Providing stock analysis for investors of the Canadian junior markets
Verses AI (CBOE: VERS) has improved its balance sheet while also securing a vote of confidence from one of its major shareholders. Group 42 Holdings has converted its outstanding debenture into units of the company.
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Preliminary results are out for Verses AI’s (CBOE: VERS) performance within the Atari 10K challenge. The firms AI platform, Genius, is said to have outperformed leading AI algorithms within the tests.
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Verses AI (CBOE: VERS) has officially secured funding from artificial-intelligence focused investors. The firm this morning revealed it has entered into an arrangement to raise $20 million from AI-focused institutions along with certain existing investors under a unit offering.
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Verses AI (CBOE: VERS) is anticipating that it will transition from its beta phase to its commercial phase in 2025, as the company progresses the development of its Genius platform.
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In this interview, Gabriel René, CEO of Verses AI (CBOE: VERS), discusses the company’s innovative neuromorphic computing platform, Genius, offering insights into its unique approach to artificial intelligence.
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Verses AI (CBOE: VERS) has successfully extended an exclusive, multi-year contract with a scientist key to the development of its Genius AI platform. Professor Karl Friston, a neuroscientist, has agreed to continue his work with the company in his role as Chief Scientist.
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Verses AI (CBOE: VERS) has reached a major milestone in the world of artificial intelligence. It’s Genius platform has successfully outperformed an OpenAI model in a code-breaking challenge.
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FULL DISCLOSURE: Canacom Group is long the equity of VERSES AI. In a significant leap forward for autonomous vehicle (AV)
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VERSES AI (CBOE: VERS) has completed the first phase of a research project with NASA’s Jet Propulsion Laboratory. The project, announced last year, was focused on the cross-platform interoperability between digital twin systems, which is to be used for lunar explorations.
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Verses AI (CBOE: VERS) has received a vote of confidence from one of the top groups in the artificial intelligence space, after having secured an investment from Group 42 Holdings, a UAE-based artificial intelligence group.
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