FULL DISCLOSURE: Canacom Group is long the equity of VERSES AI.
Verses AI (CBOE: VERS) has officially entered the commercialization phase with its flagship Genius artificial intelligence tech. The launch is said to enable “Agentic Intelligence for Enterprise.”
The Genius AI platform is being offered as a paid service with both consumption-based and performance-based pricing, while also offering enterprise licensing. The platform is initially targeting machine learning and data science professionals that are working to solve enterprise problems that need predication with either uncertainty or hidden factors.
Current beta users of the Genius platform are expected to be converted into paying customers, while access will begin to roll out to qualified applicants over the weeks to come. The commercialization phase follows the Genius platform seeing significant upgrades to current features, including its intelligence agents, API’s, a model editor and a developer portal.
READ: Verses AI Genius Platform Outperforms Leading Algorithms In Atari 10K Challenge
“With today’s milestone, the commercial launch of Genius, VERSES transitions from research-led to revenue-driven,” commented Verses CEO Gabriel Rene.
“We believe that general-purpose AI struggles to meet the domain-specific needs of today’s enterprises, which is why Gartner® estimates that 50 percent of all AI models will be domain-specific by 2027. Genius is designed to meet this need, to enable more reliable, domain-specific predictions and agent-powered decision automation for the enterprise. With thousands of developers already on our waitlist, we are excited to begin converting that pent-up demand into paying customers.”
Verses AI last traded at $4.10 on the CBOE.
FULL DISCLOSURE: Canacom Group, the parent company of The Deep Dive is long the equity of VERSES AI. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
