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Tuesday, Feb 18, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.

AI and Autonomy

Illustrious market research firm Gartner recognizes VERSES AI for its innovation

Gartner is an S&P 500 and Fortune 500 company valued at about C$8 billion

Illustrious market research firm Gartner recognizes Verses AI for its innovation
DHL Group representatives visit VERSES at Blue Yonder's ICON 2023 supply chain conference in Las Vegas. Photo: VERSES AI

Connecticut’s major market research firm Gartner, Inc. (NYSE: IT) just recognized VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) for its innovative technology in a new report on generative AI.

The lengthy 2024 Hype Cycle for Artificial Intelligence Report released Tuesday mentions VERSES on a list of key companies excelling in the field of “First-Principles AI (FPAI).”

“FPAI helps train models with fewer data points and accelerates the training process, helping models converge faster to optimal solutions,” Gartner said in the report.

VERSES chief executive Gabriel René says the new Hype Cycle analysis is considered to be the gold standard for technology investment reports among Fortune 500 companies, which Gartner is one of. VERSES was listed alongside major industry influences.

“It’s an honour to be recognized and to be mentioned alongside other well-respected tech companies like NVIDIA Corp (Nasdaq: NVDA) by Gartner,” René said, “one of the world’s top technology and research firms.”

Read more: Verses announces Genius public beta preview and webinar June 20

Read more: Verses AI onboards chief product officer in push for AI product Genius

VERSES appoints seasoned new COO

The cognitive computing company, focused on its flagship Genius AI model, just appointed an experienced new chief operating officer.

James Hendrickson stepped into his new role in early July. He has over two decades of experience in the fields of robotics, enterprise technology, advanced automation and edge computing.

Notably, Hendrickson was the Head of Strategic Partnerships and Global Alliances at the well-established AI robotics company Berkshire Grey before joining the VERSES team.

“His diverse experience with both startups and large enterprises uniquely positions him to guide VERSES through our next growth stages,” René said, “Including the commercial and public launch of our Genius platform.”

 

VERSES AI is a sponsor of Mugglehead news coverage 

 

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