VERSES Announces Approval of Spatial Web Standards
VERSES AI Inc. announced the approval of its Spatial Web standards, the Hyperspace Modeling Language (HSML) and Hyperspace Transaction Protocol (HSTP), by the IEEE Standards Association P2874 working group. CEO Gabriel René highlighted that these standards aim to enhance AI, IoT, and robotics interoperability, potentially becoming as crucial as HTTP or WiFi. VERSES’s product, Genius™, […]
VERSES Recognized in Gartner’s 2024 Hype Cycle for
VERSES AI Inc. has been recognized in Gartner’s 2024 Hype Cycle for Artificial Intelligence, highlighting its innovative First Principles AI (FPAI). CEO Gabriel René expressed honor to be mentioned alongside respected companies like Nvidia. The report categorizes FPAI as “On the rise” and “Transformational,” stating it enhances data efficiency, reduces training time, and boosts model […]
VERSES Promotes James Hendrickson to Chief Operating
VERSES AI Inc., a cognitive computing company, has appointed James Hendrickson as Chief Operating Officer (COO). Previously President and General Manager of VERSES Enterprise, Hendrickson is recognized for his leadership and results-driven approach. CEO Gabriel René highlighted Hendrickson’s experience as crucial for guiding the company’s growth, especially during the upcoming launch of the Genius™ platform. […]
VERSES Announces Corporate Update Webinar
VERSES AI Inc. will hold a corporate update webinar on July 3, 2024, led by CEO Gabriel René, focusing on recent developments and future strategies. Topics will include the state of the AI industry, a strategic investment from G42, the launch of the Genius Platform, and updates on AI benchmarks and Spatial Web Protocol. VERSES […]
VERSES Announces US $10M Investment by G42
VERSES AI Inc. has secured a $10 million investment from Group 42 Holding Ltd (G42), a UAE-based AI technology leader, through a private placement of convertible debentures and warrants. The funding aims to enhance AI development towards smarter, safer, and more sustainable solutions. Each debenture includes a 10% interest rate, maturing in June 2026, convertible […]
VERSES Names Analog CEO Alex Kipman as Strategic Advisor &
VERSES AI Inc. has appointed Alex Kipman, CEO of Analog AI and former Microsoft executive, as a Strategic Advisor. Kipman is recognized for his contributions to mixed reality and AI technologies, notably developing HoloLens. He aims to enhance human experiences through his new company, Analog AI, which focuses on edge computing and smart sensor technology. […]