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VERSES AI Inc.

02:42 PM EST - VERSES AI Inc. : Announced that the Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) P2874 working group voting members have approved the Spatial Web standards: Hyperspace Modeling Language (HSML) and Hyperspace Transaction Protocol (HSTP). “We are honored that the IEEE working group members have approved HSML and HSTP as the global standards for AI, IoT and robotic interoperability and governance. The approval positions these new standards to potentially become as ubiquitous as HTTP, WiFi, or Bluetooth protocols that enable interoperability between billions of devices and systems,” said Gabriel René, CEO of VERSES. “Industry and governments want to safely drive the proliferation of AI and autonomous technologies and we believe that the Spatial Web standards pave the road for both safer and faster market adoption.” The Spatial Web is a hyper-connected, ethically-aligned network of humans, machines, and intelligent systems. HSML and HSTP provide standard formats for structuring multidimensional information in a unified format that includes the rules, requirements and restrictions that govern how AI and related systems can interact. VERSES AI Inc. shares O.VRSSF are trading unchanged at $0.72.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=VRSSF&qmodStoryID=6892886675093844