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Verses AI Inc

Verses AI Inc (VERS)

0.40
0.00
(0.00%)
Closed December 03 4:00PM
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Professional-Grade Tools, for Individual Investors.

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Current Price
0.40
Bid
0.38
Ask
0.40
Volume
-
0.00 Day's Range 0.00
0.35 52 Week Range 2.37
Previous Close
0.40
Open
-
Last Trade
Last Trade Time
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Average Volume (3m)
317,486
Financial Volume
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VWAP
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VERS Latest News

VERSES to Provide End of Year Update Including Milestone Benchmark Results

VANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in...

VERSES Closes Second Tranche of LIFE Offering Bringing Aggregate Funds Raised to $5.2M From Recent Offerings

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 15, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:...

VERSES AI Inc. Announces Closing of First Tranche of LIFE Private Placement Offering

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 08, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:...

VERSESΒ AI Inc. Announces Upsizing of LIFE & Private Placement Offering and Closing of Special Warrant Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 08, 2024 (GLOBE NEWSWIRE) -- VERSESΒ AI Inc. (CBOE:...

VERSES Provides Update on Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 08, 2024 (GLOBE NEWSWIRE) -- VERSESΒ AI Inc. (CBOE:...

VERSESΒ AI Inc. Announces LIFE & Private Placement Offering up to C$5,000,000

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- VERSESΒ AI Inc. (CBOE:...

VERSES Welcomes Business Solutions Provider Prodigii to Geniusβ„’ Beta

VANCOUVER, British Columbia, Nov. 06, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES" or the "Company"), a cognitive computing company specializing in next generation...

VERSES and Volvo Cars Demonstrate Pedestrian Vehicle Safety Advancement

VANCOUVER, British Columbia, Oct. 21, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES" or the "Company”), a cognitive computing company specializing in next generation...

Verses AI Inc. Announces Closing First Tranche of LIFE Private Placement Offering for Gross Proceeds of C$5,000,000

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Verses AI Inc. (CBOE:...

Verses AI Inc. Announces LIFE Private Placement Offering up to C$10,000,000

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Verses AI Inc. (CBOE:...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1000.40.410.381332180.39741211CS
4-0.1-200.50.530.352626780.43569748CS
12-0.52-56.52173913040.920.980.353174860.60236215CS
26-0.85-681.251.360.352594660.81410864CS
52-0.88-68.751.282.370.352664071.16858733CS
156-0.1-200.53.720.353188301.42268271CS
260-0.1-200.53.720.353188301.42268271CS

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VERS Discussion

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robinandthe7hoods robinandthe7hoods 17 hours ago
This is the report he wrote two days after the first one in October...Notice what he says about the Atari games in both...
https://us9.campaign-archive.com/?u=3a7bf19b500bd5d628bbf1462&id=9a0bbd28fd
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robinandthe7hoods robinandthe7hoods 2 days ago
This is the October/2024 issue of Transformity Research...Scroll down until you get to Verses AI...
https://mailchi.mp/transformityresearch/youroctobernewsletterpart1ishere-8328934
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at online tipletter at online tipletter 3 days ago
The research report found on your link is very informative but contains information that I already know because the report will be two years old in 10 weeks. But it's still a great reminder of what VRSSF shareholders are hoping will come to fruition. I remember Bitcoin had a slow start and crash, then a huge secondary rally, followed by a crash and now rally #3, or is it #5? Good things take time and markets will be volatile. I am patient, but also anxious for a dump of corporate updates. 🧐
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robinandthe7hoods robinandthe7hoods 3 days ago
Patience!...It took two years for Microstrategy,after it was recommended by Transformity Research, to make its move from 1998 to late 1999-2000...After it was ready,it went from $8.00 to $300 in one year.This has that potential.
https://transformityresearch.com/wavewire/versesaibuyreport
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robinandthe7hoods robinandthe7hoods 3 days ago
Patience!...It took two years for Microstrategy,after it was recommended by Transformity Research, to make its move from 1998 to late 1999-2000...After it was ready,it went from $8.00 to $300 in one year.This has that potential.
https://transformityresearch.com/wavewire/versesaibuyreport
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at online tipletter at online tipletter 4 days ago
I believe there will be some news coming next year. It would be foolish to release anything before the tax selling period of Dec 31. What you are reporting sounds very exciting. If they announce 15% of that in the first 60 days of 2025 my enthusiasm for the company
will be over the moon. I don't know you and I do not know the source of your information but it sounds plausible. I am ready for some good news.
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robinandthe7hoods robinandthe7hoods 5 days ago
Verses is now in the final stage of the beta.Adding GoProdigii to the beta is beta in name only.This is the finished product.Blue Yonder has been a beta partner since the Wayfinder days,1.5 years ago.
SVT Robotics was part of it for the past 1.75 years.Same for the drugstore chain.And now it's being used in the Smart City contract in Abu Dhabi,'in the first on many'...Not as a beta test of its ability.
GoProdigii is now promoting Genius as part of its business plan,which means it is safe for future customers to use in their systems.
Shouldn't be long,next couple of months,before they start announcing contracts and ready for public release.
The contracts will be the signal for a huge financing,that will be considered safe as an investment at a typical 10x.That is how they came up with that valuation.
Then they will be financed for production and new hirings.
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at online tipletter at online tipletter 2 weeks ago
As the end-of-year comes even closer it is routine for shareholders to sell out their losing positions to off-set the profits they are taking on other securities. This can lead to an unexpected drop in share prices that MIGHT be reversed in the last days of the current year and the following year. I've seen it happen and taken advantage of it in the past. NOT A PREDICTION. Just saying be aware of tax loss selling.
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at online tipletter at online tipletter 3 weeks ago
Instead of hurling insults perhaps you could read the question more carefully. The question is: where is the JV with Panasonic? Why is the mother ship with all of their electronic wizardry not more involved. They can build handsets, lap-tops, smart TVs with Genius capabilities. Where are they in the process?
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crazyflavor crazyflavor 3 weeks ago
This company can't continue to burn cash w the stock price this low. I loved the idea &mgmt sold me on their vision. But they clearly don't know how to ship a finished product & bring in revenue.
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TriumphTR8 TriumphTR8 3 weeks ago
You are supposed to be β€œin the know β€œ with your alledged β€œtip line β€œ. What cave do you dwell in? Or was that an intentional fake news event to scare off investors? They’re on board and Verses is listed the Blue Yonder website as a significant partner and they specifically explain the Genius product in their toolbox.
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at online tipletter at online tipletter 3 weeks ago
Because Blue Yonder is wholly owned by Panasonic, I'm curious as to why a company with their hardware & manufacturing capabilities has not indicated any involvement yet, assuming they are impressed by the warehouse technology contract in place for over a year.
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robinandthe7hoods robinandthe7hoods 3 weeks ago
Now that the PP is almost over with,there will be no more pressure on the stock price for a while.Always hard to say as it takes news to run a stock,no matter which exchange it's on.
But,in any case,they seem to be making a lot of progress,and they are really getting their name spread out there.
LLMs are already slowing down and the numbers of users are dropping,and the word is spreading on Active Inference.Just a matter of time.
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robinandthe7hoods robinandthe7hoods 3 weeks ago
Just in case anyone thinks what Verses is trying to do with the Atari games test is easy and can be done at the drop of a hat because it's supposed to do anything it wants with Genius,here is a study done with various LLMs that failed to score well on $100 billion systems.
Deepmind was finally able to do it after probably years of working on it and having a section of their lab focusing only on that,and then it improved the score only years after that and it probably cost many 10s of millions of dollars just programming it specifically for that job.
Verses is working on getting Genius to become interoperable over many different software and hardware,which is what their Beta program is trying to achieve,not just over one type of hardware and\or one type of software from one maker,but over any and possible all.This is extremely hard.Which is why they are picking different companies over the Beta.
This is a test that was done using many LLMs on training them on certain Atari games and their score verses human play.
https://arxiv.org/html/2408.15950v1
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crazyflavor crazyflavor 4 weeks ago
Dilute, dilute, dilute

https://www.verses.ai/press/verses-announces-life-and-private-placement-offering?utm_medium=email&_hsenc=p2ANqtz-_U3bDZlOkB6wxv7OXOnJ-Hw3kTjS2dnYnQHzjNGNLidQnyn8OvAj3wiNbCTOs42vwMrVrfPQhNlpmu6wth4nWflwMVaw&_hsmi=332751133&utm_content=332751133&utm_source=hs_email
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Judah137 Judah137 4 weeks ago
lol! Lie much? The (HYPOTHETICAL) future financing round, according to the filings, states that Verses gave G42 the right/option (BUT NOT the OBLIGATION) to finance up to $350m. Nowhere does it state that G42 was even interested in doing so.

Provide your source, or be considered a lying pumper.
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robinandthe7hoods robinandthe7hoods 4 weeks ago
Who is the leading candidate to scoop up Verses AI once all the pieces are in place?...Management seems totally unconcerned with the stock price...G42 wanted to finance the entire $350 million investment when the time came,but Gabriel Rene said no...Are they expecting a bidding war?...Steps to go through-Web 3.0 protocols to be announced by the IEEE,Benchmarks to prove they are as good as the LLMs but faster and cheaper,Beta program to be done and all the kinks are gone from Genius,then it's full speed ahead...Imo,unless they plan to get into the hardware business for this[phones,laptops],then will be up for grabs and won't last long on the market because it'll be scooped up by one of the big boys,because the incredibly huge money is going to come with new phone and laptop sales with the THE BEST operating system available in the world today,an LLM with Genius attached,which no one else will have if it gets scooped up...It will literally be worth 100s of billions when you add up the everyday Joe Blow user with the businesses such as warehousing,defense contractors,healthcare,you name it!
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robinandthe7hoods robinandthe7hoods 1 month ago
Amazing how much Anonymous is selling every day...Since the 2nd tranche of the PP hasn't been filled yet,I'm assuming it's insiders selling in order to fill it.
Could it be naked short-sellers?Who knows,but until the 2nd tranche gets filled,I'll be looking at insiders.
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robinandthe7hoods robinandthe7hoods 1 month ago
Will Verses figure out autonomous driving with Genius before anyone else?
1-https://futurism.com/elon-musk-realizes-all-teslas-self-driving-computers
2-https://futurism.com/the-byte/yann-lecun-elon-musk-lying-fsd
3-https://futurism.com/why-tesla-cybercab-robotaxi-no-sense
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at online tipletter at online tipletter 1 month ago
Always interesting to hear your thoughts. During my lifetime I have seen that true events are typically stranger than fiction; meaning anything can happen!
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robinandthe7hoods robinandthe7hoods 1 month ago
With rumors circulating about a Tesla phone,that would be a potentially massive market share loss to the other phone makers because of the ability to add Star Link and at whatever price Musk would decide to break the other phone makers,along with his own AI chatbot.
All the computer/phone makers are spending billions trying to become the first with AGI,but no one is close.
What are the odds that not one of the top computer/phone/operating system manufacturers is going to come calling once production is set to be announced for Genius?
More billions for hope and a prayer,and getting left behind,or more billions for a sure thing,and the only one in existence,and all the business in robotics,smart cities,drones,games,movies and warehousing it can handle?
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robinandthe7hoods robinandthe7hoods 1 month ago
The upcoming benchmarks are extremely important to Verses.They are the proof to the scientific community that Genius works as advertised.Everybody is now talking about Active Inference and the Spatial Web.All you have to do is go on LinkedIn,it's all over the place in the IT and AI world.
There are only two ways for Verses to get full value if they prove up the benchmarks and aim towards production of Genius.
They put out their own line of computers and phones with Genius as the Operating System...or they get taken out at $20-30 billion.
There is no other way.
People who are quibbling about $.40-.50-.60 will be wondering why they worried about that if the benchmarks prove out and the way is paved for Genius to roll out.
If they don't have their own hardware to put Genius onto they'll literally be throwing 100s of billions out the door.
G-42 looking to get into at a measly $350 million at a starting valuation of $3.5 billion is like getting into ms or Google at rock bottom prices before they took off.$350 million sounds like a lot,but it is a steal if the benchmarks prove out.
Their own computer-cellphone line or a straight buyout,that is all that can happen with Genius.There is a 3rd way.Every computer company out there that runs an Operating System buys into a license with Genius and replaces every other Operating System in existence,or prepare to lose your market share in computer/phone sales.
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at online tipletter at online tipletter 1 month ago
The corporate news if wonderful, but the back story you might be interested to know is that Volvo is now owned by a Chinese Auto Company. Just saying.....
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robinandthe7hoods robinandthe7hoods 1 month ago
Nice PR today!...In case no one noticed,the publishing of the paper was C0-AUTHORED by research teams at both Volvo Cars and Verses.So this is not just a pump job.
Arxiv.org is a pre-print archive...Usually people submit their article to Arxiv at the same time they submit it to a peer-reviewed journal.
Peer-reviewed journals can take a while to finally publish the article,so Arxiv is a nice way to get your work out there early for people to claim ownership/copyright of their work while getting it out there for people to read,cite,collaborate with you on etc.
This is a big deal!...Arxiv has gatekeepers.If you aren't known to them,you need someone to endorse your submission.
Volvo putting their stamp of approval on the paper is the seal of acceptance.
Congratulations to Verses!
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at online tipletter at online tipletter 1 month ago
I could live with that!
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robinandthe7hoods robinandthe7hoods 1 month ago
At some point fairly soon,this could be Verses AI...This took place within 3 days...
https://www.stockwatch.com/Quote/Detail?C:DRUG
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at online tipletter at online tipletter 2 months ago
When investors have significant losses there can be tax loss selling while taking profits in other holdings. This could last until the final few weeks of the year unless some very encouraging news is released, just saying......
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robinandthe7hoods robinandthe7hoods 2 months ago
Are we going to hear that the 2nd tranche is closed in the next few days?..Appears the selling is over.
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scottyb scottyb 2 months ago
lay off yhe blow crackhead
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robinandthe7hoods robinandthe7hoods 2 months ago
Appears a couple of insiders are selling stock to get into the 2nd tranche of the PP.A lot of anonymous selling lately.They would've gotten a lot of super cheap shares at the beginning.
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Oleblue Oleblue 2 months ago
VERSES VRSSF Best AI Penny Stock



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Judah137 Judah137 2 months ago
Everything that you're saying is hypothetical! Think about it, the "$350M investment round" was likely written into the G42 debenture agreement as a way to dangle the carrot, and it will probably never happen!! Filthy Verses and G42 putting that in there just ensures Verses can keep selling shares, and G42 can dump their shares for profit on the people who believe that will actually happen!!!
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crazyflavor crazyflavor 2 months ago
Hear everything you’re saying and one of 2 outcomes will occur here. Major success or failure.

Execs in small tech companies get a pass bc that is just how tech goes, zuck, gates etc… However, they keep talking about all these things they’re going to do. When I researched and spoke to mgmt back in Nov I believed they had something special. I don’t believe that anymore. I’ve pretty much written this off as a $2k lottery ticket at this point
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robinandthe7hoods robinandthe7hoods 2 months ago
And of that potential $350 million,G42 is only being allowed to invest $90 million,so who will be fronting the other $260 million[or more]in that PP?
Management from Verses,their engineers,and others associated with the company sure are keeping tabs and liking posts of a who's who of what you would think would be competitors on LinkedIn,but who could be part of their Beta program,because Verses is telling no one who is in that program.
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robinandthe7hoods robinandthe7hoods 2 months ago
A very important aspect of the potential $350 million financing round that seems to be overlooked completely is,how did they come up with the $3.5 billion valuation?
This isn't just decided by the company or an investor out of thin air.A valuation would have been done by financial analysts based on the projected future revenue and the space they are in.In the past Gabriel Rene has insinuated that by 2025 they would be seeing $300-500 million in revenue coming in.
The analysts coming up with the $3.5 billion valuation would have needed to have some sort of actual proof the revenues could potentially be in that range before they could come up to their Post Money Valuation of $3.5 billion.The big investors putting up the actual $350 million want proof.Their money isn't chickefeed.
Valuations,and/or stock price would typically be at 10x-12x revenue.So the Private Placement of $350 million would be in line with a projected $300-500 million revenue stream that Rene talked about,once Verses is in production mode and deals have been signed.And 10x that is $3.5 billion.And Rene just saying so wouldn't be proof.He would have shown them the proof.
These are analyst numbers....So people should consider this before they talk themselves into selling this stock because of bullboard banter mostly filled by daytraders who are addicted to moving money into and out of stocks,losing most of it over time,who get their highs by the action and thrill of going to new bullboards and discussing their new target,whining,complaining,high if their up a few cents,dejected if their down a few cents,then move on to their next thrilling stock...This is addiction...And every single addict in life loses.
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robinandthe7hoods robinandthe7hoods 2 months ago
Many of the engineers with Verses are following different entities on LinkedIn,imo,because there are a lot of people/companies using Genius on different products and are expressing their opinions on how they are progressing and seeing.
It would be a serious mistake to think nothing is happening with the beta program and everything else Verses is putting in place.
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robinandthe7hoods robinandthe7hoods 2 months ago
If anybody thinks there isn't much going on,remember there were some 3700 entities that applied for the beta program.We only know very few of the companies,individuals,entities that applied.
Dan Mapes seems to have fallen off a cliff,but if you follow him on LinkedIn,you would see that he has been following a lot of people working on Gaussian Splatting.Why would he be so focused on this topic?
https://arxiv.org/html/2410.03592v1
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Capt_Smith77 Capt_Smith77 2 months ago
When I say that I half expect Karl Friston to move on, I would apply that other employees as well.

The company is literally having to raise enough money to fund operations every quarter, and its unlikely that they can continue to raise such money without having better plans in place to making revenues.
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Capt_Smith77 Capt_Smith77 2 months ago
Microsoft shares traded under $2.00 for most of 1994.Market cap means nothing.Outstanding shares at the time was already over a billion.Outstanding shares today is between 7-9 billion.

Actually its the share price that matters very little in the scheme of things, because if you're diluting shareholders at a valuation of two billion dollars, that's a mountain of a difference than diluting shareholders at 100M or less, as you get very little $$ while having to add tens, if not hundreds of millions in shares outstanding. Unlike Verses, Microsoft had an actual product, and so diluting shareholders heavily back then was worth it for investors that held on. If Verses has to continue diluting shareholders at current and lower market caps, they'll easily end up with billions of shares outstanding, and relatively early investors would need billions in market cap just to recoup their losses.

Sorry, but comparing Verses to an early Microsoft is a real joke at this point. I keep checking the company website, which has been very slow for the past six months or so btw, to see if Karl Friston is even still listed as working for the company. I'm half expecting at this point that he'll move on to better things, though I'm sure he gets paid rather well for the time he puts in remotely.
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Judah137 Judah137 2 months ago
The CEO feigned a relationship with OpenAI by posting on X:

"Maybe I can comment by the end of the month 🍓🦋🙊" ...

... Company then dilutes 7 million shares as the price rises by 30% (sure that likely included insider selling) ...

Then, after being asked what that means, he followed that post with: "you want my comment, Strawberry doesn't use Active Inference, I'll see you on the field, that's my comment"

If this doesn't tell you that this guy is a fraud, then you're not paying close enough attention. Make an inference.
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robinandthe7hoods robinandthe7hoods 2 months ago
Microsoft shares traded under $2.00 for most of 1994.Market cap means nothing.Outstanding shares at the time was already over a billion.Outstanding shares today is between 7-9 billion.
And the people sweating over lack of MNIST benchmark results have to understand that these tests have to be done by an outside source.Completely objective.They have to take the time to train the model before they they put it up against the test benchmarks.
Verses is not the only company training for benchmarks.And they have 3 to do.The stock price will do what it will do until it is time to take the next step.Same as MS,or Google or Apple or any of the others when they first began.
The thing with the other three is computers were a brand new fad back then when all computer stocks were going crazy,just like the MJ craze,when all the MJ stocks ran for no reason.
Verses has to prove itself in a competitive environment.When they do,they will be the first.They are getting closer every day.
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Laster Laster 2 months ago
That dudes comment is the most idiotic thing I have ever read. Microsoft MARKET CAP in December 1987 (when 2.0 was released) was $1.4 billion,

Who really cares about the stock split adjusted price wound be. VERS is just a pump with only some fluff product. It will not change the world. Stock price sucks for a reason. Enjoy.
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crazyflavor crazyflavor 2 months ago
In context, Microsoft never traded at .25 cents. Sure if you split adjust these things you could probably say the same thing for any Fanng stock (as well as Tesla)
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robinandthe7hoods robinandthe7hoods 2 months ago
Microsoft stock price when Windows 2.0 came out the stock price was $0.32 when adjusted for rights shares,bonus shares,stock splits etc...And it was generally considered a work in progress.
In 1996,when announced the Linux operating system,the adjusted stock price was $0.25.
When the beta version of Android was released by Google,it took 10 months before the commercial version was released for the public.
All of this should put Verses in perspective.They are exactly where all the other major operating systems and companies owning them were in their build up to release.
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Capt_Smith77 Capt_Smith77 2 months ago
Most stocks revolving around crypto and marijuana startups were nothing but scams.
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Capt_Smith77 Capt_Smith77 2 months ago
They definitely aren't out of the "prove it" phase, but they're likely done with spending millions upon millions in promoting their penny stock as the next big thing in AI.

It turned out to be a complete waste of money.
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Capt_Smith77 Capt_Smith77 2 months ago
Agreed. They're all over the place in what they're trying to accomplish, and it hasn't amounted to anything thus far.

I thought that the pharma contract would amount to something, as would the partnership and testing with Blue Yonder, but nothing thus far.

Given their expenses and cash burn rate each quarter, they really needed something to pan out on one of the fronts.
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robinandthe7hoods robinandthe7hoods 2 months ago
I have seen soooo many companies like this just struggle in their buildup like the gambling stocks,Crypto stocks,IT/Computer stocks in the 90s,marijuana stocks 10 years ago.The smalltime investors like those here would just whine about the losses they were taking every day.
Then the first big contracts showed up,a huge company would buy a piece for 10s of millions,and then the company took off and the stock price went parabolic.But it only took off because it was READY to take off.These buildups take a long time.Verses is almost there.The company and industry looks at it in terms of months and years,where smalltime investors look at it in terms of minutes,hours and days.
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robinandthe7hoods robinandthe7hoods 2 months ago
Some people seem to think Verses is out of the 'Prove it' stage.They are not.A beta program is when they are trying it out on the public,or in this case the business world,to see if it works on an every day basis.
They are about to try and 'Prove it' is better and faster and cheaper than other AI by going up against the same Benchmarks every other AI went up against.
They are in their first 'Experiment' in Abu Dhabi to try and 'Prove it' can work in the real world where everything else is moving at the same time.
These are the last stages of the 'Prove it' period,but this is trading at .46 because we don't have millions of users or even any contracts with big companies for our product.
Until this gets through this 3-4 month period,you can whine all you want about the company and Gabriel Rene,and the shorts,and other posters,but it hasn't proven itself to the business community,or the AI world yet.
This is a gamble for every investor,the insiders too.Nothing is guaranteed.But,based on the IEEE,Gartner,G42,Analog,many names in the AI space,the odds are good that at some point soon,a big turn around should come.But,ONLY after it proves itself.
Ask yourself this.If huge companies like MS,Google,Apple etc had spent 100s of billions on LLMs and lost billions on them already,don't you think they'd have to see absolute proof something like Genius has discovered the real AGI,before they abandon the other models,or at least reverse course and look to add something like Genius to the mix to finally achieve their goal instead of spending billions more on outdated models?
This is worth .46 because it is still an idea.But,it is an idea Sam Altman was terrified to give any publicity to.Because if it proves itself,it might just make models like Open AI obsolete in a hurry.
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crazyflavor crazyflavor 2 months ago
They should try to hone in on 1 thing do that well, then expand. These capital raises are ridiculous, and every time they try to do some webinar saying, now we’re working on this. Very scatter shot approach.
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