Verses AI Inc (VERS) News

Sold all my shares, realized I'm happy to get out at break even and put my money elsewhere. GLTA

Again, that's a non answer, 

So just to clarify, 
1.) VRSSF is paying you $10k per month
2.) You say your very bullish on this company
3.) You haven't bought any shares in over a year
4.) You wont disclose how many shares you own.

*You sound like a pumper. And you don't disclose your comp on this platform.

I own 2,000 shares (I'm at break even). I would buy more but honestly mgmt decisions like paying all these stock promoters makes me really question if these guys know what they're doing.

*pls tell me what I'm missing

I bought shares in late '22, added in '23, and have never sold one share.

While this is a very speculative stock, AI + protocols offer a very compelling investment opportunity.
The technologies are very complex and I hope my videos/blog posts help convey the big picture.

Hope your right,

But projections are usually not realistic (especially in tech). These are usually way short one way or the other

VERSES Provides Q4 Corporate Update

VANCOUVER, British Columbia, Dec. 31, 2024 - VERSES AI Inc. ("VERSES'' or the "Company”), a cognitive computing company specializing in next generation intelligent systems, provides a corporate update.

“Our mission is to unleash a new class of intelligent autonomous agents that are both more reliable and more efficient. Today, the research and product investments we’ve made are proving their worth—just as the diminishing returns of scaling data and compute, alongside the unreliability of traditional deep and reinforcement learning, are becoming widely recognized,” said Gabriel René, founder and CEO of VERSES.

“Our Genius product has evolved rapidly this quarter, and we are excited to transition from beta to its commercial phase in 2025,” René continued. “Its unique combination of active inference and learning, as highlighted in today’s announcement on the Atari benchmarks, enables a new class of agents capable of reliably automating real-time decision-making, reducing errors, and maximizing efficiency for enterprises—from software applications to robotic automation. By design, Genius goes beyond intelligent systems available today and has the potential to become a disruptive force in next-generation autonomous intelligent systems,” concluded Mr. René.

Quarterly Highlights include:

Genius™ Rollout

"Being able to explicitly model the cause-effect relationships of complex systems and quantify uncertainty means we can generate something not possible with traditional ML tools – results that are reliable, explainable, and assurance ready," said Andy Tasker, CEO of Prodigii.

VERSES released an update of its flagship product, Genius, to beta program participants earlier this month, which includes powerful, enhanced reasoning and planning capabilities, comprehensive model explainability, and support tools to accelerate onboarding. The latest release improves user experience by providing a new model editing interface with simplified tutorials and deployment processes based on initial feedback from early beta users. This release is initially available to select beta partners and machine learning practitioners. As Genius functionality evolves we expect to expand the number and variety of user personas and use cases in 2025.

Research Milestones

“As anticipated, we’re thrilled to share groundbreaking early results from the Atari 10k Challenge,” said Hari Thiruvengada, Chief Technology Officer of VERSES.

VERSES Atari 10K Challenge is an aggressive variant of the Atari 100K benchmark that aims to meet or exceed human-level performance across multiple Atari games using just 10k frames (90% less data) and a fraction of the compute with a single generalizable architecture than industry-leading approaches. Preliminary results demonstrate that VERSES Active Inference-based, Bayesian models can achieve comparable or better performance than state-of-the-art reinforcement learning models such as the #1 ranked BBF (Bigger, Better, Faster) from Google’s Deepmind and other deep learning transformer-based models that power OpenAI, Anthropic and Meta’s to LLM’s and all Generative AI models across multiple games using 90% less data, 96% less compute and resulting in models that are up to 97% smaller in size, which is key to operating on low-power devices. In addition, VERSES model performance was conducted on the equivalent of a CPU vs the GPU architecture required for the other algorithms.

“We believe this marks an historic shift for the AI industry at large,” stated Thiruvengada. “We have demonstrated that it is technically feasible to leverage Bayesian approaches at scale, tackling complex challenges like Atari with significantly reduced compute and sample sizes. Simultaneously, we are integrating these advanced capabilities into Genius, ensuring that we deliver a user-friendly and accessible solution for our customers. This is just the beginning of what we can accomplish together.”

A more comprehensive update on Atari results is forthcoming.

The Atari benchmarks come on the heels of VERSES sharing results demonstrating how an agent, powered by Genius, outperformed OpenAI’s o1-Preview, considered the industry-leading reasoning model on the code-breaking test Mastermind. Genius consistently outperformed o1-Preview by reliably solving the code 100% of the time vs. o1-Preview’s 71% accuracy rate while performing 140 times faster and costing 5260 times less. A detailed breakdown of the results can be found here.

Commercial Projects

The initial smart city project in partnership with Analog for simulating taxi fleet management in Abu Dhabi is progressing well and the discovery phase is on schedule.

“We are pleased that a majority of Genius beta users are expected to convert to commercial engagements in 2025,” said James Hendrickson, Chief Operating Officer. “We also have several new projects in a variety of different market segments that are in the scoping phase with contracting expected in Q1.”

Corporate and Operational Updates

As the Company anticipates scaling product and commercial operations, we have made several investments to shore up personnel and organizational processes.

VERSES extended Professor Karl Friston’s exclusive contract as Chief Scientist. The multi-year contract builds on the success of both research and product development and includes incentives tied to future milestones and deliverables.

VERSES researchers attended the 38th Annual Conference on Neural Information Processing Systems (NeurIPS 2024) held in Vancouver, Canada. Three full papers from VERSES were accepted and seven were included in various workshops with topics spanning, among other areas, active inference, predictive coding, embodied agents, and robotics. Professor Karl Friston presented at the NeuroAI workshop entitled “The three faces of AI,” and participated in a panel discussion on the fusion of AI and Neuroscience with fellow AI pioneer Yoshua Bengio.

Additionally, the Company operationalized research with standardized test environments, frameworks and more robust support for cloud services like Amazon Web Services. There has also been a focus on formalizing and improving knowledge transfer efficiency between research and product in order to help prioritize research efforts based on demand as well as the productization of research.

https://www.globenewswire.com/news-release/2024/12/31/3003120/0/en/VERSES-Provides-Q4-Corporate-Update.html

Nice PR today as a New Year's gift to chew on.
Everything seems to be falling into place.
If you feel that Gabriel Rene has been accurate with his predictions so far,then you'll remember that during his Quarterly report this past summer,he stated that Verses would be seeing $300-400 million in revenue beginning in 2025.
And that would be in the first year of commercialization.
Where does the stock price go?

I didn't realize this and many of you may be aware already but just a heads up that Einstock is currently compensated by VRSSF. I saw Crazyflavor's response then looked at Einstock's profile to confirm it. I'd also be very interested to see how many shares Einstock has acquired. Is the bullishness genuine belief or is he here doing what they're paying him to do?

This almost looks like Tobin Smith got his newsletter out on the weekend with a 100x recommendation.
Did Gabe give him an indication that more strong Atari results were coming,because today was a free-for-all right from the opening bell?
It sold strong right into the close,so will tomorrow be more of the same?
Strong volume on both sides of the border,almost like there was public news released...or a newsletter.

So they are still paying you $10k per month? 
If you are so bullish on this company post screenshots of what you hold (# of shares, that's the real measure of belief in this company), not just a buried disclaimer in the description of a YouTube video. Plus $10k per month isn't far off from an engineers starting salary.

So far I like the tech, hate the money management.

Verses AI OTCQB VRSSF YouTube Summary

VERSES AI VRSSF

Verses just went side by side against OpenAI playing the game Mastermind..
Mastermind is a game that requires "reasoning" which OAI claimed "Strawberry" had.
Verses just showed the world that they have a path to AGI, without requiring NVDA chips, data center or training.
That is disruptive..
They showed they could blow OAI away.. 3 secs vs 6 mins, $.05 vs $243, 100% vs 71%, 5 mins vs 12 HOURS

People in the AI space may be thinking that Verses (Genius) might be THE AI stock to own now.
Verses is valued around ($200--300m)...OAI is valued at $157B

I told folks to watch out for tax loss selling 3 months ago. I'm sure there were also short sellers in the mix. The company cannot legally release private reports to investors. I believe a confluence of factors are in play. I don't know what the newsletter promoters are saying but Gabe did state news would come out before the end of the year so there should be something tonight or tomorrow. That could be the primary stimulant.

Tobin Smith was told by Gabriel Rene that they would have the results for ALL 26 Atari games in 40 days.That was the last week of October.
What if they only put out the results of one game because it was material news,but withheld the rest to allow certain investors in before releasing the rest?
We are either seeing this,or Tobin Smith put out his newsletter and telling everybody to pile in now!
Because this is not normal buying, especially during a Christmas break.

It appears somebody knows something that is not yet public, and they are front-running the news.

The stock is going crazy...Is Gabe letting a certain group buy cheap before he releases a bombshell?

How much is Verses worth once they release Genius and launch Web 3.0?
4-5 months to find out!

In the last month,Verses has been releasing news about every 6 days.
They are gearing up for release in the 2nd Quarter,so it's a busy period from here on out.
Do they drop another bomb tomorrow?Companies on their way up don't take holidays.

Once they announce they are ready for production and sales,the whole company shifts from just a lab to a business.
They will need a lot of money to hire new personnel and marketing at that stage,as well as keeping the research going.
They are saying 2nd Quarter,which begins March 1.
A huge money raise should be coming in the next two months.
If it all falls into place as they are implying,the 6 week period from the 14th of January to the end of February should be extremely busy for the company and the shareholders.

When Tobin Smith talked to Gabriel Rene near the end of October,he was told the results of all 26 Atari games would be released,not just one game.
I doubt Rene would lie to a well-known newsletter writer with wide appeal and who put $100,000 of his own money in the stock.
So, the rest of the results should be forthcoming any time,whatever they are.
A newsletter writer could be the death knell for a small company trying to attract investors.
The 3rd week of January will see something coming out,imo.
All the holidays will be over,an
d Rene is calling Q2 for public release of Genius,which begins in March.
They will need a huge money raise to get it done,along with marketing.

what du you mean no nmention of vrssf

Dare we dream a little dream...............
https://www.reuters.com/technology/artificial-intelligence/microsoft-works-add-non-openai-models-into-365-copilot-products-sources-say-2024-12-23/

Dec. 23, 2024 VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) a cognitive computing company specializing in next-generation intelligent systems, announces that the Company has extended its exclusive contract with Professor Karl Friston, acclaimed neuroscientist, to continue his role as Chief Scientist. The extension includes additional performance-based incentives that recognize recent breakthroughs in research and development and contributions to its flagship product Genius™ and further expected technological advancements.

“Our work with Professor Friston has exceeded our expectations,” said Gabriel René, founder and CEO of VERSES. “His revolutionary theories on Active Inference have been central to the creation and continued development of Genius, as well as our broader cognitive computing initiatives. We believe the results from Genius have been nothing less than spectacular, some of which we previewed with the Mastermind exercise recently. The recent success in the Atari benchmarks further underscores the transformative potential of these systems, and we look forward to sharing more results in the coming weeks. We are thrilled to deepen this collaboration as we build on these milestones and drive innovation forward together.”

Professor Friston, whose partnership with VERSES is central to advancing the practical application of his research, shared his thoughts on the renewed agreement:

“I am delighted to be able to extend my work with a company so deeply committed to translating the right scientific principles into transformative and sustainable applications,” said Professor Friston. “VERSES’ steadfast dedication to pioneering the commercialization of Active Inference research is already yielding exceptional results. My continued commitment to VERSES reflects not only a shared belief in this ambitious vision, but also a dedication to advancing the groundbreaking work we have undertaken together. I eagerly anticipate contributing to this mission in the years to come — as we aim to shape the future of intelligent ecosystems.”

https://www.globenewswire.com/news-release/2024/12/23/3001222/0/en/VERSES-Renews-Agreement-with-Chief-Scientist-Karl-Friston-to-Continue-Innovation.html

New Gabriel Rene interview on Deep Dive on YouTube...

That would mean G42 can buy shares at ~$3 per share prior to any follow-on offering.

Gabriel Rene response after looking at the two previous posts about Open AI's ARC test results...
https://x.com/GReal1111/status/1870295602963059002?t=uXMMENxZc8JRZ3vlbcKVXQ&s=19

"For the math challenged"?

Verses has $140m market cap, 3.7billion divided by $140m gets you 26x plus some change. Also, that deal locks in Analog in. no matter how much Verses dillutes their shares. And their going to dilute like a mother. This gives Analog a lot of upside if Verses dillutes to say 1 billion shares. I believe these guys may be able to pull off the tech, but there is a reason these companies stay private for awhile, they can raise money at crazy valuations (So their investors don't get murdered by dilution)

Just my 2 cents

Commercial update or Atari 10k I next in 2024...

These two need to be read together...How much power,water,time and cost did it take for just an acceptable score?
1- https://www.newscientist.com/article/2462000-openais-o3-model-aced-a-test-of-ai-reasoning-but-its-still-not-agi/.
2- https://news.ycombinator.com/item?id=42473321 HD

For the math challenged, a $3.7 BILLION valuation is nearly a 100X bagger increase in Verse AI stock price from today! But why did Analog pay $10 million just to get the RIGHT to invest up to $90 million in Verses AI at a $3.7 billion valuation?

Very simple--WHEN Verses AI proves to the AI technology world that they have LEAPFROGED Open AI --which just closed another venture capital round at a $157 BILLION pre-money valuation . . .or other private "Deep Learning" large language model companies with an average $15 billion valuation-- G42 is literally HEDGING its massive investment in Analog with the option to invest $90 million into Verses.

MICROSFT invested $1.5 billion into G42, so this Analog move also hedges Microsoft's bet on G42.

The BIG Point: What this all means is that in the next 40 days, Verses will prove that their proprietary Genius AI platform is 99% MORE efficient than data center-based AI and requires 98% LESS electric power!

In other words, Genius AI delivers 90% BETTER results on a PC or laptop vs. Data Center-based inference AI—with 98% less power required! That new AI reality is both historic and mind-blowing in that Verses will demonstrate and deliver true "Artificial General Intelligence, aka AGI, 5-10 years before $157 billion valued Open AI or others —in the next 90 days!

Below is the FIRST Verses AI Atari Challenge that got them BIG news at this year's Davos event--which in turn got UAE's G42 and subsidiary Analog (which is 22% owned by MICROSOFT btw) to put up $10MM as a starter investment in Verses AI.

Then Analog founder/CEO of Analog (www.g42.ai) Alex Kipman said last week in a webinar with Gabe, "We now understand that Analog can NOT BUILD the $100 Billion Smart City we are building in Abu Dahbi WITHOUT Verses AI Genius AGI genius platform--it's IMPOSSIBLE without Genius AGI!"

That is also why G42 signed an agreement to acquire the right to invest up to $90 million into Verses at a $3.7 billion pre-money valuation.

Shares Outstanding is not too much!! If i am not wrong
176.48M

Just bought more at .69. I'm thinking buy all you can! This has a real shot to be one of 2025's biggest winners. This is the next frontier!

If they can do the Atari 10k like they've been saying with video proof this will take off. 

It's extremely hard to value this company bc it's based off of hype and story not revenue. Now I like the story but you can't keep diluting at these prices, the shareholders will get wiped out and it will become impossible for them to gain a good return for the risk they've taken

Whether private or public, emerging tech companies look to venture capital and established client-facing distributors of SaaS to form JVs or to take a minority ownership interest in the company if they plan to integrate their technology into the services they provide. Surprised I have not seen any of the latter to this point in time. And the venture portion is still fairly small.

Dream was short lived

On the other side of that argument..they offered shares to the public.
If this was a private co, you probably never get access to investing in it.

Public company that has doubled its share count in the span of a year. These guys need contracts and revenue.

https://deniseholt.us/verses-ai-crushes-openai-o1-in-head-to-head-competition/

After the latest PR,Tobin Smith was telling his followers that Verses was going to 50x.
Yesterday,after Denise Holt's latest writeup,which was quite impressive,Tobin Smith has changed his target to 100x.
He should have a new newsletter for his followers going into the weekend or early next week.

Looks like the bump from the news is over

Denise Holt today discussing the Genius benchmark result from this week with a tech on LinkeIn today..."...There are many more Benchmarks announcements coming over the next few weeks,and from what I understand,they all are going to display the same level of stark difference in performance[vs LLMs] over thousands of various tasks."

Like what I see. Bought more today at .81. 2025 could be a huge year for this smart AI company. Like Rene's comment on X yesterday that "this is just the beginning". I really think these guys have genius minds, kind of like Elon Musk. Think outside the box. Has unlimited potential. People in the tech world are buzzing. The next rocket stock....???

Hopefully JUST profit taking!!!!! My FOMO is getting the best of me.

Thank you Robinhood.
New video coming out tomorrow about what this Mastermind/OpenAI means.

People should be paying more attention to what Scott Shaffer says...He has been telling people exactly what was going to happen for almost a year now,without coming right out and saying he's been told...

What do many have missed in the last PR,is that while Verses hit on 100% of the tests,Open AI 'MISSED' on 29% of their tries...Verses showed a demonstration of one where Open AI completed the test,but not of one of the 29 times it failed completely...

Thanks, that's exactly what I was looking for

Maybe xAI and OpenAI along with NVDA and the LLM companies should be booking some time in the Verses.AI conference room if it is as good as the demo posted on Twitter/X.com implies.

Gabriel @GReal1111 posted it on X/Twitter one hour ago. I just found it myself.

I bought more shares a few weeks ago to average down as I made my first purchase of shares in the .90 cent range. Glad I did. Almost even in one day!. Why? I think these guys are brilliant after doing my DD some time back. Feel bad for those who sold at a tax loss. This has a lot of potential and is virtually an unknown company at the moment. This could make you a lot of money if patient. IMO