Artificial Intelligence (AI) is in a rapidly growing bull market, with billions of dollars of funding coming into the space in recent years. Investors who are interested in AI technology investments should consider shares in VERSES AI (VERS.NEO); (VRSSF), a cognitive computing company that specializes in the next generation of AI. Here are 7 reasons why investors should consider VERSES for their portfolio:
- Rare Pure Play AI Company:
Most companies in the AI space are either private and VC-backed or mid-to-mega cap US-listed companies with AI as a small component of their overall business. VERSES is a “pure play” AI company, making it an ideal way to get real exposure and leverage to the space.
- Next-Generation AI-Powered Platform:
VERSES has launched a cloud-based OS platform for AI apps called KOSMOS that allows people and organizations to build, run, and sell a new class of AI and AI apps. KOSMOS is a unique platform that enables third parties to develop, run, and sell their own AI apps – similar to the way Apple’s App Store enables third-party app development. KOSMOS has been given the highest public imperative as the next iteration of web 3.0 by the IEEE. For example the IEEE standardised the tech behind LAN, Fiber-optic connection, Bluetooth and Wi-Fi, Broadband and the Standards for General Process of Cryptocurrency Payments among others.
- Early Success in Deploying Their AI Technology:
VERSES has built several of its own apps on KOSMOS to prove its vertical capabilities and has gained real commercial traction. Wayfinder, an AI-picking app for warehouse workers, landed the company a $26.5 million contract over 10 years with NRI, a midsize warehouse chain and distribution center doing over $100,000,000 a year in top line sales. DataLens, an AI “search engine” for businesses, was successfully trialed with the world’s largest cold storage facility operator and is likely to enable cost savings of 10-20% for their multi-billion dollar annual business. Guardian, a way to transform human laws into computable code, won a seven-figure grant from the European Commission to set up the flight lanes for AI-powered drones, starting in 5 cities in 5 countries.
- Breakthrough in AI with GIA:
VERSES announced a breakthrough in AI with the world’s first General Intelligent Agent, called GIA™. GIA is a next-generation personal AI assistant that is designed to learn about its users in order to better organize, manage, and optimize their digital life. With unique features like automating data organization, predictive reasoning, and the ability to learn over time, GIA is poised to become the first intelligent all-in-one solution for anyone seeking a smarter way to organize, manage, and automate their personal and professional activities.
- Experienced World Class Executive Team:
VERSES’ executive team has decades of deep tech and AI experience solving problems for Fortune 500 and Global 1000 companies and government entities. Founders Gabriel Rene (CEO) and Dan Mapes (President) co-authored a bestselling book in 2019 called “The Spatial Web.” Dr. Karl Friston, the Chief Scientist, and his team of 15 AI PhDs are making huge strides in what is known as Active Inference, the next great leap in Artificial Intelligence. Dr. Friston has been referenced as the Einstein of artificial intelligence and a leader in the field of Active Inference – basically a way of understanding sentient behavior.
- High-Growth Market:
The global AI market is estimated at $180 billion in 2022 and is expected to grow to a whopping $1.6 trillion by the end of the decade. These numbers are likely to be revised upwards given the current trajectory. Now is the time for investors to get in on the ground floor with new companies such as Verses.
- Unique Investment Opportunity:
VERSES offers a unique investment opportunity in the AI space. Its innovative platform and breakthrough in AI with GIA have the potential to transform our world.
VERSES is a company with enormous potential in the rapidly growing AI market. With a unique AI-powered platform, a strong track record of success, and a top-notch executive team, VERSES is on it’s way to become a dominant player in the AI space. Investors who are interested in the future of AI and its potential to transform our world should definitely consider Verses Technologies Inc. today. Verses is still a new company that went public in mid 2022 and has already raised over $40M CAD.
Investors Summary: VERSES AI (VERS:NEO); (VRSSF:OTCQX) offers investors a unique opportunity to invest in the rapidly growing Artificial Intelligence bull market. The company’s breakthrough AI-powered platform has already been successfully deployed in the warehouse management space, securing a 10-year, $26.5 million contract with its initial partner, and is now being resold by three leading warehouse management providers (Blue Yonder, Deloitte and Touche), offering significant short and long term upside potential. With their singular focus on AI solutions and a global team of AI experts, Verses is well-positioned to become a leader in the next generation of AI solutions. . Now is the time to take a position in this company before the market in general discovers this rare opportunity!
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