Core Insights - VERSES AI Inc. announced that its flagship product, Genius, outperformed both OpenAI's o1-preview model and China's DeepSeek's R1 model in a code-breaking game called Mastermind, showcasing its advanced capabilities in multi-step reasoning and efficiency [1][4][5] Performance Comparison - Genius achieved a 100% success rate in cracking the Mastermind code, while DeepSeek's R1 only succeeded 45% of the time [2][5] - The total compute time for Genius to complete 100 games was 5 minutes and 18 seconds, averaging 3.1 seconds per game, compared to DeepSeek's 26 hours, averaging 334 seconds per game [2][5] - The estimated total cost for Genius to solve 100 games was $0.05, whereas DeepSeek's R1 incurred a cost of $38.94 [2][5] Technological Advantages - Genius demonstrated a performance that was 245 times faster and 779 times cheaper than DeepSeek's R1 model [3][4] - The technology behind Genius leverages a Bayesian approach and Active Inference, allowing it to excel in dynamic real-world scenarios [4] Market Implications - The results of the Mastermind challenge suggest that domain-specific models like Genius could be crucial for enhancing the capabilities of general-purpose large language models (LLMs) [4] - The CEO of VERSES indicated that the accuracy and reliability of AI agents are key to unlocking broader adoption across major corporations [4]

Core Insights - Genius Group Limited has increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2 million, bringing the total to 440 Bitcoin valued at $42 million, with an average purchase price of $95,519 per Bitcoin [1] - As of January 31, 2025, the market value of the Company's Bitcoin Treasury was $46 million, based on a Bitcoin price of $104,893, while the Company's market cap was $33.1 million, resulting in a BTC/Price ratio of 139% [2] - Genius Group operates as a Bitcoin-first education group, serving 5.4 million users across over 100 countries through its AI-powered education and acceleration solutions [3] Company Overview - Genius Group is focused on delivering AI-powered education and acceleration solutions, integrating human talent with AI skills and solutions for individuals, enterprises, and governments [3] - The Company utilizes a Genius City model and an online digital marketplace to provide AI training, tools, and talent [3]

Core Viewpoint - Genius Group Limited has initiated a rights offering for its shareholders, allowing them to purchase additional shares at a subscription price of $0.50 per share, with the rights period expiring on February 14, 2025 [1][7]. Summary of the Rights Offering - Each shareholder received one transferable right for each ordinary share held as of January 24, 2025, enabling them to purchase one ordinary share at the subscription price [7]. - Rights holders can also subscribe for additional shares that remain unsubscribed through an over-subscription right, which allows for pro rata subscription [7]. - The rights are tradable on the NYSE American under the symbol "GNS RT" until February 13, 2025 [7]. Use of Funds - The company plans to use 100% of the net proceeds from the rights offering to purchase Bitcoin for its Bitcoin Treasury, with anticipated proceeds of up to $33 million if fully subscribed [7]. - Additionally, the company aims to pursue loan financings of up to $22 million, potentially increasing its Bitcoin Treasury from approximately $45 million to $100 million [7]. Company Overview - Genius Group is a Bitcoin-first education group that provides AI-powered education and acceleration solutions, serving 5.4 million users across over 100 countries [6]. - The company combines human talent with AI skills and solutions at various levels, including individual, enterprise, and government [6].

Core Points - Genius Metals Inc. has received approval from shareholders to change its name to "Morocco Strategic Minerals Corporation" with over 99% of votes in favor [1] - The name change will take effect on January 31, 2025, and the company will trade under the new symbol "MCC" on the TSX Venture Exchange [2] - The new name aligns with the company's strategy to focus on exploring and developing its assets in Morocco [3] Company Overview - Genius Metals is a Canadian mineral exploration company dedicated to acquiring, exploring, and potentially developing natural resource properties in Morocco and Canada [4]

Core Viewpoint - Genius Group Limited has filed a Prospectus Supplement for a rights offering, with all net proceeds allocated to purchasing Bitcoin for its Bitcoin Treasury [1] Group 1: Rights Offering - The rights offering aims to enhance the company's Bitcoin Treasury, indicating a strong commitment to Bitcoin as a core asset [1] - A guide for shareholders regarding the rights offering has been provided, along with links to the company's recent Investor Call, Investor Presentation, and FAQs [2] Group 2: Investor Engagement - An investor call and webcast will be held to discuss the rights issue, Bitcoin Treasury Strategy, and the company's outlook for 2025, hosted by CEO Roger Hamilton [2] - The live webcast and subsequent replay will be accessible, ensuring transparency and engagement with investors [3] Group 3: Company Overview - Genius Group is positioned as a Bitcoin-first business, delivering AI-powered education and acceleration solutions, serving 5.4 million users across over 100 countries [3] - The company operates through its Genius City model and online digital marketplace, focusing on AI training, tools, and talent, providing personalized entrepreneurial pathways [3]

Core Viewpoint - Genius Group Limited has increased its Bitcoin purchases to a total of $40 million, acquiring 420 Bitcoin at an average price of $95,912 per Bitcoin, as part of its "Bitcoin-first" strategy [1][2]. Group 1: Bitcoin Strategy - The company announced its "Bitcoin-first" strategy on November 12, 2024, committing to hold 90% or more of its current and future reserves in Bitcoin, with an initial target of $120 million in Bitcoin [2]. - The total Bitcoin purchase of $40 million was made within three months of the initial strategy announcement [2]. Group 2: Financing and Investor Engagement - Genius Group has funded its Bitcoin purchases through reserves, an ATM facility, and $19 million in debt financing from Arch Lending [2]. - An investor call was held on January 15, 2025, regarding a planned rights offering to raise up to $50 million for additional Bitcoin purchases, pending the filing of a prospectus supplement [3]. Group 3: Company Overview - Genius Group is a Bitcoin-first business that provides AI-powered education and acceleration solutions, serving 5.4 million users across over 100 countries [3]. - The company operates through its Genius City model and an online digital marketplace offering AI training, tools, and talent [3].

Core Viewpoint - Genius Group Limited is conducting an investor call to discuss its rights issue, Bitcoin Treasury Strategy, and outlook for 2025 [1] Company Overview - Genius Group is a Bitcoin-first education group that leverages AI to provide education and acceleration solutions [2] - The company serves 5.4 million users across over 100 countries through its Genius City model and online digital marketplace [2] - Genius Group offers personalized AI pathways that integrate human talent with AI skills and solutions for individuals, enterprises, and governments [2]

Rights Offering Details - The company has approved a $33 million rights offering for its ordinary shares, with 100% of net proceeds to be used to purchase Bitcoin for its Bitcoin Treasury [1] - Each shareholder will receive one transferable right for each ordinary share held on January 24, 2025, with the number of Rights rounded up to the nearest whole number [5] - Each Right entitles the holder to purchase one ordinary share at a subscription price of $0.50 per share [5] - Rights holders who fully exercise their Basic Subscription Rights can subscribe for additional unsubscribed shares on a pro rata basis [5] - Rights holders can sell their Rights, with trading expected to begin on January 23, 2025, under the symbol "GNS RTWI" and continue until February 13, 2025 [5] - The Rights Offering expires at 4:30 p.m. Eastern Time on February 14, 2025, unless extended [5] Founder and Management Participation - The Founder and CEO, Roger Hamilton, intends to acquire 500,000 additional shares, following the purchase of 500,000 shares on October 8, 2024, with the remaining 500,000 shares to be purchased on January 15, 2025 [2] - Following the acquisition, Mr. Hamilton will own approximately 6.8 million shares, representing 10.3% of the company's 66 million issued shares [8] - Mr. Hamilton has notified the company that he will fully subscribe to his rights under the Rights Offering, amounting to rights for an additional 6.8 million shares [8] Use of Funds and Bitcoin Treasury - The company plans to use 100% of the net proceeds from the Rights Offering to purchase Bitcoin for its Bitcoin Treasury, with anticipated proceeds of up to $33 million if fully subscribed [5] - The company also plans to pursue additional loan financings of up to $20 million, which, if successful, would increase the Bitcoin Treasury from approximately $35 million to $86 million [5] Investor Call and Webcast - The company will hold a live webcast and investor call on January 15, 2025, at 5:00 p.m. Eastern Time to discuss the Rights Offering, 2025 outlook, and Bitcoin Treasury strategy [13] Company Overview - Genius Group is a Bitcoin-first business delivering AI-powered education and acceleration solutions, serving 5.4 million users in over 100 countries through its Genius City model and online digital marketplace [14]

SINGAPORE, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, today announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $5 million to 372 Bitcoin for $35 million, at an average price of $94,047 per Bitcoin. The total purchase of $35 million of Bitcoin has been made within two months of the Company’s announcement on November 12 of its “Bitcoin-first” str ...

SINGAPORE, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE:GNS) ("Genius Group" or the "Company"), a leading AI-powered, Bitcoin-first education group, today announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $10 million to 319.4 Bitcoin for $30 million, at an average price of $93,919 per Bitcoin. The total purchase of $30 million of Bitcoin has been made within six weeks of the Company's announcement on November 12 of its "Bitcoin-first" strategy th ...