10:09 AM EST - VERSES AI Inc. : Announced 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.” VERSES AI Inc.
shares O.VRSSF are trading up 9 cents at $0.88.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=VRSSF&qmodStoryID=6517841550329837