VERSES Announces Conversion of Analog to Genius Enterprise after successful UAE Pilot

Rhea-AI Summary

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.

Positive

• Successful pilot demonstrated 32% increase in completed rides
• Potential US$16 million annual revenue increase for fleet operators with 400 vehicles
• Expansion into higher-value Smart City projects including energy, robotics, and edge-AI
• Strategic integration with Analog's secure edge infrastructure in UAE
• Partnership targets billions of dollars being invested in smart cities market

Negative

• None.

Parties intend to expand Genius into Smart City projects for energy, urban robotics, and edge-AI projects

VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next-generation agentic software systems, announces that following a successful smart cities mobility pilot with Analog, a physical intelligence company founded by technologist Alex Kipman, the companies intend to expand their collaborative work on smart cities projects, with Analog’s conversion to an Genius Enterprise license.

Genius, VERSES’ Agentic Intelligence engine, analyzed historical ride-sharing and traffic data from two major international cities, and used it to improve fleet operational efficiency across a simulation of the cities. Changing traffic conditions and fluctuating demand create a constantly evolving challenge. In the pilot, Genius demonstrated up to a 32% increase in completed rides. The results indicated that a single fleet operator, working with only 400 active vehicles on a two-shift model, could use Genius to increase revenues by US$16 million annually.

By recommending fleet management strategies, the Genius orchestration algorithm enabled drivers to complete more trips while reducing empty mileage and idle time, increasing profit margins and reducing costs.

With the pilot complete, VERSES and Analog plan to pursue a series of new projects that apply Genius agents and their individual agent and multi agent fleet orchestration capabilities to higher-value, Smart City projects; urban challenges, from energy management and logistics to autonomous inspection robots and city-scale sensor fusion, which takes data from multiple sensors to create more accurate, reliable, and useful multidimensional models of city areas. The expanded collaboration will enable Genius to be hosted natively inside Analog’s secure edge infrastructure, allowing near-real-time decisions on the ground while maintaining full data control and showcasing Genius’ ability to be locally hosted in the UAE for local testing and deployment.

Alex Kipman, Founder & CEO of Analog, said, “At Analog, we believe intelligence is about adapting, evolving, and seamlessly integrating into the fabric of everyday life. Genius didn’t just prove it could handle complexity—it showed us it could anticipate and creatively respond to real-world challenges. By embedding Genius Enterprise as a component of our solutions, we’re crafting the nervous system of tomorrow’s cities: intelligent, intuitive, and human-centric.”

Gabriel René, Founder & CEO of VERSES said “Billions of dollars are being invested in smart cities, led by the Middle East. And Analog is driving this progress. Fleets of autonomous cars, sensors, drones and robotics, as well as energy in a smart grid, will all need to be dispatched and coordinated, and current AI solutions simply fall short. This pilot shows the potential value that Analog, powered by Genius, can bring to the UAE and Smart Cities worldwide.”

About VERSES
VERSES^® is a cognitive computing company focused on building next-generation intelligent software systems modelled after the wisdom and genius of nature. Designed around first principles found in science, physics and biology, the Company’s flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Learn more at verses.ai, LinkedIn and X.

About Analog
Analog is a physical intelligence company headquartered in Abu Dhabi, building at the frontier of adaptive intelligence, edge computing, and mixed reality experiences. Founded in 2024, Analog exists to create a future without limits, where technology deepens human connection, expands possibility, and reimagines what is achievable. Guided by a human-first ethos, Analog designs systems that are not only intelligent but instinctive, merging digital and physical, functional and emotional. From hospitals to homes, from cities to simulations, we build technologies that listen, learn, and empower so that people can lead with purpose and progress can feel personal. For more information visit Analog.io and follow on X: Analogai_ Instagram: Analogai_ LinkedIn: Analog-ai  

Note to editors

1. The full legal name of Analog is Analog Technologies LLC
   

On behalf of the Company
Gabriel René, Founder & CEO, VERSES AI Inc.
Press Inquiries: press@verses.ai
Investor Relations Inquiries
James Christodoulou, Chief Financial Officer
IR@verses.ai, +1(212)970-8889

Cautionary Note Regarding Forward-Looking Statements
This news release contains statements which constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the potential operational efficiencies predicted by Genius’ taxi simulation; plans for future projects with Analog and the anticipated results of such projects; the planned integration of Genius into Analog’s systems; and other statements that are not historical facts.

The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the operational strategies predicted by Genius’ taxi simulation would also be effective in real-world scenarios; that the plans for future projects with Analog will proceed as anticipated, that the results of such future projects will be positive, and that Genius will successfully integrate into Analog’s systems. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, as highlighted above, risks that the operational strategies predicted by Genius’ taxi simulation may not be effective in real-world scenarios; that the plans for future projects with Analog may not proceed as anticipated, or at all; that the results of such future projects may not be positive; and that Genius may not successfully integrate into Analog’s systems. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.

The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

FAQ

What results did VERSES AI's Genius pilot with Analog achieve?

The pilot demonstrated a 32% increase in completed rides and showed potential for US$16 million annual revenue increase for fleet operators with 400 vehicles on a two-shift model.

How will VERSES AI (VRSSF) expand its partnership with Analog?

They will expand into higher-value Smart City projects, including energy management, logistics, autonomous inspection robots, and city-scale sensor fusion, with Genius being hosted in Analog's secure edge infrastructure.

What is the significance of VERSES' Genius Enterprise license for smart cities?

The license will enable coordination of autonomous vehicles, sensors, drones, robotics, and smart grid systems in smart cities, particularly targeting the growing Middle East market.

How does VERSES AI's Genius technology improve fleet management?

Genius optimizes fleet management by recommending strategies that enable drivers to complete more trips while reducing empty mileage and idle time, increasing profit margins and reducing costs.

What are the key features of VERSES AI's integration with Analog in the UAE?

The integration allows Genius to be hosted natively in Analog's secure edge infrastructure, enabling near real-time decisions while maintaining full data control for local testing and deployment.