VERSES AI INC Stock Price, News & Analysis

VERSES AI announced that Analog, a physical intelligence company, will convert to a Genius Enterprise license following a successful smart cities mobility pilot. The pilot demonstrated Genius' ability to optimize ride-sharing fleet operations, achieving a 32% increase in completed rides. For a fleet of 400 vehicles on a two-shift model, this could translate to US$16 million in annual revenue increase. The collaboration will expand to include higher-value Smart City projects, focusing on energy management, logistics, autonomous inspection robots, and city-scale sensor fusion. Notably, Genius will be hosted within Analog's secure edge infrastructure in the UAE, enabling real-time decision-making while maintaining data control. This partnership aims to address the growing smart cities market, particularly in the Middle East, where Genius will help coordinate autonomous vehicles, sensors, drones, robotics, and smart grid systems.

VERSES AI's AXIOM digital brain architecture has garnered significant attention from major tech publications and industry experts. WIRED featured AXIOM as a novel alternative to traditional neural networks, highlighting its efficiency in video-game environments. François Chollet, creator of the ARC-AGI benchmark, praised AXIOM's original approach and its use of active inference. On the Gameworld 10K benchmark, AXIOM demonstrated superior performance, outperforming Google DeepMind's DreamerV3 by 60%, using 99% less compute power, and learning 39 times faster. Popular Mechanics featured AXIOM-powered Genius agents, emphasizing their ability to operate on minimal power and potential to redefine artificial intelligence. The recognition from these publications and industry experts positions VERSES as a potential leader in developing human-level AI through their innovative cognitive computing approach.

VERSES AI (VRSSF) has appointed Dr. David Bray as Chair of its newly formed Strategic Advisory Council. Dr. Bray, a distinguished expert in AI, data, and cybersecurity, was named among the "Top 24 Americans Changing the World" by Business Insider. His extensive experience includes executive roles in government, academia, and industry, leading bipartisan commissions on AI and emerging technologies. Dr. Bray previously served as IT Chief for Bioterrorism Preparedness, CIO of the FCC, and Senior National Intelligence Service Executive. As Strategic Advisory Chair, he will help assemble experts across industry, policy, and technology to accelerate VERSES' growth and market adoption of its Genius platform, an agentic enterprise intelligence system designed to generate domain-specific predictions under uncertainty.

VERSES AI (VRSSF) has achieved a significant milestone as a major global investment firm upgrades from the Genius beta program to a full enterprise contract. The transition follows successful validation of the Genius beta in early 2025, leading to a renewable enterprise license with unlimited inferences. The agreement includes provisions for outcome-based pricing after an initial fixed payment period. Genius, VERSES' cognitive computing solution utilizing active inference models, is positioned as an alternative to conventional AI systems, particularly for complex reasoning tasks. This enterprise conversion represents a key validation of Genius' capabilities and marks an important step in VERSES' commercial expansion into the financial sector.

VERSES AI (VRSSF) announces IEEE's final approval of P2874 Spatial Web standards, designed to enable interoperability between AI systems, agents, robotics, and IoT devices. The standards, developed over five years by approximately 300 working group participants, include Hyperspace Modeling Language (HSML) for shared multidimensional vocabulary and Hyperspace Transaction Protocol (HSTP) for encoding permissions and policies. VERSES plans to implement these standards in its Genius product, aiming to be the first commercial application. The standards are expected to facilitate secure communication, reduce development time, lower integration costs, and provide a framework for safe AI system interactions, similar to how Wi-Fi and Bluetooth standards revolutionized device connectivity.

VERSES AI Inc. (VRSSF) has announced groundbreaking results for its AXIOM digital brain architecture, outperforming Google DeepMind's DreamerV3 in the Gameworld 10k benchmark. Led by renowned neuroscientist Karl Friston, AXIOM demonstrated superior performance across multiple metrics: 60% better gameplay, 7.6x more sample efficiency, 39x faster GPU runtime, 12x cheaper operation, and a 400x smaller model size. The biomimetic system, which mirrors human brain structure, achieved these results without using traditional neural networks or backpropagation. Third-party validation by Soothsayer Analytics confirmed AXIOM's significant advantages, with the research submitted to arXiv. The company plans to integrate AXIOM into its Genius platform, targeting enterprise applications that require efficient, trustworthy AI solutions deployable on edge devices.

VERSES AI (CBOE: VERS, OTCQB: VRSSF) has launched its inaugural monthly newsletter, highlighting significant company developments. The company recently launched Genius™, its enterprise AI platform, on April 30th, 2025, targeting machine learning and data science professionals. The platform offers domain-specific models for predictive decision-making across various sectors including telecom, logistics, and healthcare. A notable use case demonstrates Genius's potential in diabetes management through intelligent insulin delivery optimization. The company reported substantial research progress, with multiple papers accepted at prestigious conferences and publications. Key corporate updates include the promotion of Lori Pike to VP of Engineering, Tim Bellay to Director of Product, James Hendrickson to President and COO, and the appointment of James Christodoulou as CFO. VERSES recently completed a US$7.9 million public offering and is preparing for a planned NASDAQ uplisting.

VERSES has officially launched its flagship product Genius, a cognitive computing solution designed for enterprise-level Agentic Intelligence. The commercial launch marks VERSES' transition from research-led to revenue-driven operations.

The company is introducing flexible pricing models, including consumption-based, performance-based, and enterprise licenses. Genius targets machine learning and data science professionals, offering enhanced features such as intelligent agents, a model editor, APIs, and a developer portal.

Key highlights:

• Thousands of developers already on waitlist
• Beta partners include companies in financial services, healthcare, consulting, and software development
• Designed to solve domain-specific enterprise challenges
• Features include modeling wizard for building, validating, and training models
• Focuses on solving problems involving ambiguity, novelty, or uncertainty

The launch aligns with Gartner's prediction that 50% of AI models will be domain-specific by 2027.

VERSES AI has successfully closed its public offering, raising US$7.9 million (C$11.0 million) through the sale of 2,750,000 units at US$2.88 (C$4.00) per unit. Each unit includes one Class A Subordinate Voting Share and half a share purchase warrant.

Key highlights:

• Each warrant allows purchase of one share at US$3.60 (C$5.00) within 36 months
• The offering was led by A.G.P. Canada Investments ULC, Clear Street LLC, and A.G.P./Alliance Global Partners
• Agents receive up to 7% cash commission and 3.5% compensation warrants, reduced to 2% for company-identified subscribers

The funds will strengthen VERSES' financial position, supporting:

• Research and development initiatives
• Working capital needs
• General corporate purposes

The company's shares trade on Cboe Canada (VERS) and OTCQB (VRSSF).