.0, TrueForest, and Wildfire Defence Solutions, and significant team expansions to accelerate development.

What is GeoHarmony?

GeoHarmony is a data aggregation platform designed for the natural resource exploration sector, providing predictive analysis tools to enhance decision-making in resource allocation.

How does TrueForest benefit the forestry industry?

TrueForest delivers high-resolution forest inventories and carbon offset analysis at reduced costs, disrupting traditional forestry management practices.

Who are the key new team members at Genesis AI?

Key new team members include Darshit Kasliwal, Satish Satale, Megha Puranik, Divya Soni, and Naveen Mishra, who bring expertise in various aspects of AI development and implementation.

How does Wildfire Defence Solutions help communities?

Wildfire Defence Solutions helps communities prepare for wildfires by predicting paths, estimating resilience costs, and automating Community Wildfire Protection Plans.

What partnerships does Genesis AI maintain?

Genesis AI collaborates with data providers like AIRBUS and developer contractors such as Empower Solutions to enhance their AI models and solutions.

What financial position does Genesis AI hold?

Genesis AI is well-funded and actively pursuing growth opportunities in its primary sectors, with consistent progress in project timelines and product releases.

What are the market applications of Genesis AI's technologies?

Genesis AI's technologies are applied in mineral exploration, forestry management, and wildfire prevention, providing cost-effective and innovative solutions.