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November 28, 2024

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VERSES (VERS.NE) publishes white paper describing future path for AI

VERSES (VERS.NEO), a next-generation AI company providing foundational technology for the contextual computing era announced today that its AI Research Group, published a landmark research white paper describing their approach to the design and development of the next gen AI known as Artificial General Intelligence (AGI). Intelligent agents with human-level intelligence that can learn, adapt and act in the world.

The title of the paper is, “Designing Ecosystems of Intelligence from First Principles,” and it proposes a vision and a roadmap for the future path of AI based on a field of research called Active Inference.

VERSES KOSM, a network operating system for AI, uses Active Inference framework as the basis for its AI decision-making and planning capabilities.

In the first week of December, VERSES announced that world leading neuroscientist Dr. Karl Friston, joined the company as its chief scientist to direct and oversee the company’s advanced AI research and development. He pioneered the Active Inference approach which describes how biological intelligence observes the world, orients, and makes decisions about how to act based on sensory observations or data, all in real time in contrast to today’s AI known as Deep Learning which heavily relies upon massive historical data sets.

“Active Inference is a universal scheme for intelligent behavior. Operationally, Active Inference is a process of belief updating and propagation that has two aspects: inferring states of affairs in the world that generate data and inferring the best plans for actively acquiring more data,” said Friston.

VERSES CEO, Gabriel René, comments, “We are moving from the Information Age to the Intelligence Age, and this groundbreaking paper – the culmination of decades of advanced scientific research and development – describes, for the first time, a genuine path to achieving the ‘holy grail’ AGI not as a single algorithm but as an ecosystem of collective intelligence. This powerful science is the foundation of our KOSM platform.” Using Active Inference, KOSM enables the design and deployment of a new generation of intelligent agents capable of working together to provide unprecedented insights, recommendations, and autonomous capabilities to enhance any application across any industry. René continues, “VERSES mission is to enable a smarter world where the power to design and deploy AI is extended beyond those with big data to anyone with big ideas.”

 

With the global AI market projected to grow to USD $1.394 trillion by the end of the decade, VERSES offers Canadian investors an excellent way to reap the gains from this coming hot investment sector. With today’s AI custom built for narrow problem sets, dependent on large data sets, and costing millions to train and deploy, VERSES Artificial General Intelligence could be a major game changer.

TradingView Chart

At time of writing the stock is flat for the day with over 294,000 shares being traded.

Technically, the stock has broken back above what was a previous resistance zone at $0.73. The original break occurred on November 22nd 2022 but momentum stalled at $0.85 and we did not hit our resistance zone at the $0.95 level.

As long as the stock remains above $0.73, we can test the recent highs at $0.85 once again, and perhaps this time the stock will be able to close above it to confirm a run up to the $0.95 resistance zone.

 

 

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