The company is also progressing with commercial projects, including a smart city initiative in Abu Dhabi, and anticipates converting many beta users to commercial engagements in 2025. VERSES has strengthened its personnel and organizational processes, extending Professor Karl Friston's contract as Chief Scientist and participating in the NeurIPS 2024 conference. The company is focused on integrating advanced capabilities into Genius and expanding its user base and use cases. VERSES aims to leverage its innovative approaches to tackle complex challenges with reduced resources, marking a significant shift in the AI industry.
Key takeaways:
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- VERSES AI Inc. provides a corporate update highlighting the transition of its Genius product from beta to commercial phase in 2025, emphasizing its unique capabilities in automating real-time decision-making.
- Research milestones include groundbreaking results from the Atari 10K Challenge, demonstrating VERSES' models achieving comparable or better performance than state-of-the-art reinforcement learning models using significantly less data and compute.
- The company is progressing with its initial smart city project in Abu Dhabi and anticipates converting a majority of Genius beta users to commercial engagements in 2025.
- VERSES has extended Professor Karl Friston's contract as Chief Scientist and is focusing on formalizing knowledge transfer between research and product development to prioritize efforts based on demand.