fbpx

As we navigate the advent of the Fourth Industrial Revolution, artificial intelligence (AI) technology continues to emerge as a game-changer for the future of humanity. With this groundbreaking progress comes the critical issue of managing autonomous systems. This ensures they are not only in alignment with human values, principles, and laws, but also promote fair and equitable services across diverse individuals and communities.

A Groundbreaking Initiative from VERSES AI

In the face of the transformation driven by AI, the need for effective regulation is paramount. Addressing this vital issue, cognitive computing specialist VERSES AI (NEO: VERS), in collaboration with multinational law firm Dentons and the Spatial Web Foundation, is charting the pioneering path for global AI governance.

The Road to Autonomy: VERSES, Dentons Law Firm & The Spatial Web Foundation

Releasing in June 2023, their AI industry report, “THE ROAD TO AUTONOMY: A Path To Global AI Governance,” provides a comprehensive roadmap for policymakers grappling with the complexities of AI regulation. The report goes beyond merely analyzing the challenges of regulating AI systems; it presents a fresh approach to legislation for the era of autonomous AI.

The report envisions encoding laws and legal principles into an understandable, machine-readable language, facilitating autonomous compliance by AI systems. It’s a critical step toward a safe, effective, and inclusive journey down the “Road to Autonomy,” aligning future AI systems not only with technical advancement but also with the best interests of humanity.

A Powerful Collaboration Between VERSES & Dentons

VERSES’ partnership with Dentons signifies a transformative initiative in the global AI space. It’s an invitation to investors keen on shaping the future of AI governance, presenting a compelling investment thesis backed by technical prowess, ethical forethought, and legal responsibility.

Progressing AI to a Safe, Accountable Future: The VERSES Journey

Unveiling the Roadmap to Explainable AI

VERSES AI, renowned for their cutting-edge cognitive computing technology, has recently made significant strides in enhancing AI transparency and understandability. Their groundbreaking research paper titled “Designing Explainable Artificial Intelligence with Active Inference” proposes methods for creating human-interpretable, explainable AI (XAI) systems. This aligns with the growing calls from global bodies for improved AI explainability, providing a potential solution for the transparency concerns posed by Large Language Models employed by tech giants like OpenAI, Google, Microsoft, and Meta.

Innovating Through Active Inference

A collaboration between VERSES, the Wellcome Centre for Human Neuroimaging at UCL, the Departments of Cognitive Computing and Philosophy at the Université du Québec à Montréal, and the Berlin School of Mind & Brain at Humboldt-Universität zu Berlin, the paper explores the potential of active inference for modeling decision-making processes with human-like introspection. Their proposed AI architecture tracks and explains the factors contributing to AI decisions, marking a significant development in the era of XAI.

Reimagining the AI Learning Process

Taking AI beyond mimicry, VERSES’ model enables machines to learn from the outcome of their actions and continually optimize performance. This is in stark contrast to existing models like OpenAI’s GPT and Google’s BARD which, despite their ability to generate impressive content, often lack the capability to incorporate new information post-training, leading to potentially biased or harmful responses.

Relevance Beyond Academia

VERSES’ efforts extend beyond the theoretical realm. The company, granted a US$1,000,000 grant from the European Commission, successfully deployed multiple autonomous drones as part of the Flying Forward 2020 project. By doing so, they showcased the Regulatory Geospatial Digital Infrastructure that future AI-powered drones and vehicles could operate on.

Intellectual Property: A Cornerstone of Success

Unsurprisingly, the securing of intellectual property has been a strong indicator of durability and better outcomes in the emerging AI industry. VERSES’ recent patent filing for its next-gen AI—automating the generation of intelligent software agents from data sets—genuinely signifies a breakthrough in the space.

Introducing VERSES’ GIA: The Next-Gen Personal Assistant

VERSES’ pioneering efforts have now yielded GIA™ (General Intelligent Agent), a smart interface to the digital world designed to learn about users to better organize, manage, and optimize their digital life. GIA provides a highly contextualized and personalized computing experience, capable of automating data organization, predictive reasoning, and learning over time. Poised to revolutionize personal computing, GIA is slated for an international beta rollout in summer 2023.

Overall, these developments are strong indicators of VERSES’ commitment to advancing AI capabilities, focusing on transparency, understanding, and the effective application of these technologies to real-world scenarios. Their innovative strides, intellectual property developments, and practical demonstrations underscore their pioneering position in the AI industry.

The Vision: A Personal AI Agent

Bill Gates’ recent statement underscored the impact a personal AI agent could have on our lives and the commercial landscape. According to Gates, the first entity to develop such an AI will become the winner in the AI race, potentially making platforms like Amazon obsolete.

VERSES, a pioneering company in AI, is at the forefront of this race. With its ground-breaking AI-powered personal assistant, GIA, and collaborations with some of the largest corporations globally, VERSES is poised to redefine our relationship with technology.

VERSES AI Operating System: KOSM™

VERSES has also developed KOSM™, the world’s first network operating system for enabling distributed intelligence. It’s not merely creating AI systems but laying the foundation for anyone to build on their framework.

VERSES’ Portfolio of Applications: Wayfinder, Datalens, Guardion & GIA

The portfolio of VERSES showcases their ability to improve operational efficiencies, consumer convenience, and governance. With their proprietary Artificial Intelligence Operating System, KOSM, VERSES is not another AI start-up but a genuine foundational pioneer.

As we delve deeper into the AI revolution, the ambitious endeavors and unique standing of VERSES make it a standout player. Whether you’re an investor eyeing exposure to AI or a tech aficionado keen on the future of AI, the exploration of what VERSES brings to the table could be a rewarding journey.

Bill McClain – Editor of The Momentum Letter
About the author.

The Momentum Letter operates The Free Trade Report

With the dearth of easy-to-access data on company share lock-up agreements and dates, The Momentum Letter issues “The Free Trade Report” to members highlighting key share unlock dates for companies in the microcap and small cap space. To gain access to the “The Free Trade Report” database sign-up today.

Significant Past Unlocks in the last 90 days (6 of Many…)

Ticker Locked Shares Unlock Date Share Price on Unlock Date Current Share Price Return % Since Unlock Date % Float Increase
GTTX 6,066,308 03/30/2024 0.05 0.05 0 20.24
BIOV 36,783,334 05/02/2024 0 0.08 0 70.74
WO 3,210,000 04/23/2024 0.11 0.08 -27.27 98.47
HSLV 4,882,727 02/17/2024 0.48 0.50 4.17 23.55
HSLV 30,000,000 02/24/2024 0 0.50 0 117.11
MFG 15,398,051 03/22/2024 2.08 2.60 25 20.38

Get access to all past stock unlock data join the Free Trade Report (it’s free! )

Upcoming Unlocks in the next 90 days (6 of Many…)

Ticker Locked Shares Unlock Date Current Share Price % Float Increase
ZOG 12,726,749 07/16/2024 0.14 15.23
PLNK 2,243,424 07/02/2024 0.08 14.48
GLAB 6,166,069 08/12/2024 0.50 14.00
MARY 4,111,025 05/20/2024 0.01 10.51
BIOV 16,716,666 06/10/2024 0.08 18.83
LEXT 3,195,000 06/25/2024 0.07 10.66

Get access to all upcoming stock unlock data join the Free Trade Report (it’s free! )


Unlock your access to more companies and more tools by joining “The Free Trade Report”. The Momentum Letter will deliver weekly updates such as when new companies are added to the database, new unlock dates approach and recent market impacting unlocks along with other valuable information to your inbox. You can login here or visit the registration page to create your account. (it’s free!)



Disclaimer

The Momentum Letter is a marketing partner which has received

compensation to direct traffic to this coverage.  Full Disclaimer

Continue Reading...

Comments (19)

  1. Phil Williams
    Posted on July 9, 2023
  2. Vasudevarao Vadoothker
    Posted on July 12, 2023
  3. Kevin
    Posted on July 23, 2023
  4. Angie
    Posted on August 4, 2023
  5. Claudia Turner
    Posted on August 9, 2023
  6. Claudia Turner
    Posted on August 9, 2023
  7. Robert Sierra
    Posted on August 13, 2023
  8. Kenneth
    Posted on August 16, 2023
  9. Tamara
    Posted on August 16, 2023
  10. David
    Posted on September 1, 2023
  11. Ramil
    Posted on September 4, 2023
  12. David
    Posted on September 12, 2023
  13. Nilo
    Posted on December 21, 2023
  14. Mike Goubault
    Posted on December 24, 2023
  15. Colleen
    Posted on December 28, 2023
    • William McClain
      Posted on January 3, 2024
  16. Nadine
    Posted on December 29, 2023
  17. Nadine
    Posted on December 29, 2023
  18. Maria Lene
    Posted on December 29, 2023

Give a Comment