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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.
VERSES AI Inc. (OTCQX:VRSSF) has announced the successful exercise of various warrants and stock options, generating total gross proceeds of $2,486,300. This includes the exercise of 189,130 broker warrants, 1,826,996 Class A subordinate voting share purchase warrants, and 650,000 stock options. As a result, 2,666,126 Class A subordinate voting shares were issued. CEO Gabriel René expressed satisfaction with the strengthened financial position, asserting that the additional funds bolster the balance sheet and offer a runway to fulfill the company’s vision, thanking investors for their support. VERSES specializes in cognitive computing and is known for its flagship product, GIA™, powered by the KOSMOS™ operating system, which enhances collaboration between humans and AI.
VERSES AI Inc. (OTCQX:VRSSF), a cognitive computing company, announced that its Co-Founder and President, Dan Mapes, along with Chief Scientist, Karl Friston, will be keynote speakers at the Dutch AI Congress Conference (NL AIC) on April 12, 2023. The event, held at Jaarbeurs in Utrecht, aims to foster collaboration across sectors to enhance AI development in the Netherlands. VERSES specializes in next-generation AI and its flagship product, GIA™, is designed to act as an Intelligent Assistant powered by the KOSMOS™ operating system. This innovative approach emphasizes the transformation of disparate data into knowledge models, promoting collaboration between humans, machines, and AI. The company aims to elevate human potential through AI-inspired innovations.