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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 Inc. attended the 2024 World Economic Forum Annual Meeting in Davos, Switzerland, where it engaged in discussions surrounding the Future of AI and Computing. The company also announced a partnership with G42 backed Analog.io to use the Genius™ platform for Abu Dhabi’s smart city projects. The event featured notable figures such as Yann LeCun and Karl Friston, and included panels and discussions on topics like Natural vs. Artificial Intelligence, General Intelligence vs Human Intelligence, and the need for systems to infer meaning on their own. The company received significant interest and validation for its intelligent software systems at the event.
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VERSES AI Inc. announced a partnership with Analog, backed by G42, to transform Abu Dhabi's urban landscape through smart city projects. The collaboration aims to address challenges of urbanization, resource management, public safety, and energy optimization. The smart city market is estimated to reach $3.482 trillion by 2026. VERSES will focus on smart mobility, healthcare, and energy in collaboration with UAE industry stakeholders.
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VERSES AI Inc. (CBOE: VERS) (OTCQX: VRSSF) announces participation in The World Economic Forum Annual Meeting 2024 in Davos, Switzerland. Chief Scientist Karl Friston to be featured in discussions hosted by The Financial Times, CNBC, and AXIOS, focusing on the transformative power of intelligent software systems and innovative uses of AI and technology.
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VERSES AI (CBOE Canada: VERS) (OTCQB: VRSSF) has been requested by OTC Markets Group Inc. to issue a statement.
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VERSES AI Inc. (CBOE: VERS) (OTCQB:VRSSF) announced that the Volvo Car Group has joined VERSES Genius™ Beta Program, aiming to test Genius in applications related to advanced driver assistance and autonomous driving to create more intelligent decision-making systems and a safer environment for all drivers on the road.
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VERSES AI Inc. (CBOE: VERS) (OTCQX: VRSSF) is pursuing an alternative approach to AGI using Active Inference, a method pioneered by VERSES’ Chief Scientist, Karl Friston. The company has invited OpenAI to collaborate on this approach, aiming to ensure safety, scalability, and transparency in future AGI systems. VERSES' latest research results indicate that its Active Inference agents may soon be able to match and surpass the performance of leading AI state-of-the-art approaches based on deep learning while using orders of magnitude less data and fewer computations. The Company expects to share more details and validation tests with partners and the broader community in the coming months.
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VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) welcomes Peter Provost as VP of Product, Developer Platforms. With nearly two decades of experience at Microsoft, Mr. Provost will lead the strategic development and enhancement of VERSES' Intelligence-as-a-Service platform, Genius™, to advance the developer experience and drive forward VERSES' mission to create a smarter world through the power of AI.
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VERSES AI Inc. (CBOE: VERS) (OTCQX: VRSSF) announces the final installment of the 2023 webinar series, 'The Future of AI Governance,' hosted by Dentons US. VERSES is a cognitive computing company specializing in the next generation of intelligent software systems.
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VERSES AI Inc. (NEO:VERS) (OTCQX:VRSSF) welcomes NASA's JPL to the Genius Beta program, aiming to explore interoperability and governance infrastructure for the global space economy. The space economy, estimated to grow to $1 trillion by 2040, is actively seeking to develop standards for space exploration. The Artemis Accords, a non-binding multilateral arrangement, aims to return humans to the moon by 2025 and establish a permanent presence on the moon. GENIUS is built on open standards designed by the Spatial Web Foundation and is uniquely designed to enable interoperability, knowledge sharing, transparency, and accountability in space collaboration.
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VERSES AI Inc. (VERS) has filed a provisional patent application for a new method called Knowledge Expander in the field of artificial intelligence. This technology allows intelligent systems to continuously learn and adapt in real-time by emulating the encoding processes of the human brain. The company believes that this innovation could potentially replace the current state-of-the-art approach to artificial intelligence.
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FAQ

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

The current stock price of VERSES AI (VRSSF) is $0.783 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

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VRSSF Stock Data

101.87M
49.16M
56.18%
Software - Infrastructure
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