Verses AI Inc (QB) (VRSSF) News

When Tobin Smith talked to Gabriel Rene near the end of October,he was told the results of all 26 Atari games would be released,not just one game.
I doubt Rene would lie to a well-known newsletter writer with wide appeal and who put $100,000 of his own money in the stock.
So, the rest of the results should be forthcoming any time,whatever they are.
A newsletter writer could be the death knell for a small company trying to attract investors.
The 3rd week of January will see something coming out,imo.
All the holidays will be over,an
d Rene is calling Q2 for public release of Genius,which begins in March.
They will need a huge money raise to get it done,along with marketing.

what du you mean no nmention of vrssf

Dare we dream a little dream...............
https://www.reuters.com/technology/artificial-intelligence/microsoft-works-add-non-openai-models-into-365-copilot-products-sources-say-2024-12-23/

Dec. 23, 2024 VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) a cognitive computing company specializing in next-generation intelligent systems, announces that the Company has extended its exclusive contract with Professor Karl Friston, acclaimed neuroscientist, to continue his role as Chief Scientist. The extension includes additional performance-based incentives that recognize recent breakthroughs in research and development and contributions to its flagship product Genius™ and further expected technological advancements.

“Our work with Professor Friston has exceeded our expectations,” said Gabriel René, founder and CEO of VERSES. “His revolutionary theories on Active Inference have been central to the creation and continued development of Genius, as well as our broader cognitive computing initiatives. We believe the results from Genius have been nothing less than spectacular, some of which we previewed with the Mastermind exercise recently. The recent success in the Atari benchmarks further underscores the transformative potential of these systems, and we look forward to sharing more results in the coming weeks. We are thrilled to deepen this collaboration as we build on these milestones and drive innovation forward together.”

Professor Friston, whose partnership with VERSES is central to advancing the practical application of his research, shared his thoughts on the renewed agreement:

“I am delighted to be able to extend my work with a company so deeply committed to translating the right scientific principles into transformative and sustainable applications,” said Professor Friston. “VERSES’ steadfast dedication to pioneering the commercialization of Active Inference research is already yielding exceptional results. My continued commitment to VERSES reflects not only a shared belief in this ambitious vision, but also a dedication to advancing the groundbreaking work we have undertaken together. I eagerly anticipate contributing to this mission in the years to come — as we aim to shape the future of intelligent ecosystems.”

https://www.globenewswire.com/news-release/2024/12/23/3001222/0/en/VERSES-Renews-Agreement-with-Chief-Scientist-Karl-Friston-to-Continue-Innovation.html

New Gabriel Rene interview on Deep Dive on YouTube...

That would mean G42 can buy shares at ~$3 per share prior to any follow-on offering.

Gabriel Rene response after looking at the two previous posts about Open AI's ARC test results...
https://x.com/GReal1111/status/1870295602963059002?t=uXMMENxZc8JRZ3vlbcKVXQ&s=19

"For the math challenged"?

Verses has $140m market cap, 3.7billion divided by $140m gets you 26x plus some change. Also, that deal locks in Analog in. no matter how much Verses dillutes their shares. And their going to dilute like a mother. This gives Analog a lot of upside if Verses dillutes to say 1 billion shares. I believe these guys may be able to pull off the tech, but there is a reason these companies stay private for awhile, they can raise money at crazy valuations (So their investors don't get murdered by dilution)

Just my 2 cents

Commercial update or Atari 10k I next in 2024...

These two need to be read together...How much power,water,time and cost did it take for just an acceptable score?
1- https://www.newscientist.com/article/2462000-openais-o3-model-aced-a-test-of-ai-reasoning-but-its-still-not-agi/.
2- https://news.ycombinator.com/item?id=42473321 HD

For the math challenged, a $3.7 BILLION valuation is nearly a 100X bagger increase in Verse AI stock price from today! But why did Analog pay $10 million just to get the RIGHT to invest up to $90 million in Verses AI at a $3.7 billion valuation?

Very simple--WHEN Verses AI proves to the AI technology world that they have LEAPFROGED Open AI --which just closed another venture capital round at a $157 BILLION pre-money valuation . . .or other private "Deep Learning" large language model companies with an average $15 billion valuation-- G42 is literally HEDGING its massive investment in Analog with the option to invest $90 million into Verses.

MICROSFT invested $1.5 billion into G42, so this Analog move also hedges Microsoft's bet on G42.

The BIG Point: What this all means is that in the next 40 days, Verses will prove that their proprietary Genius AI platform is 99% MORE efficient than data center-based AI and requires 98% LESS electric power!

In other words, Genius AI delivers 90% BETTER results on a PC or laptop vs. Data Center-based inference AI—with 98% less power required! That new AI reality is both historic and mind-blowing in that Verses will demonstrate and deliver true "Artificial General Intelligence, aka AGI, 5-10 years before $157 billion valued Open AI or others —in the next 90 days!

Below is the FIRST Verses AI Atari Challenge that got them BIG news at this year's Davos event--which in turn got UAE's G42 and subsidiary Analog (which is 22% owned by MICROSOFT btw) to put up $10MM as a starter investment in Verses AI.

Then Analog founder/CEO of Analog (www.g42.ai) Alex Kipman said last week in a webinar with Gabe, "We now understand that Analog can NOT BUILD the $100 Billion Smart City we are building in Abu Dahbi WITHOUT Verses AI Genius AGI genius platform--it's IMPOSSIBLE without Genius AGI!"

That is also why G42 signed an agreement to acquire the right to invest up to $90 million into Verses at a $3.7 billion pre-money valuation.

Shares Outstanding is not too much!! If i am not wrong
176.48M

Just bought more at .69. I'm thinking buy all you can! This has a real shot to be one of 2025's biggest winners. This is the next frontier!

If they can do the Atari 10k like they've been saying with video proof this will take off. 

It's extremely hard to value this company bc it's based off of hype and story not revenue. Now I like the story but you can't keep diluting at these prices, the shareholders will get wiped out and it will become impossible for them to gain a good return for the risk they've taken

Whether private or public, emerging tech companies look to venture capital and established client-facing distributors of SaaS to form JVs or to take a minority ownership interest in the company if they plan to integrate their technology into the services they provide. Surprised I have not seen any of the latter to this point in time. And the venture portion is still fairly small.

Dream was short lived

On the other side of that argument..they offered shares to the public.
If this was a private co, you probably never get access to investing in it.

Public company that has doubled its share count in the span of a year. These guys need contracts and revenue.

https://deniseholt.us/verses-ai-crushes-openai-o1-in-head-to-head-competition/

After the latest PR,Tobin Smith was telling his followers that Verses was going to 50x.
Yesterday,after Denise Holt's latest writeup,which was quite impressive,Tobin Smith has changed his target to 100x.
He should have a new newsletter for his followers going into the weekend or early next week.

Looks like the bump from the news is over

Denise Holt today discussing the Genius benchmark result from this week with a tech on LinkeIn today..."...There are many more Benchmarks announcements coming over the next few weeks,and from what I understand,they all are going to display the same level of stark difference in performance[vs LLMs] over thousands of various tasks."

Like what I see. Bought more today at .81. 2025 could be a huge year for this smart AI company. Like Rene's comment on X yesterday that "this is just the beginning". I really think these guys have genius minds, kind of like Elon Musk. Think outside the box. Has unlimited potential. People in the tech world are buzzing. The next rocket stock....???

Hopefully JUST profit taking!!!!! My FOMO is getting the best of me.

Thank you Robinhood.
New video coming out tomorrow about what this Mastermind/OpenAI means.

People should be paying more attention to what Scott Shaffer says...He has been telling people exactly what was going to happen for almost a year now,without coming right out and saying he's been told...

What do many have missed in the last PR,is that while Verses hit on 100% of the tests,Open AI 'MISSED' on 29% of their tries...Verses showed a demonstration of one where Open AI completed the test,but not of one of the 29 times it failed completely...

Thanks, that's exactly what I was looking for

Maybe xAI and OpenAI along with NVDA and the LLM companies should be booking some time in the Verses.AI conference room if it is as good as the demo posted on Twitter/X.com implies.

Gabriel @GReal1111 posted it on X/Twitter one hour ago. I just found it myself.

I bought more shares a few weeks ago to average down as I made my first purchase of shares in the .90 cent range. Glad I did. Almost even in one day!. Why? I think these guys are brilliant after doing my DD some time back. Feel bad for those who sold at a tax loss. This has a lot of potential and is virtually an unknown company at the moment. This could make you a lot of money if patient. IMO

For a product/service which isn't super consumer facing. I'd really appreciate it if they could show us the results, not just tell us the results.

For example the Atari 10k challenge they've been talking about. That would either be verified by a 3rd party or they would just post a video of it, not a press release

Is Open AI even aware that Genius out performed them in this test?

What if I suggested this was all about proving to Open AI that their claims were real?...What if I were to suggest that Open AI will come calling soon?...

First pump I've seen since buying in the .80s

Let's see how long this lasts!

Whaaaaaaaaaa

VERSES Genius™ Outperforms OpenAI Model in Code-Breaking Challenge, “Mastermind”
High-Performance Agent Surpasses Leading AI Model in Accuracy, Speed, and Cost Efficiency

VANCOUVER, British Columbia, Dec. 17, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company, today revealed performance highlights of its flagship product Genius winning the code-breaking game Mastermind in a side by side comparison with a leading generative AI model, OpenAI’s o1 Preview, which is positioned as an industry-leading reasoning model. Over one hundred test runs, Genius consistently outperformed OpenAI’s o1-preview model one hundred and forty (140) times faster and more than five thousand times (5,000) cheaper.

“Today we’re showcasing Genius’ advanced reasoning performance against state-of-the-art deep learning-based methods that LLMs are based on,” said Hari Thiruvengada, VERSES Chief Technology Officer. “Mastermind was the perfect choice for this test because it requires reasoning through each step logically, predicting the cause-and-effect outcomes of its decisions, and dynamically adapting to crack the code. This exercise demonstrates how Genius outperforms tasks requiring logical and cause-effect reasoning, while exposing the inherent limitations of correlational language-based approaches in today’s leading reasoning models.

“This is just a preview of what’s to come. We’re excited to show how additional reasoning capabilities, available in Genius today and demonstrated with Mastermind, will be further showcased in our upcoming Atari 10k benchmark results,” Thiruvengada continued.

The comparison involved 100 games of Mastermind, a reasoning task requiring the models to deduce a hidden code through logical guesses informed by feedback hints. Key metrics included success rate, computation time, number of guesses, and total cost.

In the exercise, VERSES compared OpenAI advanced reasoning model o1-preview to Genius. Each model attempted to crack the Mastermind code on 100 games with up to ten guesses to crack the code. Each model is given a hint for each guess and must reason about the missing part of the correct answer, requiring all six code colors to be correct to crack the code. For perspective, you can play the game at mastermindgame.org.

A highlight of the results is below. You can find a more detailed description and results of the tests on our blog at verses.ai.

The exercise: VERSES’ team conducted 100 games for each AI model, using the same secret code parameters: 4 positions and 6 possible colors. Results were measured by success rate, computation time, number of guesses, and total cost. The comparison is summarized below:
Metric Genius™ o1-preview
Success Rate 100%
71% (29% fail rate)
Total Compute Time 5 minutes, 18 seconds
(Avg 3.1s per game) 12.5 hours
(Avg 345s per game)
Total Cost for 100 Games $0.05 USD (est.) $263 USD
Hardware Requirements Standard laptop (M1) GPU-based Cloud


Performance Highlights:

Accuracy and Reliability. Genius solved the code every time in a consistent number of steps.
Speed. Genius consistently solved games in 1.1–4.5 seconds, while ChatGPT’s solve times ranged from 7.9 to 889 seconds (approximately 15 mins)
Efficiency. Genius’ total compute time for 100 games was just over 5 minutes, compared to ChatGPT’s 12.5 hours.
Cost. Genius’ compute cost was estimated at $0.05 USD for all 100 games, compared to ChatGPT’s o1 model at $263 USD.

In summary, Genius solved Mastermind 100% of the time, was 140 times faster and 5260 times cheaper than o1-preview.

“These impressive results highlight a critical gap in today’s AI landscape: the limitations of language-based models like OpenAI’s o1 to handle logical reasoning tasks precisely and reliably,” said Gabriel René, founder and CEO of VERSES. “Mastermind code-breaking is an indicative test that showcases the class of logical reasoning and understanding of cause and effect needed for real-world applications like cybersecurity, fraud detection, and financial forecasting—domains where causality, accuracy, and efficiency are non-negotiable. Genius not only excels at these tasks but does so faster, cheaper, and with unparalleled consistency, making it ideal for addressing complex business challenges. Genius not only excels at these tasks but does so faster, cheaper, and with unparalleled consistency, making it ideal for addressing complex business challenges.”

Mastermind™ is a registered trademark of Pressman Inc.

https://www.globenewswire.com/news-release/2024/12/17/2998249/0/en/VERSES-Genius-Outperforms-OpenAI-Model-in-Code-Breaking-Challenge-Mastermind.html

Is anyone here attending the NeurIPS 2024 in person or virtually? Some access to the Verses presentation would be idyllic.

Everything means something. The Final Exam for this semester is on the Atari 10K. But you are right. Next year brings new challenges and a new race. Winning the 10K is a worthy achievement. I like betting on winning horses, not overpaid trainers saddling up inferior entries to satisfy the ego of their owners.

Ugly, ugly. Tax loss selling is in full swing.

everyone is using Atari 100k now. 10K means nothing

The results for the Atari 10k,imo,will be released this week at the conference...It would provide the biggest impact with the entire AI world in attendance,and would be free publicity for Genius.
Management is staying very low key,and will let the results speak for themselves.

From everything I've seen,their warehousing automation partnerships are all going well,and seem to be deeply integrated into their partners' systems.
Everyone is just waiting for the Beta phase to be over.

The headline on the the PR from the company,on Stockwatch only,said they were conducting the Atari Tests this past week...Tobin Smith stated in 23rd of October Transformity Research report that they would know in '40 days' what those results were,after having spoken to Gabriel Rene in a conference call.And it would be for ALL 26 ATARI GAMES.
So we hear either next week sometime or at the latest the week after.

Yesterday's Transformity Research report...
https://us9.campaign-archive.com/?u=3a7bf19b500bd5d628bbf1462&id=a1328faeb7

what happened to their wherehouse automatation??i thought they were killing it 1-2 years ago?

Seems something is shaking.....................

Keep a close eye on the Canadian newspapers suing Open AI for stealing their content...If they win,then everybody around the world will jump in,and it's either the end of the LLMs,or they all try to pivot to something else.