VERSES
In this month’s newsletter:
- Letter from the CEO
- Karl's Corner
- VERSES in the news
FROM THE CEO
When I assumed the role of Interim CEO, one of the commitments we made was to communicate regularly. We've begun this with our recent webinars. If you missed them, you can find recordings at https://www.verses.ai/news. Thank you to everybody who has asked such thoughtful questions.
I am pleased to say that VERSES has made technological and commercial breakthroughs in the last few years. We now have a product that shows strong signals of market fit. So, it’s time to focus on commercialization. This will be our main priority in the coming months.
That means:
1. Keeping our focus on delivering value to our current and future customers.
2. Focused research that will deliver new capabilities over time.
We'll share more information soon. In the meantime, if you have questions for our next webinar, let me know.
David T. Scott
Interim CEO
KARL’S CORNER
In this month’s Karl’s corner, Karl discusses his ongoing work on complex system modeling for financial services. This work aims to understand the natural laws that govern systems like the brain, the weather, and financial markets.
This month Karl explains how financial markets are of particular interest from the perspective of active inference because they are driven by agents (either people or firms) with well-defined preferences. This is, of course, unlike the weather which has no agency. This feature means that we can use active inference to simulate how different "types" of agents will behave.
You can find the full interview on our YouTube channel here:
https://youtu.be/NSxLH4B6Ero
VERSES NEWS
- VERSES held three webinars for investors during the last month, covering business updates, leadership, technology and financial results. Transcripts, recordings and slides can be found on our website at: https://www.verses.ai/news
- VERSES appeared in ComputerWorld, and we were covered by Tiffany Jansen, a tech writer who has interviewed leaders from Jensen Huang and Satya Nadella, to, most recently, Mark Zuckerberg. VERSES was also covered in this analysis of ‘world models’ by Meta research scientist Zhuokai Zhao.
VERSES® Announces Closing of Private Placement Offering of Units. - VERSES was recognized in the print edition of IEEE Spectrum, sent to 380,000 IEEE members. You can find the article here: https://spectrum.ieee.org/spatial-web-standard
You can also catch up on everything we are doing on our subreddit.
