VERSES AI INC Stock Price, News & Analysis

VERSES AI (OTCQB: VRSSF) released a shareholder update letter highlighting significant developments in their cognitive computing technology. The company recently unveiled AXIOM, claimed to be the world's first digital brain, which integrates modules for vision, memory, prediction, and reasoning. The company's approach is based on neuroscience principles of 'active inference' under the guidance of Chief Scientist Karl Friston.

VERSES has begun commercializing its technology through Genius™, their enterprise product launched in April. Notable achievements include an enterprise agreement with a major financial institution and a successful pilot with Analog showing up to 32% performance improvement in fleet management. The company is also making strides in robotics, developing solutions for robots to handle unexpected real-world challenges without training.

VERSES AI (OTCQB:VRSSF) has been featured in IEEE Spectrum, the flagship publication of IEEE, showcasing the company's Spatial Web standards and use cases. The article, co-authored by CEO Gabriel René, presents five key applications of the Spatial Web technology including energy-saving home agents, autonomous vehicle coordination, drone navigation, agricultural supply chain optimization, and NASA lunar rover simulations.

The feature highlights how VERSES' Genius™ product can leverage these standards to interconnect various physical devices, including phones, wearables, robots, drones, and AI agents, potentially enabling faster development, deployment, and reduced integration costs for customers.

VERSES AI (OTCQB:VRSSF) has announced a corporate update webinar scheduled for July 29th at 9:30 AM Pacific Time. The webinar will feature Co-Founder and CEO Gabriel René and President James Hendrickson, who will provide updates on the company's Genius™ platform for intelligent software agents.

The presentation will cover the company's business strategy, recent developments, and future roadmap. Additionally, VERSES has announced that its ticker symbol has reverted to VRSSF on the OTCQB following a temporary change.

VERSES AI (OTCQB: VRSSD) has achieved significant recognition by being included in Gartner's Hype Cycle for Artificial Intelligence, 2025 as a Sample Vendor. The company, which specializes in cognitive computing and agentic software systems, has also been recognized in separate Gartner reports for Spatial Computing and Active Inference.

VERSES is one of six companies listed in the First Principles AI category. CEO Gabriel René highlighted that their Genius™ platform is specifically designed to address enterprise demands for reliable domain-specific models, contrasting with current unreliable and unexplainable AI systems.

VERSES AI (OTCQB:VRSSD) has successfully completed its public offering, raising C$9.57 million (US$7.00 million) through the sale of 1,007,764 units at C$9.50 (US$6.946) per unit. Each unit consists of one Class A Subordinate Voting Share and half a warrant, with each full warrant exercisable at C$11.50 for 36 months.

The offering was led by A.G.P. Canada Investments ULC and A.G.P./Alliance Global Partners. The company paid C$450,000 in cash commissions and issued 35,271 compensation warrants to the agents. Additionally, a financial advisor received US$250,000 (C$341,904) and 75,000 corporate finance fee warrants.

The proceeds will be used to strengthen VERSES' financial position, fund research and development objectives, and provide working capital for general corporate purposes.

VERSES AI Inc. (OTCQB: VRSSD) has announced the pricing of its public offering of 1,007,764 units at US$6.946 (C$9.50) per unit, aiming to raise gross proceeds of US$7,000,331 (C$9,573,758).

Each unit consists of one Class A subordinate voting share and one-half of a share purchase warrant. Each whole warrant will be exercisable at US$8.409 (C$11.50) per share for 36 months. A.G.P. Canada Investments ULC is serving as lead agent, with A.G.P./Alliance Global Partners acting as U.S. agent.

The proceeds will be used to strengthen the company's financial position, fund research and development objectives, and provide working capital for general corporate purposes.

VERSES AI Inc. (OTCQB: VRSSD) has announced plans for a public offering of securities. The offering will be conducted on a reasonable best-efforts basis through lead agent A.G.P. Canada Investments ULC and U.S. agent A.G.P./Alliance Global Partners.

The company will file a preliminary and final prospectus supplement to its existing base shelf prospectus in Canadian provinces and territories (except Québec) and with the SEC. The specific terms, including pricing and securities to be offered, will be determined at pricing. The offering's completion is subject to market conditions and regulatory approvals, including CBOE approval.

VERSES AI (OTCQB: VRSSD) has been featured in Psychology Today, highlighting its innovative Genius™ cognitive computing model. The article, authored by Distinguished Fellow of the American Psychiatric Association Dr. Grant Hilary Brenner, emphasizes how VERSES' approach differs fundamentally from traditional Large Language Models (LLMs).

The Genius model, developed by computational psychiatrist Karl Friston and team, is specifically designed to mimic natural intelligence with built-in motivational systems that drive exploration, information seeking, and world model refinement. The technology aims to advance understanding of artificial consciousness through affective neuroscience.

VERSES AI (CBOE: VERS, OTCQB: VRSSD) has secured Algo8 as a new enterprise customer for its Genius platform. Algo8, an industrial AI company serving Fortune 500 and Global 2000 clients like Vedanta, Jindal Steel & Power, and Tata, will integrate Genius into their PlantBrain™ platform to enhance predictive capabilities.

The partnership aims to implement advanced features including predictive maintenance, demand forecasting, production planning, and energy optimization. Algo8 will also become a certified Genius reseller, expanding VERSES' market reach in industrial applications across energy, metals, automotive, healthcare, insurance, and pharmaceuticals sectors.