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VERSES AI INC - VRSSF STOCK NEWS

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

VERSES AI Inc (VRSSF) is a cognitive computing company focusing on biologically inspired distributed intelligence. Their flagship offering, Genius™, mimics natural systems and neuroscience to learn, adapt, and interact with the world. With key features like generalizability, predictive queries, and real-time adaptation, Genius™ transforms data into knowledge models for collaboration between humans, machines, and AI. Recent achievements include the launch of Genius™ Private Beta program, partnerships with industry leaders like NASA’s JPL and Volvo, and progress in developing the Spatial Web Protocol and Governance Standards. VERSES has a strong IP portfolio with 11 patent applications and 14 registered trademarks. The company is shifting focus to become a product-driven scaleup, led by Dr. Thiruvengada, the new Chief Product Officer. VERSES is hosting a webinar on June 20th to roll out beta access for developers to enhance their intelligent software systems.

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VERSES AI (OTCQB:VRSSF) has appointed James Christodoulou as Chief Financial Officer, with former CFO Kevin Wilson transitioning to Executive Vice President - Finance and Accounting. Christodoulou brings extensive experience from various sectors including FINTECH, EV Mobility, and Logistics, with notable achievements in capital markets.

Christodoulou's recent positions include Head of Capital Markets at Exodus Movement, where he facilitated the company's billion-dollar NYSE uplisting, and Director of Finance at Collectable Technologies Inc. His track record includes successful capital raises of $280 million at Blink Charging Co. and leading multiple IPOs totaling over $547 million across various companies.

The appointment aligns with VERSES' transition into its commercial growth phase, leveraging Christodoulou's expertise in capital markets and scaling businesses. He holds a BA from Rutgers University, an MBA from Columbia Business School, and various FINRA certifications.

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VERSES AI has announced the commercial launch of its Genius Agent Toolkit in April 2025, following a successful private beta phase. Genius is a suite of tools for designing autonomous intelligent agents that continuously reason, plan and learn.

The toolkit includes new features such as intelligent agents, a model editor, APIs, and a developer portal. VERSES plans to convert current beta users into paying customers and enable access to thousands of developer sign-ups. The company will offer Genius as a paid service with consumption-based and performance-based pricing as well as enterprise licenses.

According to the company, Genius-powered Agents consistently outperform general-purpose foundational models like OpenAI o1 and DeepSeek r1 on multi-step reasoning, providing greater accuracy and reliability than general-purpose LLMs. VERSES' go-to-market strategy will focus on strategic, enterprise, and channel partners and third-party integrations.

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VERSES AI (CBOE:VERS) (OTCQB:VRSSF) has announced an upcoming webinar titled 'Intelligence in the Age of Agents' scheduled for Thursday, February 13th at 6:30pm CET/12:30pm ET/9:30am PT. The discussion will feature Karl Friston, VERSES Chief Scientist, alongside CEO Gabriel René, with moderation by neuroscientist Olivier Oullier.

The webinar will cover several key topics, including: the performance of their Genius™ system in beating Atari and Mastermind games, exploration of AGI and Active Inference concepts, comparative analysis of Genius™ versus LLMs like DeepSeek R1 and OpenAI o1, and Genius's role in the AI ecosystem.

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VERSES AI Inc. (OTCQB:VRSSF) announced that its Genius™ product outperformed China's DeepSeek R1 model in the code-breaking game Mastermind. The test compared both models across 100 games, with Genius achieving superior results in multiple metrics:

- Accuracy: Genius achieved 100% success rate vs R1's 45%
- Speed: Genius solved games in 1.1-4.5 seconds vs R1's 934 seconds average
- Efficiency: Total compute time of 5 minutes vs R1's 26 hours
- Cost: $0.05 USD total cost vs R1's $38.94 USD

Overall, Genius performed 245 times faster and 779 times more cost-efficiently than DeepSeek's R1. The company emphasizes this demonstration showcases Genius' capabilities in multi-step reasoning and its potential to enhance LLM capabilities for real-world applications.

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VERSES AI (OTCQB:VRSSF) has announced a partnership with a leading global investment firm as part of their Genius beta program. The collaboration aims to leverage Genius's predictive analysis capabilities to mitigate market risk during volatile periods and enhance investment returns.

The project will focus on macroeconomic market risk analysis, using regime identification and switching models to function as a financial weather forecast. This system is designed to help anticipate shifts between stable and volatile market periods, enabling proactive decision-making and loss minimization.

According to Michael Wadden, VERSES' Chief Commercial Officer, this partnership represents an opportunity to test Genius with larger enterprise customers and explore complex use cases across multiple industries, particularly in risk management.

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VERSES AI has announced a partnership with a leading Australian telecommunications company for its Genius beta program, focusing on combating telecom fraud and illegal service usage. The initiative addresses a significant industry challenge, with TransUnion reporting $38.95 Billion lost to telecom fraud in 2023. According to The Global Leaders' Forum, 64% of carriers identify fraudulent traffic as a top priority.

The project will leverage Genius Agents' capabilities to model complex dynamic systems, quantify uncertainty, and make increasingly accurate predictions to combat fraudulent access and hijacked accounts. The company's Chief Commercial Officer, Michael Wadden, highlighted that Genius' ability to reason, predict, and act addresses real-world problems that current LLMs struggle to solve reliably.

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VERSES AI (VRSSF) has announced preliminary results of its Genius™ agent's performance in the 'Atari Challenge' AI benchmark test. The company's variant, dubbed 'Atari 10k,' demonstrated superior efficiency compared to leading Deep Reinforcement Learning (DRL) and Transformer algorithms, achieving comparable or better results while using:

- 90% less training data
- 96% faster training time
- 96% smaller model size

The Genius™ agents efficiently learned gameplay mechanics through interaction, without human supervision, by understanding cause-effect dynamics across multiple Atari games. This performance indicates potential applications in real-world scenarios where data may be or incomplete, such as financial analysis, medical applications, risk assessment, autonomous driving, and robotics.

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VERSES AI (CBOE:VERS) (OTCQB:VRSSF) has announced its participation in the World Economic Forum Annual Meeting 2025 in Davos, Switzerland, from January 20-24th. During the event, the company will release an update on their Atari 10K Challenge, featuring Chief Scientist Karl Friston and senior leadership team members in various meetings, panels, and interviews.

The preliminary results show that VERSES' Active Inference-based models have achieved comparable or superior performance to current state-of-the-art reinforcement learning models while using 90% less data (10k frames) and significantly reduced computational resources. The upcoming update will include results and video demonstrations showing VERSES meeting or exceeding human-level performance across multiple Atari games.

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VERSES AI (VRSSF) provided its Q4 corporate update, highlighting significant progress in its Genius™ product development and research achievements. The company released an enhanced version of Genius to beta program participants, featuring improved reasoning, planning capabilities, and user experience. Research milestones include preliminary results from the Atari 10K Challenge, where VERSES' Active Inference-based models achieved comparable or better performance than state-of-the-art systems while using 90% less data, 96% less compute, and resulting in 97% smaller models.

The company also reported successful results in outperforming OpenAI's o1-Preview in the Mastermind code-breaking test, with 100% accuracy versus 71%, 140 times faster performance, and significantly lower costs. Commercial projects, including a smart city partnership with Analog for taxi fleet management in Abu Dhabi, are progressing on schedule, with most beta users expected to convert to commercial engagements in 2025.

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VERSES AI (CBOE:VERS) (OTCQB:VRSSF) has extended its exclusive contract with Professor Karl Friston as Chief Scientist. The renewal includes additional performance-based incentives, recognizing recent breakthroughs in research and development, particularly in the company's flagship product Genius™.

The extension builds on recent successes, including the Mastermind exercise and Atari benchmarks achievements. Professor Friston's theories on Active Inference have been fundamental to Genius's development and the company's cognitive computing initiatives. The collaboration aims to continue advancing the practical application of Active Inference research and developing intelligent ecosystems.

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FAQ

What is the current stock price of VERSES AI (VRSSF)?

The current stock price of VERSES AI (VRSSF) is $0.7592 as of February 28, 2025.

What is the market cap of VERSES AI (VRSSF)?

The market cap of VERSES AI (VRSSF) is approximately 203.9M.

What is VERSES AI Inc known for?

VERSES AI Inc is known for its cognitive computing solutions, specifically focusing on biologically inspired distributed intelligence with their flagship offering, Genius™.

What are the key features of Genius™ by VERSES AI Inc?

Genius™ by VERSES AI Inc includes features such as generalizability, predictive queries, real-time adaptation, and an automated computing network.

What recent achievements has VERSES AI Inc accomplished?

VERSES AI Inc recently launched the Genius™ Private Beta program, formed partnerships with industry leaders like NASA’s JPL and Volvo, and made progress in developing the Spatial Web Protocol and Governance Standards.

How strong is VERSES AI Inc's IP portfolio?

VERSES AI Inc has 11 patent applications and 14 registered trademarks, showcasing a robust intellectual property portfolio in the field of cognitive computing.

Who is leading the shift in focus at VERSES AI Inc?

Dr. Thiruvengada has been appointed as the Chief Product Officer at VERSES AI Inc to lead the company's transition from a technology startup to a product-driven scaleup.

What upcoming event is VERSES AI Inc hosting?

VERSES AI Inc will be hosting a webinar on June 20th to roll out beta access for developers to create intelligent software systems using their Genius™ platform.
VERSES AI INC

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203.91M
126.04M
33.37%
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