VERSES® Announces Closing of C$9,573,758 (US$7,000,331) Public Offering of Units
VERSES AI Inc. (CBOE:VERS) has successfully closed a public offering of 1,007,764 units at C$9.50 each, raising approximately C$9.57 million (US$7 million) before expenses. The announcement was made on July 14, 2025, highlighting the company’s focus on advanced intelligent software systems in cognitive computing. ————————— VANCOUVER, British Columbia, July 14, 2025 (GLOBE NEWSWIRE) — VERSES […]
Apple CEO Tim Cook Outpaces Steve Jobs in Shareholder Value, Yet His Weaknesses Emerge in the Age of AI
Apple CEO Tim Cook has created more shareholder value than Steve Jobs. But suddenly his weaknesses are on display in the AI era It seems impossible that Tim Cook’s legacy as Apple’s spectacularly successful CEO could be in jeopardy. But in recent months, and especially in recent days, the impossible has become at least conceivable. […]
Mark Zuckerberg Aims to Assemble an AI Dream Team, Luring Talent from Sam Altman with Lucrative Offers
Mark Zuckerberg is determined to build an AI superteam—and he’s poaching from Sam Altman with multimillion-dollar pay packages Meta Platforms, under the leadership of CEO Mark Zuckerberg, has ignited a fierce battle for artificial intelligence (AI) talent, offering compensation packages that have stunned Silicon Valley and the global tech industry. In 2025, Meta’s aggressive hiring […]
At 100 Years Old, Caterpillar’s Growth Focuses on Powering Data Centers
At 100 years old, Caterpillar’s growth is now led by powering data centers As the storied construction giant celebrates its centennial anniversary in 2025, Caterpillar’s growth has evolved to fit the economic zeitgeist—now much of its new business is focused on powering the data center boom. In fact, 2024 was the first year the “energy […]
Elon Musk: “I Want to Witness AI’s Impact on Humanity, Even if It’s Negative”
Elon Musk says even if AI ultimately proves bad for humanity he still wants to be there to see it Two weeks ago, Silicon Valley billionaire Peter Thiel struggled to answer whether he would prefer the human race to endure. Now it was Elon Musk’s turn to opine whether technology might remove the need for mankind’s existence. […]
VERSES AI Inc. Announces Pricing of Public Offering of
VERSES AI Inc. announced a public offering of 1,007,764 units priced at US$6.946 (C$9.50) per unit, yielding gross proceeds of US$7,000,331 (C$9,573,758). Each unit comprises one Class A subordinate voting share and half a share purchase warrant, exercisable over 36 months at US$8.409 (C$11.50). A.G.P. Canada Investments ULC is the lead agent for the offering, […]
Inside CVS’s Ambitious AI Healthcare Strategy—and the Tech Chief’s Unexpected Caution for the Industry
Inside CVS’s bold AI health care plan—and the tech chief’s surprising warning for the industry The global AI health care market is soaring. It’s reportedly expected to reach over $180 billion in value by 2030. Whether to ease the administrative burden on physicians, serve as the first point of contact for patients, or rapidly integrate […]
Apple’s Leading AI Executive Joins Meta Amid Hiring Surge
Apple loses its top AI models executive to Meta’s hiring spree Apple Inc.’s top executive in charge of artificial intelligence models is leaving for Meta Platforms Inc., another setback in the iPhone maker’s struggling AI efforts. Ruoming Pang, a distinguished engineer and manager in charge of the company’s Apple foundation models team, is departing, according […]
Workday and Amazon AI Employment Bias Allegations Spark Increased Concerns Over Tech-Driven Hiring Discrimination
Workday, Amazon AI employment bias claims add to growing concerns about the tech’s hiring discrimination Despite AI hiring tools’ best efforts to streamline hiring processes for a growing pool of applicants, the technology meant to open doors for a wider array of prospective employees may actually be perpetuating decades-long patterns of discrimination. AI hiring tools […]
Trump’s Push for Apple to Produce All-American Phones Overlooks the Tech Giant That Tried and Failed
Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed The executives were well aware of the difficulties they would face in manufacturing a smartphone in the U.S. As with any great tech industry moonshot, the challenge was part of the appeal—and they embraced it. “Conventional wisdom said […]