News Brief: VERSES AI Inc.

News Brief: VERSES AI Inc.

Tuesday, November 28, 2023

Vancouver, British Columbia based VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) announced the filing of a provisional patent application representing an innovative method for “Knowledge Expansion” in next-generation artificial intelligence systems.

According  to the release, artificial intelligence is becoming increasingly ubiquitous and has impacted virtually every industry, yet it is largely employed to generate content – images and words – based on massive amounts of data. However, once trained, these models cannot be incrementally updated. VERSES Knowledge Expander enables intelligent systems to continuously learn and adapt in real-time by emulating the encoding processes of the human brain. The Company believes this technology could potentially replace the current state-of-the-art approach to artificial intelligence.

“We believe that knowledge expansion is the key to enabling dynamic models, allowing agents to adapt to a changing world. It is the essence of artificial general intelligence,” said Gabriel René, founder and CEO of VERSES.

VERSES AI is a cognitive computing company specializing in biologically inspired distributed intelligence. Our flagship offering, Genius™, is patterned after natural systems and neuroscience.  

Shares are trading off 3 cents at $0.95

Industry Competitors: Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Meta Platforms (NASDAQ: META) and Advanced Micro Devices (NASDAQ: AMD)


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