VERSES Announces Next-Generation AI A “General Intelligent Agent”

VANCOUVER, British Columbia, Feb. 23, 2023 (GLOBE NEWSWIRE) -- VERSES Technologies Inc. (NEO:VERS) (OTCQX:VRSSF), a cognitive computing company specializing in the next generation of artificial intelligence, has announced a breakthrough in AI with the world's first General Intelligent Agent, codenamed GIA™, (‘jee-yah’) designed to offer a new human-centered way for businesses and individuals to interact with technology.

GIA, a General Intelligent Agent, is a next-generation personal AI assistant that is designed to learn about its users in order to better organize, manage, and optimize their digital life. GIA, the smart interface to the digital world, is a voice and text-based digital assistant that operates under a user’s direction and on their behalf, searching, filtering, and summarizing information across multiple data sources. With unique features like automating data organization, predictive reasoning, and the ability to learn over time, GIA is poised to become the first intelligent all-in-one solution for anyone seeking a smarter way to organize, manage, and automate their personal and professional activities.

“In the Information Age, we have become overwhelmed with the onslaught of information: emails, app alerts, and device notifications. Businesses are drowning in big data, trying to make sense of information across various systems and how it will benefit them,” said Jason Fox, VERSES Chief Technology Officer. “In the Web 2.0 era an “app for that” resulted in users needing to search across hundreds of single-purpose apps and more devices than anyone can keep track of. The digital overload and administrative drudgery have left users wanting ‘less’ from technology.”

GIA is designed to reduce information overload, increase certainty and decision-making, improve productivity, and provide highly contextualized recommendations and online automation, resulting in a new kind of personal computing experience. Individuals and business users can allow GIA to search and interact across different apps, websites, devices, and systems and offer personalized answers, analysis, and recommendations, manage calendars, schedule appointments, send messages, and even orchestrate and automate the real-world activities of everything from smart home devices and appliances to industrial robots and autonomous vehicles. GIA can host personal or enterprise data or media in private data stores with user controls for robust data permissions, privacy, and security.

“The field of AI is experiencing exciting innovations but even state-of-the-art models are still narrowly-focused tools based on public datasets. We believe GIA can do better, not just by learning about the world, but by learning about us and our lives and providing us with a smarter, safer, and more natural personal computing experience,” said Gabriel René, CEO of VERSES. “GIA marks a new milestone in cognitive computing with its ability to intelligently assist us in managing and optimizing our modern personal and professional lives and guiding us toward a healthier relationship with our technology; freeing us to focus on what matters most in life.”

VERSES is planning the international beta rollout of GIA beginning in summer 2023.
Users can sign up to join the waitlist for GIA at ​​verses.ai/gia

About VERSES

VERSES is a cognitive computing company specializing in next-generation Artificial Intelligence. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES' flagship offering, GIA™, is an Intelligent Assistant for everyone powered by KOSMOS™, a network operating system enabling distributed intelligence. Built on open standards, KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature. Learn more at VERSES, LinkedIn, and Twitter.

On Behalf of the Company

Gabriel René
VERSES Technologies Inc.
Co-Founder & CEO
press@verses.io

Media and Investor Relations Inquiries

Leo Karabelas
Focus Communications
President
info@fcir.ca
416-543-3120

The NEO has not reviewed or approved this press release for the adequacy or accuracy of its contents.

Forward-Looking Statements Cautionary Note

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates,” or variations of such words and phrases or statements that certain actions, events or results “may,” “could,” “should”, “would” or “occur”. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the expectation that the Company will internationally rollout a beta version of GIA in the summer of 2023. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will internationally rollout GIA in the summer of 2023.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not internationally rollout GIA in the summer of 2023. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.