VERSES® Digital Brain Beats Google’s Top AI At “Gameworld
VERSES AI Inc. announced a breakthrough in artificial intelligence with its new digital brain architecture, AXIOM, which outperformed Google DeepMind’s DreamerV3 in the Gameworld 10K benchmark. AXIOM demonstrated 60% better gameplay, 7.6 times more sample efficiency, and was 400 times smaller than DreamerV3. Developed under the leadership of neuroscientist Karl Friston, AXIOM employs biologically inspired […]
VERSES Issues Inaugural Monthly Newsletter May 2025
VERSES AI Inc. has launched its inaugural monthly newsletter, aiming to update stakeholders on its progress, innovations, and vision. The recent launch of Genius, a tool designed for machine learning professionals, enhances decision-making through predictive models. Genius is now available as a paid service, catering to various sectors like healthcare, logistics, and telecommunications. Notably, it […]
VERSES® Announces Closing of US$7.9 Million (C$11.0
VERSES AI Inc. has successfully completed its public offering, raising approximately US$7.9 million by issuing 2,750,000 units at US$2.88 each. Each unit includes one Class A Subordinate Voting Share and half a Share purchase warrant, allowing the purchase of additional shares at US$3.60 for 36 months. The net proceeds will enhance the company’s financial position, […]
Verses AI Inc Announces Pricing of Public Offering of
Verses AI Inc. has announced the pricing of a public offering of 2,750,000 units at a price of US$2.88 each, aiming for gross proceeds of US$7.92 million. Each unit includes one Class A subordinate voting share and half a share purchase warrant, exercisable at US$3.60 for 36 months. The offering is conducted under a base […]
Verses AI Inc. Announces Proposed Public Offering of
Verses AI Inc. announced a securities offering in Canada and the U.S. under its base shelf prospectus and registration statement. The final pricing and details of the offering remain uncertain and depend on market conditions and required approvals, including from Cboe Canada Inc. Investors are encouraged to review the base shelf prospectus and related documents […]
VERSES® Promotes James Hendrickson to President and Chief
VERSES AI Inc. has promoted James Hendrickson to President and Chief Operating Officer, emphasizing his operational excellence as the company prepares for the commercial launch of its Genius™ platform. CEO Gabriel René highlighted Hendrickson’s experience in scaling tech operations as crucial for growth. Hendrickson expressed honor in his new role and commitment to delivering quality […]
VERSES® Trading Under New Ticker VRSSD on OTCQB Market
VERSES AI Inc. (CBOE: VERS, OTCPK: VRSSD) announced on March 27, 2025, that its Class A Subordinate shares began trading on the OTCQB market as part of its strategy for an eventual Nasdaq uplisting. Approval from Nasdaq and compliance with pricing and financing requirements are necessary, but there’s no guarantee of timely approval. VERSES specializes […]
VERSES® Announces Consolidation of Class A Subordinate
VERSES AI Inc. is consolidating its Class A Subordinated Voting Shares in preparation for an uplisting on the Nasdaq Capital Market. The consolidation ratio is 1:9, reducing the number of outstanding shares from approximately 211 million to about 23 million. This move aims to enhance visibility, attract a diverse range of global investors, and improve […]
VERSES® Announces Commercial Partnership with AI Driller
VERSES AI Inc., a cognitive computing firm, announces its collaboration with AI Driller, an AI solutions provider for the oil and gas industry, as part of the Genius commercial program. AI Driller enhances operations for global oil companies using advanced AI technologies. CEO Marat Zaripov emphasizes the potential of this partnership to improve investment returns […]
VERSES Demonstrates Smart Building Energy Optimization
VERSES AI Inc. showcased its smart home innovations at the invite-only Turing Grand Challenge on March 17-18, 2025, in Vancouver. CEO Gabriel René emphasized that existing energy control systems are reactive and fail to consider key variables. The exhibit, EcoNet, developed alongside University College London, demonstrates a multi-agent system that optimizes energy management by intelligently […]