Artificial intelligence (AI) will be one of the biggest stories of the decade. Growing fast, Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. Plus, consider this. MIT Technology Review said, “Artificial intelligence is changing the world and doing it at breakneck speed. The experts go on to predict a 50 percent chance that AI will be better than humans at more or less everything in about 45 years.” That alone is a significant catalyst for companies, such as VERSES AI Inc. (CBOE: VERS) (OTCQX: VRSSF), C3.AI Inc. (NYSE: AI), Nvidia Corp. (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Advanced Micro Devices (NASDAQ: AMD).
When it comes to artificial intelligence, big things are bound to happen. It’s already transforming multiple industries, such as healthcare, governments, transportation, manufacturing, education, the media, even customer service. All as it helps drive emerging technologies, such as big data, robotics, and the Internet of Things. Also, with AI, computers now have the ability to look at massive amounts of data and make decisions and discoveries in fractions of time it would normally take you and I.
VERSES Technologies Inc. (CBOE: VERS) (OTCQX: VRSSF) Stands to Benefit
VERSES AI Inc. , a cognitive computing company specializing in the next generation of artificial intelligence, is pleased to confirm that its stock has been made available for trading on Cboe's Netherlands and UK exchanges enabling secondary trading and local currency access to European and UK investors. The shares of VERSES AI continue to trade on Cboe Canada, the new business name of the NEO Exchange Inc., Canada's Tier 1 stock exchange or the Purpose-Driven Innovation Economy, under the ticker symbol: VERS, and remain available for trading on OTCQX: under the ticker VRSSF. The new ticker symbols are as follows: Cboe UK: J9Ad, Cboe EU: J9Ad
Cboe's equities markets are among the most liquid in the world. In North America, Cboe's U.S. and Canadian equities trading venues handle a combined $61.7 billion in average daily notional value region. In Europe, Cboe operates the largest pan-European equities exchange, accounting for €8.4 billion in ADNV and 25 percent share of the European equities market. In Australia, Cboe operates the country's second-largest equities exchange with ADNV of more than $AUD 1.5 billion, representing approximately 19 percent of all daily trading in the Australian equities markets.
“Cboe’s UK and European exchanges will allow us to broaden our investors base and access new pools of capital and liquidity which will ultimately enhance value for our shareholders. Given our UK and European presence, this is a significant capital markets milestone for the company,” commented Gabriel Rene, Co-Founder and CEO of VERSES AI. “We look forward to expanding our listing relationship with the Cboe as they continue to grow and tap into new markets including Cboe Japan and Cboe Australia.”
VERSES AI is active in the UK and Europe with eleven team members in Europe and five in the UK and a satellite office in the Netherlands. The Company has active business activities in Europe including the Flying Forward 2020 (FF2020) project with the European Commission. FF2020 is a three-year research and innovation project funded by the European Union focusing on creating a state of the art Urban Air Mobility (UAM) ecosystem for autonomous drone missions. VERSES AI previously received a €948,847 grant as part of this program. For more information, visit www.ff2020.eu .
Other related developments from around the markets include:
C3.AI Inc. announced today that C3 Generative AI is now available on the AWS Marketplace. Adding C3 Generative AI to the AWS Marketplace accelerates the procurement and onboarding process, enabling customers to rapidly access C3 AI and AWS’s combined Generative AI expertise in just a few clicks. "We enjoy a robust partnership with AWS, its strength demonstrated by the large number and success of our mutual customers," said C3 AI CEO Thomas M. Siebel. "There is tremendous interest in C3 Generative AI on AWS. C3 Generative AI provides a natural language search interface that helps diverse users in the most complex organizations quickly and easily use LLMs and GPT to access enterprise data and AI insights."
Nvidia and WPP announced they are developing a content engine that harnesses NVIDIA Omniverse™ and AI to enable creative teams to produce high-quality commercial content faster, more efficiently and at scale while staying fully aligned with a client’s brand. The new engine connects an ecosystem of 3D design, manufacturing and creative supply chain tools, including those from Adobe and Getty Images, letting WPP’s artists and designers integrate 3D content creation with generative AI. This enables WPP's clients to reach consumers in highly personalized and engaging ways, while preserving the quality, accuracy and fidelity of their company’s brand identity, products and logos.
Microsoft announced that its board of directors declared a quarterly dividend of $0.68 per share. The dividend is payable Sept. 14, 2023, to shareholders of record on Aug. 17, 2023. The ex-dividend date will be Aug. 16, 2023.
Advanced Micro Devices announced the addition of two new, workload optimized processors to the 4 th Gen EPYC™ CPU portfolio. By leveraging the new “Zen 4c” core architecture, the AMD EPYC 97X4 cloud native-optimized data center CPUs further extend the EPYC 9004 Series of processors to deliver the thread density and scale needed for leadership cloud native computing. Additionally, AMD announced the 4 th Gen AMD EPYC processors with AMD 3D V-Cache™ technology, ideally suited for the most demanding technical computing workloads.
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