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Verses AI Inc

Verses AI Inc (VERS)

1.68
-0.12
(-6.67%)
Closed 24 January 8:00AM
Realtime Data

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
1.68
Bid
1.65
Offer
1.68
Volume
710,848
1.57 Day's Range 1.80
0.35 52 Week Range 2.35
Previous Close
1.80
Open
1.80
Last Trade
200
@
1.68
Last Trade Time
Average Volume (3m)
886,124
Financial Volume
-
VWAP
-

VERS Latest News

VERSES Genius™ Agent Outperforms Leading AI Algorithms at Major Industry Benchmark

VANCOUVER, British Columbia, Jan. 22, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in...

VERSES to Release Atari Benchmark Results at World Economic Forum in Davos

VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next...

Verses AI Inc. Announces Closing of $20,000,000 Prospectus Supplement Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Verses AI Inc. (CBOE: VERS...

VERSES AI Announces Pricing Of Unit Offering

BASE SHELF PROSPECTUS AND PROSPECTUS SUPPLEMENT TO BE ACCESSIBLE ON SEDAR+ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British...

VERSES Provides Q4 Corporate Update

VANCOUVER, British Columbia, Dec. 31, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next...

VERSES Renews Agreement with Chief Scientist Karl Friston to Continue Innovation

VANCOUVER, British Columbia, Dec. 23, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in...

VERSES Genius™ Outperforms OpenAI Model in Code-Breaking Challenge, “Mastermind”

VANCOUVER, British Columbia, Dec. 17, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company, today revealed performance...

VERSES Releases Latest Version of Genius™

VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in...

VERSES Closes Third Tranche of LIFE Offering

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 09, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:...

VERSES to Provide End of Year Update Including Milestone Benchmark Results

VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.09-5.084745762711.772.181.511613201.95273306CS
40.48401.22.351.1313594251.83353514CS
121.09184.7457627120.592.350.358861241.32846128CS
260.686812.350.355618411.18494109CS
52-0.26-13.40206185571.942.350.353931391.21976211CS
1561.182360.53.720.353711201.42732289CS
2601.182360.53.720.353711201.42732289CS

VERS - Frequently Asked Questions (FAQ)

What is the current Verses AI share price?
The current share price of Verses AI is $ 1.68
What is the 1 year trading range for Verses AI share price?
Verses AI has traded in the range of $ 0.35 to $ 2.35 during the past year

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VERS Discussion

View Posts
scottyb scottyb 2 days ago
stock is down and goibg lower
👍️ 1
Bandicoot_Inv Bandicoot_Inv 2 days ago
VERSES Genius™ Agent Outperforms Leading AI Algorithms at Major Industry Benchmark
Demonstrating High Performance in “Atari Challenge” with 90% Less Data, 96% Faster Training, 96% Smaller Model Size; Applicable to Real-World Challenges

https://www.globenewswire.com/news-release/2025/01/22/3013198/0/en/VERSES-Genius-Agent-Outperforms-Leading-AI-Algorithms-at-Major-Industry-Benchmark.html

VANCOUVER, British Columbia, Jan. 22, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next-generation intelligent systems, has shared preliminary results on its variant of the “Atari 100K Challenge” a leading AI industry benchmark, where software agents must learn gameplay proficiency, on their own, using a limited amount of training data.

The results, which can be found in a blog post on the Company’s website titled “Mastering Atari Games with Natural Intelligence,” showcase how agents powered by GeniusTM, a toolkit for developing intelligent agents, were able to match or exceed the performance of state-of-the-art Deep Reinforcement Learning (DRL) and Transformer algorithms using 90% less data. DRL is the algorithm that underpins work such as Google Deepmind’s AlphaZero, AlphaGo, and AlphaFold, while Transformers are the foundation of Generative AI and LLMs like OpenAI’s GPT, and other popular models like Anthropic’s Claude, Google’s Gemini, Meta’s Llama, X.AI’s Grok and others.

“The Atari Challenge represents more than just machines playing games. Video games are a proxy for the complex dynamic systems all around us,” said Gabriel René, founder and CEO of VERSES. “We need AI to help us to better navigate the complexity and uncertainty of the real-world; yet state-of-the-art AI algorithms remain too unreliable, inefficient and unexplainable. While there is more work to be done to productize this research into Genius, we believe these early results and the research behind them signal a historical shift towards developing smarter, safer and more scalable AI.”

The Atari 100k benchmark has been used to test an agent's ability to excel in three critical areas: interactivity, generalization, and efficiency. VERSES’ variant, known as “Atari 10k,” tests for these same capabilities, using only 1/10th of the sample data. This increase in efficiency reduces the need to rely on large datasets and compute architectures, and indicates applicability to real-world problems where data can be sparse, incomplete, noisy, and where learning may need to occur in real time. Genius agents have demonstrated these capabilities across multiple Atari games by efficiently learning about the objects and physical mechanics of the game environments through interaction, on their own, without the need for human supervision. By learning the hidden cause-effect dynamics in the games, the agents were able to better predict outcomes and select optimal actions to outperform the state-of-the-art models even across multiple games with different objects, dynamics and goals. In contrast, DRL and Transformer architectures must rely on substantial training data and compute as well as bespoke tuning to ‘fit’ with the gameplay mechanics.

“By aligning with how intelligence has evolved in nature and how energy efficient biological systems must act to preserve their existence, we believe that the architecture and methods that underwrite Genius offer a sustainable and scalable means to building ecosystems of authentic, autonomous and agentic intelligence,“ said Karl Friston, VERSES Chief Scientist.

“By Applying the Free Energy Principle, the Active Inference framework, and Bayesian Machine Learning, we are working on developing an efficient and generalized architecture that allows intelligent agents to learn and develop expertise across any domain,“ said Hari Thiruvengada, VERSES Chief Technology Officer. “The reasoning, planning, and online learning capabilities that allow a Genius Agent to engage in dynamic gameplay is extremely relevant to applications such as classification, recommendations, prediction, and decision-making across a variety of industries, including financial, medical, risk analysis, autonomous driving, robotics and more.”

For a more detailed description and videos of gameplay visit our blog at verses.ai.
👍️0
scottyb scottyb 2 days ago
this turd biscuit is going below 1.00 weee
👍️ 1
robinandthe7hoods robinandthe7hoods 2 days ago
Tough day today for the stock price.
The Mastermind results were seen online a short while before they put out a PR about them.
They're doing the same this time.
I can't profess to know why they have waited both times,but this is the second time.
Let's see what it leads to...
👍️0
ThePieMan ThePieMan 3 days ago
Wow, picked up more after drop. Blue skies ahead. Looks like a battle to try and crush this tiny upstart company from taking on the big boys this morning. Someone doesn't like all these great results coming from these "unknowns" after billions wasted on other forms of AI
👍️0
aBeezlee aBeezlee 3 days ago
Insanity. OTC showing weakness.
👍️0
Lokotony Lokotony 3 days ago
OK, ALL this good news, WTF is happening, -20%!
👍️0
scottyb scottyb 4 days ago
no nonno
👍️0
robinandthe7hoods robinandthe7hoods 4 days ago
Extremely impressive results in the Atari games!
These were done on only 10k,a test no one else in AI has even attempted.It was like IRIS wasn't even in the room.
It goes to show just how complicated even the 100k is,when none of the LLMs can even conquer that without spending a ton of money,and still only winning a % of the time.
Verses 10k step will be embraced by the AI world!
👍️0
robinandthe7hoods robinandthe7hoods 5 days ago
The institutions that got in on the last PP,got in before the next news comes out at Davos.
When the next news comes out,they will begin pushing this stock on their customers,along with guys like Tobin Smith with all his followers.
The price will spike with record volume on the promotion.
The next news following Davos will spike it again.
It's all in the hands of the institutions now...
👍️0
robinandthe7hoods robinandthe7hoods 5 days ago
Michael Wadden tonight on LinkedIn..."Thank you to the team at AGP for leading our first institutional investment round.Now the rocket is fueled!"
Now,why would the institutions choose now to do their first investment round?
👍️0
Laster Laster 6 days ago
Nice recovery. Stock showing strength.
Just have no clue how to value this company.
It could be worth $10 million or $10 billion.
I guess time will tell.
👍️0
robinandthe7hoods robinandthe7hoods 6 days ago
In the last PR,verses states that they plan on showing that Genius can outperform current state-of-the-art deep reinforcement learning 'Models'...plural.
Was that just a term they meant encompassed the entire genre,and only went up against one of them,or did they do the test against multiple models and beat them all?
It'll be interesting to see the reaction if they went through the process to beat them all.
👍️0
scottyb scottyb 7 days ago
liar liar pants on fire congress is talking about overhauling power system fir a i
👍️0
scottyb scottyb 7 days ago
you are on blow?
👍️0
aBeezlee aBeezlee 1 week ago
Why do I feel this could run to double digits EOY?
👍️0
robinandthe7hoods robinandthe7hoods 1 week ago
Remember when Gabriel Rene said that the plan was to make Genius an App Store for developers?
Genius is going to be a stand alone operating system(O/S) on the brand new Web 3.0 that deals mostly in 3D-4D.
LLMs were basically obsolete the moment they were thought of.There was a finite amount of data,then they would be at their limit.
They are there now.
None of them can achieve profitability because of the sheer amount of power they use.
The next 6 weeks here will be something to witness.
The next 6 months will be astounding!
👍️ 1
robinandthe7hoods robinandthe7hoods 1 week ago
The shorts were given a window of one week before the next significant news is released,so they get to play their games until Thurs-Friday,that is when it should turn on a dime.
Whenever any stock is given notice ahead of time of a specific target date for news,the shorts take advantage.
👍️0
Bandicoot_Inv Bandicoot_Inv 2 weeks ago
VERSES to Release Atari Benchmark Results at World Economic Forum in Davos
Chief Scientist Karl Friston and Executive Team to be Featured at Key Events to Discuss Details
January 13, 2025 08:15 ET | Source: VERSES AI Inc.
👍️0
robinandthe7hoods robinandthe7hoods 2 weeks ago
In December they put out a PR stating they had released an updated version of Genius.
Afterwards they announced that they had easily beaten Open AI in the Mastermind Atari game.
That updated version of Genius was the version that took Genius to the next level and conquered all the Atari games.
They were now ready for general release.
👍️0
Bandicoot_Inv Bandicoot_Inv 2 weeks ago
VANCOUVER, British Columbia , Jan. 13, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc a cognitive computing company specializing in next generation intelligent systems, today announces that Chief Scientist Karl Friston and members of their senior leadership team will be returning to The World Economic Forum Annual Meeting 2025, taking place on January 20-24th in Davos, Switzerland , where they will participate in a number of meetings, panels and interviews.
During this event VERSES plans to release an update on the previously announced Atari 10K Challenge. Preliminary results have demonstrated that VERSES Active Inference-based models can achieve comparable or better performance than current state-of-the-art reinforcement learning models using just 90% less data (10k frames) and a fraction of the compute. The update will contain results and video demonstrations of VERSES meeting or exceeding human-level performance on multiple Atari games.
👍️0
robinandthe7hoods robinandthe7hoods 2 weeks ago
The next 6-7 weeks heading into Q2 will be extremely interesting,as they stated they would begin production of Genius.
They will need to raise a huge sum of money for hiring and marketing.
After they show the Atari results at Davos in front of the entire AI community,the next 6 months afterward will be something to behold for a penny stock.
👍️0
robinandthe7hoods robinandthe7hoods 2 weeks ago
Looks like Tobin Smith will get the rest of his Atari results at the Davos conference in front of the entire AI community.
10k,not 100k,which is the only one the multi-billion dollar LLMs can finish,and only partially.

"Stockwatch" https://www.stockwatch.com/News/Item/Z-C!VERS-3640819/C/VERS
👍️0
robinandthe7hoods robinandthe7hoods 2 weeks ago
This is a long stretch in between reports by Tobin Smith.
He said he had talked to Gabriel Rene in the October report and was told all 26 games would be released in 40 days.
I wonder if he's waiting for the release of the rest of the games before he puts out another report?
Next week all businesses should be running normally again after the holidays.
Is it possible that Verses releases something next week?
👍️0
scottyb scottyb 2 weeks ago
yea what institutions are investing and how much and what date 
👍️0
robinandthe7hoods robinandthe7hoods 2 weeks ago
Used to take 1-2 months to close a PP for $10 million.
This one will take two days for double the amount.
It's not cheap to run these companies.The LLMs go through billions every year.
The institutions are stepping up quicker and with more money,so they must see some runway coming.
👍️0
Laster Laster 2 weeks ago
Horrible price for the $20 financing. Stock will take a hit temporarily but should recover when financing closes.
JMO.
👍️0
Bandicoot_Inv Bandicoot_Inv 3 weeks ago
Microsoft’s $80B Investment to Set the U.S. AI Innovation on Fire

Microsoft revealed its boldest plan of investing $80 billion in artificial intelligence. This funding will be used to develop cutting-edge data centers worldwide to power AI models and cloud-based applications. The company further revealed that more than 50% of this investment will take place in the United States. This huge decision bolsters its confidence in the American economy and dedication to technological leadership.

Brad Smith, Microsoft’s president and vice chairman, outlined this bold vision in the blog post noting,
“The country has a unique opportunity to pursue this vision and build on the foundational ideas set for AI policy during President Trump’s first term. Achieving this vision will require a partnership that unites leaders from government, the private sector, and the country’s educational and non-profit institutions. At Microsoft, we are excited to take part in this journey.” https://carboncredits.com/microsofts-80b-investment-to-set-the-u-s-ai-innovation-on-fire/
👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
If you do a lot of reading,even industry experts admit they have no idea what they'll be able to do with LLMs and how to make them profitable.
Even at this stage,they are an interesting toy.If they raise the price to play around with them,who would be willing to pay for it?
Businesses are still tinkering with them,knowing they aren't trustworthy enough to be left on their own,for the most part.
But everybody wants to build even more AI data centres for LLMs.Even Keven O'Leary is proposing a $70 billion centre in Alberta.
Current AI is a 2D configuration,meanwhile everyone knows the next generation must go to 3D and 4D.
It is also admitted by industry insiders that current AI can't reach AGI as is.
But,along comes Verses AI,which is 3D and 4D based AI,and which operates at a much lower cost base than LLMs,AND CAN ACTUALLY THINK!
It appears that true AGI is within reach now,by applying the power of the LLMs with the reasoning and cost savings of Verses.
It may also appear like the LLM operators are ignoring Verses at the moment.
Imo,by the end of this year,they will all be coming on board to add Verses 'Genius' to their own models,so they can finally finish building their product ahead of time, but also have it be profitable earlier,while entering the 3D and 4D format.
Genius is adaptable over different product lines and formats,while LLMs on their own are not.
This year will be interesting,while we wait for them to come to us,which WILL happen.
Either the LLMs partner with Verses,or Verses has to go into building their own computer/phone lines and LLM data centers to get the entire potential out of this product
These are the only two options.
Partnerships/buyouts with/for LLMs are coming.
These are the only two options for both sides.
Which LLMs are going to survive,and which are going to die?
👍️0
scottyb scottyb 3 weeks ago
you tell us
👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
The volume across all three exchanges grows more every day.
At some point,we could start seeing 10 million share days.
The word is getting out,and one particular group is definitely accumulating and driving it up.
Who is it?
👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
Imo,a couple of more news releases will take place very shortly,then a huge capital raise,which is needed before Q2,then a string of news releases that will propel the stock price well over $4.00 US,then they will announce they are making an application for the NASDAQ.
Should be on it by mid-summer.
👍️0
Lokotony Lokotony 3 weeks ago
WHY!?!?!
👍️0
TheBigDT1314 TheBigDT1314 3 weeks ago
I agree - Which is why I am asking for a source but nothing has been provided.
👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
Looking at over $2.00 today.If there was a $5-10-15 million PP coming the stock would have reversed toward the target price by now after this run.
Anybody thinking institutions can't get involved below $5.00 might be forgetting about those that deal penny stocks all the time.
"You help us now,and we'll let in on the big round in the overbought side"
If this run continues,then it's clear they have a group running this up,knowing it's all profit heading towards a NASDAQ listing and a minimum $4.00 price and a big funding round to prop it up coming.
If the goal here is NASDAQ,then they have to run it up to $8-10 to be safe from a selloff when it first starts to trade.
We'll see if this continues or a normal pullback takes place.
The short number is rising,so they're getting this will break,but a lot of news is set to be released,which might break the shorts.
One way or the other,the next week will be interesting to watch this.
You keep expecting this to calm down and reverse some,but it just keeps running.
Nothing says it's not a Blue Chip acquiring through multiple houses,no one knows... It's Germany,US and Canada all at the same time.
👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
The strength of the price move and the volume daily is telling me institutions have been told there is a huge money raise coming and they've been told they'll get a chunk of it if they help push the stock price up ahead of time to get this in position for an uplist.
Because none of this is normal trading.
It's trading in a plan for something forthcoming,and the institutions are involved.
👍️0
scottyb scottyb 3 weeks ago
don’t listen to him he likes to pumpalot
👍️0
TheBigDT1314 TheBigDT1314 3 weeks ago
Them moving over to the NASDAQ would be massive. Do you have the source for them talking about moving up? Curious to know what the expected timeline for that is.
👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
Q2 begins in March...Next week we'll be halfway through January.
Verses has stated that commercialization begins in Q2.
That will require a huge influx of money to get going... personnel,rollout,marketing etc.
They are also looking at uplisting to NASDAQ.They have stated this also.
This requires a stock price run over $4.00,plus contracts with customers and money in the bank.
So,from January 12 to the end of February and on into Q2,there will be a massive amount of lifting and PRs coming out of the company.
That's an extremely short period for a company going into production.
Whoever isn't holding shares now will very shortly be left very far behind.Jmo
👍️0
einstock einstock 3 weeks ago
That is what I have been asking since Mastermind pr.
We should see soon with filings
👍️0
nowwhat2 nowwhat2 3 weeks ago
https://www.allpennystocks.com/specialreportsus/3752/micro-cap-ai-company-outperforms-leading-ai-model-in-code-breaking-game-shares-rallying-on-news

👍️0
robinandthe7hoods robinandthe7hoods 3 weeks ago
Are the funds,which aren't technically supposed to buy on these lower exchanges or below a certain price,the ones scooping up all these shares?
Something definitely outside the box is taking place,ahead of time.
👍️0
crazyflavor crazyflavor 3 weeks ago
Sold all my shares, realized I'm happy to get out at break even and put my money elsewhere. GLTA
👍️ 1
crazyflavor crazyflavor 3 weeks ago
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

👍️ 1
einstock einstock 3 weeks ago
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.
👍️ 3
crazyflavor crazyflavor 3 weeks ago
Hope your right,

But projections are usually not realistic (especially in tech). These are usually way short one way or the other
👍️0
Bandicoot_Inv Bandicoot_Inv 3 weeks ago
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
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robinandthe7hoods robinandthe7hoods 3 weeks ago
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?
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TheBigDT1314 TheBigDT1314 3 weeks ago
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?
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robinandthe7hoods robinandthe7hoods 3 weeks ago
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.
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