Electrovaya Reports Q1 Fiscal Year 2025 Results
Electrovaya Inc. reported Q1 2025 revenue of $11.2 million, with a positive Adjusted EBITDA for the seventh consecutive quarter. The company has strengthened its balance sheet, improved working capital to $12.6 million, and maintained a gross margin of 30.5%. Significant financing progress includes a $50.8 million direct loan approval from EXIM and a $12.8 million […]
VERSES® Announces Fireside Chat with Chief Scientist
VERSES AI Inc., a cognitive computing company, will host a webinar titled “Intelligence in the Age of Agents” on February 13, 2025. The discussion will feature Chief Scientist Karl Friston and CEO Gabriel René, moderated by neuroscientist Olivier Oullier. Topics will include the capabilities of Genius™, a system outperforming traditional AI, the exploration of Artificial […]
VERSES® Genius™ Outperforms DeepSeek R1 Model in
VERSES AI Inc. announced that its product, Genius, outperformed China’s DeepSeek R1 model in the Mastermind code-breaking game challenge. Genius achieved a 100% success rate, solving the game significantly faster (245 times quicker) and cheaper (779 times less expensive) than DeepSeek. The test highlighted Genius’s advanced capabilities in multi-step reasoning and dynamic adaptation, with a […]
New Zealand Government Releases Critical Minerals List, Highlighting Gold and Antimony; RUA GOLD Offers Exploration Update on Reefton Project’s Significant Antimony Potential
New Zealand Government Publishes Its Critical Minerals List – Naming Gold and Antimony. RUA GOLD Provides Exploration Update on the Reefton Project’s Extensive Antimony Potential Vancouver, British Columbia–(Newsfile Corp. – February 3, 2025) – Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) (“RUA GOLD” or the “Company“) executives attended the launch event for the Minerals […]
Electrovaya Announces date for Q1-2025 Financial Results & Conference Call
Electrovaya Inc. (Nasdaq: ELVA, TSX: ELVA) will release its first quarter financial results for the period ending December 31, 2024, on February 13, 2025, after market close. A conference call, led by CEO Dr. Raj DasGupta and CFO John Gibson, will take place at 5:00 p.m. EST to discuss the results and provide business updates. […]
VERSES® Partners with Leading Global Investment Firm for
VERSES AI Inc. announced that a prominent global investment firm has joined its Genius beta program to mitigate market risks and enhance returns during volatile periods. The program aims to utilize Genius’s predictive capabilities for macroeconomic analysis, identifying market regime shifts to allow firms to minimize losses and seize opportunities. Michael Wadden, VERSES’ Chief Commercial […]
VERSES® Partners with Top Australian Telecom for Genius™
VERSES AI Inc. has partnered with a leading Australian telecommunications company in its Genius beta program to tackle global issues of telecom fraud, which cost $38.95 billion in 2023. The collaboration aims to address the prevalent issue of fraudulent access despite advances in multi-factor authentication. Michael Wadden, VERSES Chief Commercial Officer, highlighted Genius’s ability to […]
Rua Gold Identifies Two Significant Gold-Bearing Structures on Glamorgan Project
RUA GOLD reports two major gold bearing structures identified on its Glamorgan Project – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) (“RUA GOLD” or the “Company“) is pleased to provide an update following the completion of the first phase of surface exploration on its Glamorgan epithermal gold prospect in the Hauraki […]
VERSES Genius™ Agent Outperforms Leading AI Algorithms at
VERSES AI Inc. has announced preliminary results of its “Atari 100K Challenge” variant, demonstrating that its GeniusTM toolkit enables software agents to learn gameplay using 90% less data than traditional Deep Reinforcement Learning (DRL) and Transformer algorithms. This approach improves efficiency in complex dynamic systems, predicting outcomes and optimizing actions in various Atari games. The […]
Tactical Resources Corp. Announces Closing of Debenture
Tactical Resources Corp. (TSXV: RARE) announced a non-brokered private placement of $500,000 in unsecured convertible debentures with a maturity date of January 21, 2027. The debentures can be converted into units at $0.20 each, with each unit comprising one common share and one purchase warrant. The debentures carry a 10% annual interest rate, payable at […]