18:00:01 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Verses AI Inc
Symbol VERS
Shares Issued 84,520,174
Close 2023-12-20 C$ 1.71
Market Cap C$ 144,529,498
Recent Sedar Documents

Verses AI adds Volvo Car Group to Genius beta program

2023-12-21 09:55 ET - News Release

Mr. Gabriel Rene reports

VOLVO JOINS VERSES GENIUS BETA PROGRAM

Volvo Car Group has joined Verses AI Inc.'s Genius beta program.

The collaboration will entail Volvo testing Genius in applications related to advanced driver assistance and autonomous driving. The goal is to create more intelligent decision-making systems and a safer environment for all drivers on the road. The company believes this strategic move underscores Volvo's proactive approach to testing and implementing innovative solutions with high-impact potential on human and autonomous driving safety.

"We are extremely pleased to have Volvo join our Genius beta program. We believe expanding our relationship to address the challenges related to assisted and autonomous driving safety will have the potential to demonstrate how the standards-based approach and cognitive computing capabilities built into Genius emphasize its relevance to worldwide companies like Volvo and society's need for safer solutions. Creating a safer world reflects the shared objectives of both companies. We very much appreciate that this is a core attribute of Volvo's business model, reputation and culture that we also embrace," said Gabriel Rene, founder and chief executive officer of Verses.

Volvo has been engaged in developing spatial intelligence solutions, and joining the Genius beta program aligns with Volvo's dedication to creating technologies that contribute to safer roads. The company believes that Volvo reinforces its competitive position in automotive safety by actively engaging with solutions such as Genius and sets the stage for the future of intelligent and secure mobility.

About Verses AI Inc.

Verses is a cognitive computing company specializing in biologically inspired distributed intelligence. The company's flagship offering, Genius, is patterned after natural systems and neuroscience. Genius can learn, adapt and interact with the world. Key features of Genius include generalizability, predictive queries, real-time adaptation and an automated computing network. Built on open standards, Genius transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines and artificial intelligence across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature.

© 2024 Canjex Publishing Ltd. All rights reserved.