Verses AI Inc N.VERS

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

Information Technology Services

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.

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Verses AI Inc

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Post by StockHawk1on Aug 31, 2022 5:40pm

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Post# 34933845

VERS raises almost $15M from PP

VERSES Technologies (VERS.n) has completed the 3rd and final tranche of its private placement for $4,220,030 gross with insiders buying 12,280 units.

All three tranches of the PP grossed VERS just under $15M, so VERS should be cashed up for the quarters to come

https://www.globenewswire.com/news-release/2022/08/29/2505906/0/en/VERSES-Announces-Closing-of-Final-Tranche-of-its-Oversubscribed-Private-Placement-Bringing-Total-Gross-Proceeds-to-C-14-957-030.html

VERS @ $0.91

MC $44.445M

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