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Verses AI Inc N.VERS

Alternate Symbol(s):  VRSSF | N.VERS.WT.A | N.VERS.WT.B

VERSES AI Inc. is a Canada-based cognitive computing company specializing in intelligence software systems. The Company is primarily focused on developing an intelligence-as-a-service smart software platform, Genius, through its subsidiary VERSES Technologies USA Inc. (VTU). Its flagship product, Genius, is a toolkit for developers to generate intelligent software agents that enhance existing applications with the ability to reason, plan, and learn. The Genius allows developers to generate world models and intelligent agents that enable optimal and hyper-personalized predictions, recommendations, and automations. The Genius is a world model that stores knowledge in a multidimensional probabilistic vector-graph representation that factors uncertainty into predictions. It generates an ecosystem of many specialized autonomous intelligent agents, each having a shareable world model (like a mental model), that optimize for certainty while seeking balance in the system overall.


NEO:VERS - Post by User

Post by StockHawk1on Jul 25, 2022 7:00pm
102 Views
Post# 34849621

The success for $VERS.n's Wayfinder tech

The success for $VERS.n's Wayfinder tech

VERSES Technologies' (VERS.n) spatial order picking software,  Wayfinder, has been deployed to all eighteen of NRI Distribution Inc.'s North American distribution centers

https://www.verses.io/press-2/verses-expands-deployment-of-smart-logistics-solution-across-nris-global-operations


NRI was VERS' first Wayfinder client. By improving picking, AI reorganizing the slotting of products, and more VERS' tech has nearly doubled the efficiency of NRI’s warehouses.


Employee satisfaction at NRI warehouses has also gone up and turnover has gone down.


All of this has resulted in $8M of annual savings for NRI. With this, VERS is now receiving ~$2.5M/year for their work for a decade. 


VERS.n @ $0.28, MC $18.204M

 
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