Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading AI-powered education group, today announced
the launch of Singapore Genius City, the Company’s first Sovereign
AI Education Ecosystem delivering end-to-end AI Education and
Acceleration courses to students, entrepreneurs, businesses and
institutions.
Genius Group will host its AI launch event and
AI courses in Singapore’s Central Business District at Genius
Central Singapore, a combined event venue, classroom, co-working
space, bar and cafe based in China Square. Courses are also
available online via the Company’s Edtech Platform GeniusU, with
all students building their personalized teams of AI Avatars and AI
Assistants with Genius Team AI.
Roger Hamilton, CEO of Genius Group said
“Singapore has been a role model for cities seeking to build AI
competitiveness, with the publication of its National AI Strategy
2.0, the launch of the AI Trailblazers Initiative with Google
creating over 100 AI projects, the announcement of its S$1 billion
funding for AI investments and its commitment to triple the AI
talent pool all taking place in the last nine months.”
“We’re excited to be a part of this
education-based focus on AI. Our Genius City Singapore launch this
April is being followed in May with the launch of Genius City Dubai
and Genius City Abu Dhabi. With the continued acceleration of AI
and the demand for AI programs, we have also accelerated our own
timelines. We are launching our Genius City Model and City Leader
positions at our upcoming GeniusU Partner Conference on 24th April
and we look forward to announcing the next ten Genius Cities to be
launched in 2024 in the coming months.”
The Company’s Genius City model is a ‘high tech,
high touch’ education-centered model, aimed at upskilling students,
entrepreneurs, businesses and government institutions with the
latest AI tools and exponential technologies to equip them for the
future of work. Genius City Singapore is launching with the
following four stage roadmap launching over the coming twelve
months:
Foundation / PREP: In the next
two months the Genius City team, based at Genius Central Singapore,
is forming partnerships with local government, education and
industry groups. In Singapore this includes the education
organizations delivering AI courses as part of the Governments
SkillsFuture Fund. The Singapore Government’s 2024 Budget includes
the SkillsFuture Mid-Career Training Allowance for Singaporeans
aged 40 and above to reskill for the future of work, including with
AI skills. Skillsfuture funds citizens with a monthly training
allowance equal to their average income, up to S$3,000 per
citizen.
Phase One / SEED: From June
2024, Genius City Singapore is launching a series of AI events
including the ExO Executive Program for 100 business leaders to
learn the fundamentals of building an Exponential Organization.
This program is in partnership with OpenExO, which recently
announced the signing of a merger with Genius Group. In addition,
AI Workshops are being held for students and entrepreneurs, with
free AI courses from Nvidia, Google and Microsoft facilitated at
Genius Central Singapore.
Phase Two / LAUNCH: In
September 2024, Genius City Singapore will be launching the AI
Summit, ExO AI Accelerator and AI Certification Programs, together
with corporate AI sprints for companies seeking to build
entrepreneurial and AI skills throughout their organization. The
Genius Awards will also be launched in Singapore to highlight the
students, entrepreneurs, businesses and government departments that
are the best examples of integrating human intelligence with
artificial intelligence.
Phase Three / SCALE: In 2025,
Genius City Singapore will launch its full suite of AI Peer
Intelligence tools and Sovereign AI Cloud, for the growing
ecosystem of AI enabled leaders and organizations to manage their
data and share their expertise. These will be delivered initially
to the early adopters, in partnership with FatBrain AI, the AI SaaS
and Solutions company that recently joined Genius Group.
This launch in Singapore is the first of the
Company’s Genius Cities. Genius Group has an ambition of launching
100 Genius Cities in the next five years, with a target to educate
and impact one million students, entrepreneurs and enterprises
within each city.
About Genius Group
Genius Group is a leading AI-powered education
group, with a mission to disrupt the current education model with a
student-centered, life-long learning curriculum that prepares
students with the leadership, entrepreneurial and life skills to
succeed. Through its learning platform, GeniusU, the Genius Group
has a member base of 5.4 million users in 200 countries, ranging
from early age to 100.
For more information, please visit
https://www.geniusgroup.net/
Investor Notice
Investing in our securities involves a high
degree of risk. Before making an investment decision, you should
carefully consider the risks, uncertainties and forward-looking
statements described in our most recent Annual Report on Form 20-F,
as amended for the fiscal year ended December 31, 2022, filed with
the SEC on June 6, 2023 and August 3, 2023. If any of these risks
were to occur, our business, financial condition or results of
operations would likely suffer. In that event, the value of our
securities could decline, and you could lose part or all of
your investment. The risks and uncertainties we describe are not
the only ones facing us. Additional risks not presently known to us
or that we currently deem immaterial may also impair our business
operations. In addition, our past financial performance may not be
a reliable indicator of future performance, and historical trends
should not be used to anticipate results in the future. See
"Forward-Looking Statements" below.
Forward-Looking Statements
Statements made in this press release include
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements can be
identified by the use of words such as “may,” “will”, “plan,”
“should,” “expect,” “anticipate,” “estimate,” “continue,” or
comparable terminology. Such forward-looking statements are
inherently subject to certain risks, trends and uncertainties, many
of which the Company cannot predict with accuracy and some of which
the Company might not even anticipate and involve factors that may
cause actual results to differ materially from those projected or
suggested. Readers are cautioned not to place undue reliance on
these forward-looking statements and are advised to consider the
factors listed above together with the additional factors under the
heading “Risk Factors” in the Company's Annual Reports on Form
20-F, as may be supplemented or amended by the Company's Reports of
a Foreign Private Issuer on Form 6-K. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events, new information or
otherwise.
ContactsUS Investors:Dave GentryRedChip
Companies Inc1-800-RED-CHIPGNS@redchip.com
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