VERSES AI Inc.
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VERSES® Receives Patent for Specifying Domain Models with Active Inference Agents
Globenewswire· 2025-08-25 12:40
Core Insights - VERSES AI Inc. has been issued a patent for a novel method and system that enables software agents to generate predictions and perform domain-specific tasks using natural language [2][3] Company Overview - VERSES is a cognitive computing company focused on developing next-generation agentic software systems inspired by natural principles [4] - The flagship product, Genius™, is designed to provide reliable domain-specific predictions and decisions under uncertainty [4] Patent Details - The patent titled "A Method and System for Specifying an Active Inference based agent using Natural Language" represents a significant advancement in the design of domain models [2] - The technology aims to make intelligent agents more powerful and accessible for enterprises [3]
VERSES Announces Filing of Quarterly Report on Form 10-Q
Globenewswire· 2025-08-14 23:16
Core Insights - VERSES AI Inc. has filed its Quarterly Report on Form 10-Q for the three months ended June 30, 2025, with the SEC, indicating ongoing compliance and transparency in financial reporting [1] - The company reported its first revenue generated by its flagship product, Genius, just two months after its launch, showcasing early commercial success [2] - The CFO emphasized disciplined cost management and strong customer interest, suggesting a positive outlook as the company scales its operations [2] Financial Performance - The Quarterly Report reflects the company's financial results for the period ending June 30, 2025, highlighting the initial revenue from Genius [2] - The report is accessible on the SEC's website and the company's investor relations site, ensuring stakeholders can review the financial details [3] Company Overview - VERSES AI Inc. is focused on developing next-generation agentic software systems inspired by natural principles, with its flagship product, Genius, designed for reliable predictions and decisions under uncertainty [3] - The company aims to elevate human potential through technology modeled after the wisdom of nature, indicating a strong commitment to innovation in cognitive computing [3]
VERSES® Unveils Robotics Architecture that Works Without Pre-Training
GlobeNewswire News Room· 2025-08-14 13:12
Core Viewpoint - VERSES AI Inc. has developed a robotics model that can perform household tasks without pre-training, achieving a success rate of 66.5%, surpassing the previous best of 54.7% [4][14]. Group 1: Robotics Model Capabilities - The VERSES robotics architecture can perform tasks such as tidying a room, preparing groceries, and setting a table more effectively than other models, without requiring pre-training [2][4]. - Current robotics systems are often inflexible and require extensive training data, making them costly and unreliable in dynamic environments [3][4]. - The VERSES model adapts to its environment quickly, overcoming challenges that typically hinder other robotics solutions [3][5]. Group 2: Comparison with Existing Technologies - The VERSES model achieved a success rate of 66.5% in three tasks compared to 54.7% for the leading deep learning alternative, which required 1.3 billion steps for pre-training [4][14][15]. - Existing robotics solutions often struggle with unexpected situations, leading to operational halts, while VERSES technology allows for adaptability without extensive prior training [11][12]. Group 3: Technological Innovation - VERSES technology equips robots with a world model, enabling them to execute tasks in various layouts without needing detailed instructions [12][13]. - The system consists of three modules that work together to adapt to unexpected objects and situations, enhancing operational reliability [13][17]. - The potential applications for VERSES technology span across industries, including factories, warehouses, and domestic environments, indicating a transformative impact on automation [5][15].
VERSES® Sponsors Leading Conference on Active Inference
Globenewswire· 2025-08-12 12:55
Core Insights - VERSES AI Inc. is sponsoring the 6th annual International Workshop on Active Inference (IWAI), which focuses on advancing research in Active Inference and related fields [1][2] - The workshop will take place from October 15-17 at McGill University in Montreal, providing a platform for global researchers to connect and share insights [3] - VERSES researchers are actively contributing to the workshop with seven full papers and six poster presentations covering various topics including robotics and machine vision [3] Company Overview - VERSES is a cognitive computing company that develops next-generation agentic software systems inspired by natural principles [4] - The flagship product, Genius™, is designed to generate reliable domain-specific predictions and decisions under uncertainty [4] Industry Context - Active Inference is emerging as a key component of next-generation AI, with significant contributions from leading organizations such as Waymo and Mila [2] - The workshop aims to explore three core streams of Active Inference and Bayesian Brain research, highlighting the interdisciplinary nature of the field [3]
VERSES® Provides Update on Genius™ Adoption
Globenewswire· 2025-07-30 13:10
Core Insights - The company, VERSES AI Inc., has launched its enterprise intelligence platform, Genius, which is designed to provide reliable domain-specific predictions and decisions under uncertainty [1][3] - The Chief Commercial Officer highlighted the diverse use cases for Genius, indicating its potential to fill gaps in current AI solutions and unlock additional value across various industries [2][5] - Initial customer engagements include recognized brands in multiple sectors, showcasing the platform's broad applicability [2][5] Company Overview - VERSES AI Inc. specializes in cognitive computing and next-generation intelligent software systems, inspired by principles found in nature [3] - The flagship product, Genius, aims to elevate human potential through technology and is modeled after the wisdom of nature [3] Industry Applications - Genius is being explored for various applications across different industries, including: - Advertising & Media: Media Mix Strategy - Aviation: Resource Scheduling - Consulting: Project & Workforce Scheduling - Financial Services: Customer & Credit Risk Modeling - Manufacturing: Predictive Maintenance - Oil & Gas: Expert Drilling Assistant [5]
VERSES® Shareholder Update Letter
Globenewswire· 2025-07-29 14:25
Core Viewpoint - VERSES AI Inc. is focused on developing next-generation cognitive computing systems, emphasizing the unique approach of their technology compared to mainstream AI solutions, particularly in enterprise applications [2][3][4]. Company Overview - VERSES AI Inc. is a cognitive computing company that aims to create intelligent software systems inspired by nature, with their flagship product being Genius™, designed for reliable predictions and decisions under uncertainty [15]. Technology and Innovation - The company has introduced AXIOM, described as the world's first digital brain, which integrates modules for vision, memory, prediction, and reasoning, demonstrating higher reliability and efficiency compared to existing models [8]. - The approach of VERSES is based on the concept of active inference, which mimics human cognitive processes, allowing for real-world testing and adaptation of models [5][6][7]. Market Position and Adoption - Despite the rapid adoption of some AI technologies, enterprise AI adoption remains slow, attributed to the limitations of Large Language Models (LLMs) in performing reliable business tasks [3]. - The company has begun selling its product Genius™ to enterprise customers, with notable use cases in financial market modeling and fleet management optimization, indicating practical applications of their technology [11][12]. Recognition and Future Directions - VERSES has gained recognition in the media, with endorsements from industry experts highlighting the originality and potential impact of their approach on achieving Artificial General Intelligence (AGI) [13]. - The company is exploring robotics as an emerging frontier, showcasing early progress in enabling robots to perform complex tasks without prior training [14].
VERSES® Featured in IEEE Spectrum
Globenewswire· 2025-07-25 12:47
Core Insights - VERSES AI Inc. has been featured in IEEE Spectrum, highlighting its contributions to the Spatial Web and its potential impact on technology integration [1][2] - The article co-authored by VERSES CEO Gabriel René discusses the significance of the Spatial Web and presents five use cases demonstrating its benefits [2] Company Overview - VERSES is a cognitive computing company focused on developing intelligent software systems inspired by natural principles, with its flagship product being Genius™, an agentic enterprise intelligence platform [3] - Genius™ aims to enhance decision-making and predictions in uncertain environments, promoting a vision of a smarter world that leverages technology inspired by nature [3] Use Cases of Spatial Web - Energy-saving agents for home automation [4] - Coordinated mobility standards for autonomous vehicles [4] - Drones utilizing HSML for dynamic mapping [4] - Digital orchards employing the Spatial Web for zero-waste supply chains [4] - NASA's application of these standards for improved lunar rover mission simulations [4]
VERSES® Announces Corporate Update Webinar and Ticker Symbol Change
Globenewswire· 2025-07-22 12:48
Group 1 - The company VERSES AI Inc. has reverted its stock ticker symbol back to VRSSF on OTCQB after a temporary change [1][3] - A corporate update webinar is scheduled for July 29th at 9:30 AM Pacific Time, hosted by Co-Founder and CEO Gabriel René and President James Hendrickson [2] - The webinar will cover the latest developments on the Genius™ platform, the company's business strategy, and future roadmap [2] Group 2 - VERSES AI Inc. specializes in cognitive computing and is focused on developing next-generation intelligent software systems inspired by Nature [4] - The flagship product, Genius™, is designed to provide reliable domain-specific predictions and decisions under uncertainty [4] - The company aims to enhance human potential through technology modeled after scientific principles found in nature [4]
VERSES® included in Gartner® Hype Cycle™ for Artificial Intelligence, 2025
Globenewswire· 2025-07-17 13:02
Core Insights - VERSES AI Inc. has been recognized by Gartner as a Sample Vendor in the Hype Cycle for Artificial Intelligence, 2025, highlighting its innovative approach in the cognitive computing sector [1][2] - The company has also been acknowledged in separate reports for Spatial Computing and Active Inference, indicating a broad recognition of its technology [2] - CEO Gabriel René emphasized the demand from enterprises for reliable, domain-specific AI models, which aligns with the capabilities of their flagship product, Genius™ [3] Company Overview - VERSES is a cognitive computing company focused on developing next-generation intelligent software systems inspired by natural principles [4] - The flagship product, Genius™, is designed to provide reliable domain-specific predictions and decisions under uncertainty, aiming to enhance human potential through technology [4] Industry Context - Gartner's Hype Cycle provides a framework for understanding the maturity and adoption of technologies, which is crucial for businesses looking to leverage AI solutions [2] - The recognition by Gartner reflects the growing importance of reliable AI systems in addressing real business challenges and opportunities [2][3]
VERSES® Announces Closing of C$9,573,758 (US$7,000,331) Public Offering of Units
GlobeNewswire News Room· 2025-07-14 05:00
Core Points - VERSES AI Inc. has successfully closed a public offering of 1,007,764 units at a price of C$9.50 (US$6.946) per unit, raising gross proceeds of approximately C$9,573,758 (US$7,000,331) [1][3] - Each unit consists of one Class A Subordinate Voting Share and one-half of a Share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of C$11.50 (US$8.409) for 36 months [2][4] - The net proceeds from the offering will be used to strengthen the company's financial position, support ongoing operations, and fund research and development objectives [3][4] Financial Details - The company paid a cash commission of C$450,000 and issued 35,271 compensation warrants to the agents involved in the offering [4] - Additionally, a cash fee of US$250,000 (C$341,904) was paid to a financial advisor, along with the issuance of 75,000 corporate finance fee warrants [4] Regulatory Information - The offering was conducted under a prospectus supplement filed with Canadian securities commissions and the U.S. SEC, with the base shelf prospectus receipted on September 26, 2024 [5] - The offering was registered in the U.S. under a registration statement declared effective by the SEC on October 1, 2024 [5][7] Company Overview - VERSES AI Inc. is a cognitive computing company focused on developing next-generation intelligent software systems inspired by natural wisdom [8]