As an incredibly disruptive tool, artificial intelligence is transforming just about everything, creating a multi-billion-dollar opportunity in the process. Not only has it been transformative for healthcare, retail, finance, transportation, financial services, education and manufacturing, also changing the oil and gas industry. All of which is a solid catalyst for AI stocks, such as VERSES Technologies (CBOE: VERS) (OTCQB: VRSSF), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOG, GOOGL).
With it, oil and gas executives can identify potential reserves, optimize drilling locations, predict maintenance needs, increase efficiency, enhance safety, and help cut costs. It’s just part of the reason why companies like AI Driller is now in a commercial partnership with VERSES Technologies. In fact, as noted by Marat Zaripov CEO, Founder at AI Driller, Inc., with the partnership, “we can offer even smarter and more predictable optimization and outcomes resulting in improved investment returns (ROI) for our customers.”
VERSES’ (CBOE: VERS) (OTCQB: VRSSF) Just Announced a Commercial Partnership with AI Driller for Smarter Oil and Gas Operations
VERSES AI Inc., a cognitive computing company specializing in next generation intelligent agent systems, announces that AI Driller, a leading AI solutions company focused on providing a comprehensive operational platform for safer and smarter drilling and completions solutions for the oil and gas industry, has joined the Genius commercial program. AI Driller customers include large global and national oil and gas companies, independent operators, drilling contractors and boutique engineering firms.
“At AI Driller, we provide a suite of best-in-class solutions for safer and smarter operations to the global leaders of the oil and gas industry,” said Marat Zaripov CEO, Founder at AI Driller, Inc. “We strive to continually innovate, and we believe that by partnering with VERSES and leveraging Genius, we can offer even smarter and more predictable optimization and outcomes resulting in improved investment returns (ROI) for our customers. We look forward to this developing relationship as both companies seek to create a safer and smarter world through next generation AI solutions.”
“We are excited for the opportunity to partner with AI Driller to demonstrate the power of Genius to a new vertical, the oil and gas industry,” said Michael Wadden, VERSES Chief Commercial Officer. ”AI Driller’s products already improve communication, performance and decision-making with data for the oil drilling industry, and we believe that by adding Genius, we can make that performance even better. In high-stakes drilling, every decision counts. It is essential to monitor key metrics to streamline rate-of-penetration, anticipate equipment maintenance needs, and reduce collision risks to avoid incidents. Genius empowers AI Driller to capture their domain knowledge and use it to develop Agents that learn to predict the right course of action and scale safer, more efficient, and cost-effective drilling operations for its customers.”
Upon successful completion of phase 1, building and testing Genius Agents on high-value drilling use cases, both parties anticipate the execution and announcement of a reseller agreement to provide Genius to the AI Driller global customer base.
Other related developments from around the markets include:
Nvidia has partnered with Microsoft to bring neural shading support to the Microsoft DirectX preview in April, giving developers access to AI Tensor Cores in NVIDIA GeForce RTX™ GPUs to accelerate neural networks from within a game’s graphics pipeline. Neural shading represents a revolution in graphics programming, combining AI with traditional rendering to dramatically boost frame rates, enhance image quality and reduce system resource usage. “Microsoft is adding cooperative vector support to DirectX and HLSL, starting with a preview this April,” said Shawn Hargreaves, Direct3D development manager at Microsoft. “This will advance the future of graphics programming by enabling neural rendering across the gaming industry. Unlocking Tensor Cores on NVIDIA RTX will allow developers to fully leverage RTX Neural Shaders for richer, more immersive experiences on Windows.”
Microsoft announced that its board of directors declared a quarterly dividend of $0.83 per share. The dividend is payable June 12, 2025, to shareholders of record on May 15, 2025. The ex-dividend date will be May 15, 2025.
Apple announced financial results for its fiscal 2025 first quarter ended December 28, 2024. The Company posted quarterly revenue of $124.3 billion, up 4 percent year over year, and quarterly diluted earnings per share of $2.40, up 10 percent year over year. “Today Apple is reporting our best quarter ever, with revenue of $124.3 billion, up 4 percent from a year ago,” said Tim Cook, Apple’s CEO. “We were thrilled to bring customers our best-ever lineup of products and services during the holiday season. Through the power of Apple silicon, we’re unlocking new possibilities for our users with Apple Intelligence, which makes apps and experiences even better and more personal. And we’re excited that Apple Intelligence will be available in even more languages this April.”
Alphabet announced financial results for the quarter and fiscal year ended December 31, 2024. Consolidated Alphabet revenues in Q4 2024 increased 12% year over year to $96.5 billion reflecting robust momentum across the business. Google Services revenues increased 10% to $84.1 billion, reflecting the strong momentum across Google Search & other and YouTube ads. Google Cloud revenues increased 30% to $12.0 billion led by growth in Google Cloud Platform (GCP) across core GCP products, AI Infrastructure, and Generative AI Solutions. Total operating income increased 31% and operating margin expanded by 5% percentage points to 32%. Net income increased 28% and EPS increased 31% to $2.15.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for VERSES AI Inc. by VERSES AI Inc. We own ZERO shares of VERSES AI Inc. Please click here for disclaimer.
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