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VERSES® Partners with Leading Global Investment Firm for Genius™ Beta

Jan 30, 2025 - financialpost.com
VERSES AI Inc., a cognitive computing company, has announced a partnership with a leading global investment firm to join its Genius beta program. The project aims to leverage Genius' predictive analysis capabilities to mitigate market risk during volatile periods, enhance investment returns, and grow the asset base by anticipating macroeconomic shifts. The initiative will employ regime identification and switching models to help investment firms navigate between stable and high-risk market periods, enabling proactive strategies rather than reactive ones.

Michael Wadden, VERSES' Chief Commercial Officer, expressed excitement about collaborating with a major financial institution to test Genius in complex use cases across multiple industries, including risk management. The company emphasizes the potential for significant market advantages by enabling partners to predict market risks. VERSES' flagship product, Genius, is designed to model complex dynamic systems and generate autonomous intelligent agents, inspired by principles from science, physics, and biology.

Key takeaways:

  • VERSES AI Inc. has partnered with a leading global investment firm to join the Genius beta program, aiming to mitigate market risk and enhance investment returns.
  • The project will utilize Genius' predictive analysis to identify macroeconomic shifts, allowing firms to anticipate market changes and make proactive decisions.
  • VERSES' Chief Commercial Officer, Michael Wadden, emphasizes the potential market advantage of shifting from reactive to predictive strategies.
  • The initiative is part of VERSES' broader strategy to test Genius with large enterprise customers across multiple industries, focusing on complex use cases like risk management.
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