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. […]