Company Description
VERSES AI Inc. (OTCQB: VRSSF), referenced on this page under the symbol VRSSD, is described in its public communications as a cognitive computing company focused on next-generation agentic software systems. The company repeatedly characterizes its work as being modeled after the wisdom and genius of Nature and designed around first principles found in science, physics and biology. VERSES positions its technology as enabling systems that can generate reliable, domain-specific predictions and decisions under conditions of uncertainty.
In multiple news releases, VERSES highlights its flagship product, Genius™, which it describes as an agentic enterprise intelligence platformlearn and adapt to different problem spaces and operate across a variety of industries. VERSES frequently frames its long-term vision as imagining a "Smarter World" that elevates human potential through technology inspired by Nature.
Business focus and technology approach
VERSES describes itself as specializing in agentic software systems, including references to intelligent agentic systems and agentic enterprise intelligence. In its disclosures, the company emphasizes concepts such as world models, active inference, and Spatial AI. VERSES states that it is building systems that rely on computational representations of real-world environments (world models) to anticipate future states and make predictions based on historical and live data.
The company also refers to its work in Spatial Computing and the Spatial Web. In one report citation, Spatial computing is described as combining physical and digital objects in a shared frame of reference, involving spatial mapping and identification of people, places, and things as a foundation for anchoring digital content. VERSES notes that it participated in the IEEE Spatial Web Working Group and intends to implement Spatial AI by supporting standards such as HSML and HSTP in its product Genius.
Flagship product: Genius™
Across several news releases, VERSES identifies Genius™ as its flagship offering. The company describes Genius as an agentic enterprise intelligence platform designed to:
- Generate reliable domain-specific predictions
- Support decisions under uncertainty
- Enable agentic systems that can learn and adapt to different problem spaces
VERSES has publicly discussed early Genius adoption across a range of use cases. It lists initial customer engagements in areas such as media mix strategy, resource scheduling, project and workforce scheduling, product recommendations, custom motor design, biodiversity monitoring, public-private decision intelligence, customer and credit risk modeling, predictive risk analysis, predictive maintenance, and expert drilling assistance. These examples are presented by the company as illustrations of the breadth of problem domains where it believes agentic intelligence can be applied.
Research, patents, and robotics
VERSES highlights a strong research orientation in its communications. It has announced a U.S. patent titled “A Method and System for Specifying an Active Inference based agent using Natural Language”. The company states that this patent presents a novel approach for designing domain models that is intended to enable software agents to generate predictions and carry out domain-specific tasks, and that it allows domain models to be expressed in natural language so enterprises can design intelligent agents that are both powerful and accessible.
In addition, VERSES has described a robotics architecture based on its active inference and world-modeling work. According to the company, this architecture enables robots to perform tasks such as tidying a room, preparing groceries, and setting a table without pre-training, and to adapt to new environments by exploring and using an internal model of how the world works. VERSES outlines a three-part model structure consisting of vision, planning, and control, and reports comparative performance metrics against a deep learning baseline on long-horizon rearrangement tasks.
Engagement with the Active Inference and Spatial AI communities
VERSES reports active involvement in the broader Active Inference and Spatial AI communities. It has sponsored the International Workshop on Active Inference (IWAI), describing it as an annual gathering of researchers, practitioners, and students focused on Active Inference and related fields. VERSES notes that its researchers have contributed multiple papers and posters covering topics including robotics, machine vision, multi-agent cooperation, and self-organizing systems.
The company also highlights recognition in the Gartner Emerging Tech Impact Radar: Spatial AI, where it is cited as a sample vendor for World Models and Spatial Computing use cases. VERSES connects this recognition to its belief that the Spatial Web, where digital and physical systems converge, is important infrastructure for real-world intelligence.
Commercial relationships and use cases
In its own updates, VERSES describes commercial engagements that use Genius for a variety of applications. It mentions working with a major global investment firm to develop an active inference causal model of financial markets aimed at improving asset allocation decisions. The company states that this work leverages Genius capabilities for data ingestion, preparation, model creation, and deployment, with the goal of improving financial metrics such as drawdown and volatility.
VERSES also lists relationships with systems integrators, technology solution companies, and consulting firms that serve large enterprise and industrial clients. Among the entities it names as customers or resellers are Algo8, Analog, Kaylosys, Prodigii, AI Driller, and Soothsayer Analytics. These relationships are presented as part of the company’s approach to bringing its agentic intelligence platform into diverse industrial and enterprise environments.
Capital markets and financing activities
VERSES’ news releases describe several financing transactions. The company has announced a non-brokered private placement of secured convertible debenture units, with each unit consisting of a principal amount of secured convertible debentures and detachable share purchase warrants. The debentures are described as being convertible into Class A Subordinate Voting Shares at a specified conversion price, with warrants exercisable at a stated price for a defined term. VERSES notes that the debentures bear interest, are secured by a first-ranking security interest over its property and assets, and that the proceeds are intended for general working capital purposes.
In a separate financing arrangement, VERSES has described a non-brokered private placement with an institutional investor, involving units composed of one Class A subordinated voting share and one half warrant. The company explains that it expects to receive multiple tranches under a sharing agreement, with tranche amounts calculated based on a benchmark price and a trailing value-weighted average price. VERSES states that the net proceeds are intended for working capital and general corporate purposes.
In both cases, the company emphasizes that the securities offered were not registered under the U.S. Securities Act and could not be offered or sold in the United States without registration or an applicable exemption, and that the offerings are subject to applicable securities legislation and exchange approvals.
Regulatory reporting
VERSES has announced the filing of a Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission for a specified period. In its commentary, the company refers to cost management, the early stages of scaling and commercializing Genius, and the first revenue generated by Genius following its launch. The company directs readers to the SEC’s website for access to the full filing.
Board and leadership developments
In its corporate governance updates, VERSES has reported the appointment of a new member to its board of directors, describing that individual’s prior leadership roles at technology and communications companies, as well as academic and board experience. The company also notes the departure of a previous board member and frames the board change as part of preparation for a new phase of commercialization and growth. These details are presented as part of the company’s own news releases and reflect its view of the expertise it seeks at the board level.
Positioning within AI and cognitive computing
Across its communications, VERSES consistently uses terms such as cognitive computing, agentic software systems, Active Inference, world models, Spatial Computing, and the Spatial Web to describe its focus. The company’s stated aim is to build systems that can reason about and act in complex, real-world environments by combining principles from science, physics, and biology with computational models of the world. Investors and observers reviewing the VRSSD symbol can use these descriptions to understand how VERSES characterizes its business and technology orientation.
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No SEC filings available for VERSES AI.