Articles from VERSES AI Inc.

VANCOUVER, British Columbia, March 28, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCPK:VRSSD) ("VERSES'' or the "Company”) a cognitive computing company specializing in next-generation intelligent software systems, announces that on March 27th 2025, the Company’s Class A Subordinate shares began trading on the OTCQB market under the symbol "VRSSD" in connection with one of many initiatives that the Company is implementing in preparation for its intended uplisting to Nasdaq.

VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”) a cognitive computing company specializing in next-generation intelligent software systems, is pleased to announce the consolidation of its Class A Subordinated Voting Shares in connection with an application to uplist such shares on the Nasdaq Capital Market (“Nasdaq”).

Predictive Capabilities of Genius™️ to Enable Safer and Smarter Drilling Solutions for the Oil and Gas Industry

Exhibition Showcases Multi-Agent Smart Grid Automation and Efficiency Management

CEO Gabriel René Speaking on “AI-Life After Deepseek” Panel

Convertible Debentures Converted into Units at C$1.20 per unit

Public Markets CFO Hired as Company Enters Next Phase

Company Expects to Begin Commercial Rollout, Converting Beta Users, Adding New Partners and Expanding Access to Early Registrations

Webinar on Thursday, February 13th at 6:30pm CET/12:30pm ET/9:30am PT

Demonstration of Multi-Step Reasoning by VERSES’ Genius Agent Beats China’s Top AI Model in Accuracy, Speed, and Cost Efficiency

Project to Focus on Macroeconomic Market Risk, Leveraging Genius Predictive Analysis for Proactive Strategies

Initial Project to Focus on Fraud Prevention

Demonstrating High Performance in “Atari Challenge” with 90% Less Data, 96% Faster Training, 96% Smaller Model Size; Applicable to Real-World Challenges

Chief Scientist Karl Friston and Executive Team to be Featured at Key Events to Discuss Details

Quarter Highlights Product, Research, and Commercial Milestones

Multi-year Contract Builds on Success in Genius™ and Atari Benchmarks for Next-Gen AI

High-Performance Agent Surpasses Leading AI Model in Accuracy, Speed, and Cost Efficiency

Powerful New Features Include High Performance Agent, Advanced Reasoning, Planning, and Explainability

VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next-generation intelligent systems, announces milestones for the year end update of significant progress in research and product development.

Consulting Firm To Deploy Genius™ to Meet Customer Sustainability Requirements

Genius™ Aims to Provide Safer Autonomous Driving By Predicting and Avoiding Unseen Pedestrians

VANCOUVER, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next generation intelligent systems, provides a corporate update.  

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Project will simulate taxi fleet management to optimize mobility and transportation

VANCOUVER, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (the "Company" or "VERSES") (CBOE Canada: VERS) (OTCQX: VRSSF) is pleased to announce the results of the Annual General and Special Meeting of shareholders of the Company held in Vancouver, British Columbia on September 13, 2024. All of the resolutions put forward at the meeting were approved, including fixing the number of directors of the Company at four for the ensuing year, the election of all director nominees, the re-appointment of Smythe LLP as the Company’s auditor for the ensuing year and the renewal of the Company’s omnibus share incentive plan. Subsequent to the meeting, the Company’s board of directors reappointed Michael Blum to the board by directors’ resolution. Therefore, the board for the following year consists of Gabriel Rene, Dan Mapes, G. Scott Paterson, Jonathan De Vos and Michael Blum.

Jay Samit to Relinquish Board Duties to Lead Go to Market as Head of Global Partnerships

Chief Scientist Karl Friston and Researchers Among Speakers

Digital Twins Interoperability project in collaboration with Spatial Web Foundation, and Jet Propulsion Laboratory

VANCOUVER, British Columbia, Aug. 14, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, today announced that third party logistics company NRI USA, LLC (“NRI”) will be upgrading to the GENIUS Beta program.

New research led by Karl Friston showcases new foundation for AI that achieves 99% accuracy with 90% less data on popular MNIST benchmark

VANCOUVER, British Columbia, July 24, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next generation intelligent systems, announces that the Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) P2874 working group voting members have approved the Spatial Web standards: Hyperspace Modeling Language (HSML) and Hyperspace Transaction Protocol (HSTP).

VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, today announces that the Company has been recognized in Gartner’s 2024 Hype Cycle for Artificial Intelligence report.

VANCOUVER, British Columbia, July 02, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, today announces that James Hendrickson has been appointed Chief Operating Officer (COO). Mr. Hendrickson formerly served as President and General Manager VERSES Enterprise.

VANCOUVER, British Columbia, June 27, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, today announced that on Wednesday July 3, 2024 at 1:00PM ET, CEO Gabriel René will provide a corporate update on recent events and strategic plans.

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) --  VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems announces that it has entered into a funding agreement with Group 42 Holding Ltd1 (“G42”), a leading UAE-based AI technology group (the “Strategic Investment”).

Company to Host Webinar June 20th at 1pm EDT

VANCOUVER, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE Canada: VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), is pleased to announce that it has closed the third and final tranche (the "Third Tranche") of its previously announced non-brokered private placement (the "Private Placement") of special warrants ("Special Warrants"), whereby the Company has completed the issuance of 674,700 Special Warrants at a price of $1.00 per Special Warrant. Further to the Company's news release dated April 18, 2024 and April 30, 2024, the Company has raised gross proceeds of $10,000,000 through the sale of 10,000,000 Special Warrants in the Private Placement.

Company Shifting Focus from Technology Startup to Product Driven Scaleup

VANCOUVER, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (“VERSES” or the “Company”) (CBOE Canada: VERS) (OTCQB:VRSSF), is pleased to announce that it has closed the second tranche (the "Second Tranche") of its previously announced non-brokered private placement (the "Private Placement") of special warrants ("Special Warrants"), whereby the Company has completed the issuance of 2,325,300 Special Warrants at a price of $1.00 per Special Warrant. Further to the Company's news release dated April 18, 2024, the Company has raised gross proceeds of $9,325,300 through the sale of 9,325,300 Special Warrants in the Private Placement.

VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE Canada: VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), is pleased to announce a non-brokered private placement of special warrants ("Special Warrants") for gross proceeds of up to C$10,000,000 through the sale of 10,000,000 Units at a price of C$1.00 per Special Warrant (the "Private Placement"). The Company is further pleased to announce that it has closed the first tranche of the Private Placement, which consisted of 7,000,000 Units for gross proceeds of C$7,000,000.

VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE Canada:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, provides a corporate update.

Standards Moved from Working Group to Final Balloting Process at Global Standards Organization

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announces that Alex Kipman, CEO and Founder of Analog AI has joined as a Strategic Advisor.  

VANCOUVER, British Columbia, March 07, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announces that Blue Yonder, a leader in supply chain digital transformation, has joined the Genius Beta program.

VANCOUVER, British Columbia, Feb. 28, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) ("VERSES" or the "Company"), a cognitive computing company specializing in the next generation of intelligent software systems, is pleased to announce that its CEO, Mr. Gabriel René will be conducting a webinar on Thursday, February 29th at 11:00am Eastern Standard Time.

VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, today provides a research roadmap that outlines the key milestones and benchmarks against which to measure the progress and significance of the Company’s research and development efforts, against conventional deep learning, for the benefit of industry, academia, and the public.

VANCOUVER, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF)  ("VERSES'' or the "Company”), a cognitive computing company developing next-generation intelligent software systems, has been invited to present at Integrous Communications Big Hearts, Big Ideas Virtual Investor Conference, which is being held virtually on February 13-15th, 2024.

Company’s Attendance Highlighted by Meetings with Renowned Tech Leaders

Enhancements Aimed at Mobility, Energy and Healthcare

Chief Scientist Karl Friston will be Featured in Discussions hosted by The Financial Times, CNBC and AXIOS

VANCOUVER, British Columbia, Dec. 22, 2023 (GLOBE NEWSWIRE) -- VERSES AI (CBOE Canada: VERS) (OTCQB: VRSSF) ("VERSES" or the "Company"), announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning the Company's Class A Subordinate Voting shares (the “Shares”) traded on the OTCQB marketplace.

Collaboration Centered on Assisted and Autonomous Driving Safety

VERSES Active Inference, Approach to AGI Grounded in Neuroscience and Physics Led by Top Neuroscientist and Chief Science Officer Karl Friston. Company Urges Industry Leaders to Collaborate to Ensure Safety, Scalability and Transparency in Future AGI Systems

Peter Provost to Build Developer Platforms Powered by Next-Gen AI

Cutting Through The AI Noise

NASA’s JPL Joins Genius™ Beta Program to Explore Interoperability and Governance Infrastructure for Global Space Economy

VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of intelligent systems, announces the filing of a provisional patent application representing an innovative method for “Knowledge Expansion” in next-generation artificial intelligence systems.

Collaboration to Enable Enterprise Clients to Generate Real-Time Data-Driven Decision-Making

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence, announces the second of three webinars in the series, “The Future of AI Governance,” hosted by Dentons US.

Partnership to explore a plausible path toward achieving general intelligence using Genius™

The Company’s Recently Released Report, “The Future of Global AI Governance,” Provides Important Solutions

VANCOUVER, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (NEO: VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in biologically inspired distributed intelligence, today announced Nalantis as the first participant in a private Genius™ beta program, which aims to advance and redefine AI.

Company Announces Public Demonstration and Webinar

Lytham Partners Fall 2023 Investor Conference, Tuesday Oct 17th

VANCOUVER, British Columbia, Oct. 12, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc.  (CBOE:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of artificial intelligence (“AI”), is pleased to announce that they have engaged Integrous Communications (“Integrous”) as an investor relations advisor.

VANCOUVER, British Columbia, Sept. 26, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence, announces the first of three webinars in the series, “The Future of AI Governance,” hosted by Dentons US.

Company Announces Launch of Next-Generation Intelligent Software Platform

VANCOUVER, British Columbia, Sept. 13, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence announces an agreement as exclusive corporate sponsor of the 4th International Workshop on Active Inference.

VERSES Signs Milestone Contract with a Fortune 100 Pharmacy Retailer

Three-Year Research Initiative Sets the Stage for Commercialization of Urban Air Mobility in Smart Cities across the Europe Union

VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence, strengthens its commitment to ethical AI by proudly introducing Dr. Inês Hipólito as AI Ethicist.

A Method for Predictive Querying on Vector Graph Document Databases

VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence, today announces the release of a landmark AI industry report "The Future of Global AI Governance.”

New and Disruptive Theories in Cognitive Neuroscience

Former Honeywell and Bosch Executive to Lead Enterprise Products Powered by Next-Gen AI