STOCK TITAN

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.

Rhea-AI Summary

VERSES AI Inc. promotes Hari Thiruvengada PhD to Chief Product Officer as they shift focus from a technology startup to a product-driven scaleup. Dr. Thiruvengada, with extensive experience in product management, will lead the launch of Genius™, VERSES' Intelligence as a Service platform. The Company aims to mature research into commercial software under his leadership.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
none
-
Rhea-AI Summary

VERSES AI Inc. has closed the second tranche of its private placement, raising $9.3M through the sale of special warrants. Each special warrant converts into a unit, consisting of shares and warrants. The net proceeds will be used for corporate purposes, product development, and loan repayment. The company also paid fees to finders and insiders participated in the placement. The securities were offered in both USD and CAD denominations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
none
-
Rhea-AI Summary
VERSES AI Inc. announces a non-brokered private placement of special warrants for gross proceeds of up to C$10,000,000, with the first tranche closing at C$7,000,000. Each special warrant will convert into a unit of the company upon specific conditions. The units consist of shares and warrants, with proceeds allocated for corporate purposes, product development, and loan repayment. Insider participation in the placement is disclosed, and the offering was made in both Canadian and US dollars.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.49%
Tags
none
News
Rhea-AI Summary
VERSES AI Inc. (VRSSF) provides a corporate update, highlighting the launch of Genius™, commercial engagements with major partners, R&D milestones, progress in spatial web standards, and IP portfolio details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
-
Rhea-AI Summary
VERSES AI Inc. celebrates the advancement of the Standard for Spatial Web Protocol, Architecture, and Governance to the final balloting process at the IEEE. Founder Gabriel René expresses optimism for the adoption of these AI standards, emphasizing safety and trustworthiness in AI systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
none
-
Rhea-AI Summary
VERSES AI Inc. announces Alex Kipman, former Microsoft executive, as Strategic Advisor, bringing expertise in AI, AR/VR, and edge computing. Mr. Kipman's extensive experience in developing innovative technologies and building strategic partnerships is expected to drive VERSES' growth and development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.46%
Tags
none
Rhea-AI Summary
VERSES AI Inc. announces Blue Yonder joining the Genius Beta program, aiming to revolutionize supply chain digital transformation with advanced intelligent automation capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
AI
-
Rhea-AI Summary
VERSES AI Inc. announces CEO Gabriel René's upcoming webinar to showcase the company's latest AI products and achievements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
AI
-
Rhea-AI Summary
VERSES AI Inc. unveils a research roadmap aimed at surpassing advanced AI models' performance with less data and energy. The roadmap outlines key milestones in image classification, Atari gaming challenges, and multi-agent systems, showcasing VERSES' efficiency and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
AI
Rhea-AI Summary
VERSES AI Inc. has been invited to present at the Integrous Communications Big Hearts, Big Ideas Virtual Investor Conference on February 13-15, 2024. CEO Gabriel Rene will present on February 14, 2024, at 11:00am PT. The presentation will be webcast live and available for replay. Investors can also request one-on-one meetings with management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences

FAQ

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

The current stock price of VERSES AI (VRSSF) is $0.783 as of December 20, 2024.

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

The market cap of VERSES AI (VRSSF) is approximately 101.9M.

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

OTC:VRSSF

VRSSF Rankings

VRSSF Stock Data

101.87M
49.16M
56.18%
Software - Infrastructure
Technology
Link
United States of America
New Westminster