VERSES® Partners with Leading Global Investment Firm for Genius™ Beta
30 Janvier 2025 - 2:05PM
VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES" or the
"Company"), a cognitive computing company specializing in
next-generation intelligent agent systems, announces that a leading
global investment firm has joined the Genius beta program with the
intent to mitigate market risk during volatile times, increase
their investment returns, and grow their asset base by navigating
the markets more consistently.
The initial project is expected to
leverage the predictive abilities of Genius to analyze and
determine when the macroeconomic environment is shifting. Regime
identification and switching models act like a financial weather
forecast, helping investment firms anticipate shifts between calm,
stable markets and volatile, high-risk periods—allowing them to
minimize losses, seize opportunities, and make smarter decisions
before the storm hits.
“We believe enabling our partners to
‘get ahead’ of market risks and shift the paradigm from reaction to
prediction has the potential to create significant market advantage
for our customers and across multiple industries,” said Michael
Wadden, VERSES’ Chief Commercial Officer. “We are excited by the
opportunity to work with one of the largest and most
forward-thinking global financial institutions as part of our
Genius beta program. It is important for us to test Genius with
larger enterprise customers and applying more complex use cases
that span across multiple industries such as risk management. We
are thrilled this client selected Genius for this strategic
endeavor.”
About VERSES
VERSES is a cognitive computing
company building next-generation intelligent software systems
modeled after the wisdom and genius of Nature. Designed around
first principles found in science, physics and biology, our
flagship product, Genius, is a suite of tools for machine learning
practitioners to model complex dynamic systems and generate
autonomous intelligent agents that continuously reason, plan, and
learn. Imagine a Smarter World that elevates human potential
through technology inspired by Nature. Learn more
at verses.ai, LinkedIn, and X.
On behalf of the
Company
Gabriel René, Founder & CEO,
VERSES AI Inc.
Press Inquiries:
press@verses.ai
Investor Relations
Inquiries
U.S., Matthew Selinger, Partner,
Integrous Communications, mselinger@integcom.us 415-572-8152
Canada, Leo Karabelas, President,
Focus Communications, info@fcir.ca 416-543-3120
Cautionary Note Regarding
Forward-Looking Statements
When used in this press release, the
words "estimate", "project", "belief", "anticipate", "intend",
"expect", "plan", "predict", "may" or "should" and the negative of
these words or such variations thereon or comparable terminology
are intended to identify forward-looking statements and
information. Although VERSES believes, in light of the experience
of their respective officers and directors, current conditions and
expected future developments and other factors that have been
considered appropriate, that the expectations reflected in the
forward-looking statements and information in this press release
are reasonable, undue reliance should not be placed on them because
the parties can give no assurance that such statements will prove
to be correct. The forward-looking statements and information in
this press release include, among other things, that the initial
project is expected to leverage Genius’ predictive abilities to
analyze and determine when the macro environment is shifting.
There are risks and uncertainties that
may cause actual results to differ materially from those
contemplated in those forward-looking statements and information.
In making the forward-looking statements in this news release, the
Company has applied various material assumptions. By their nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. There are a number of important factors that could
cause VERSES' actual results to differ materially from those
indicated or implied by forward-looking statements and information.
Such factors may include, among other things, that the initial
project will leverage Genius’ predictive abilities to analyze and
determine when the macro environment is shifting. The Company
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of its securities or
its financial or operating results (as applicable).
Additionally, forward-looking
statements involve a variety of known and unknown risks,
uncertainties and other factors which may cause the actual plans,
intentions, activities, results, performance or achievements of the
Company to be materially different from any future plans,
intentions, activities, results, performance or achievements
expressed or implied by such forward-looking statements. Such risks
include, without limitation: the initial project will not
successfully leverage Genius’ predictive abilities to analyze and
determine when the macro environment is shifting as expected by
management or at all. VERSES cautions that the foregoing list of
material factors is not exhaustive. When relying on VERSES’
forward-looking statements and information to make decisions,
investors and others should carefully consider the foregoing
factors and other uncertainties and potential events. VERSES has
assumed that the material factors referred to in the previous
paragraph will not cause such forward-looking statements and
information to differ materially from actual results or events.
However, the list of these factors is not exhaustive and is subject
to change and there can be no assurance that such assumptions will
reflect the actual outcome of such items or factors. The
forward-looking information contained in this press release
represents the expectations of VERSES as of the date of this press
release and, accordingly, are subject to change after such date.
VERSES does not undertake to update this information at any
particular time except as required in accordance with applicable
laws.
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