- CEO
- David T. Scott
- Full Time Employees
- 98
- Sector
- Technology services
- Industry
- Information technology services
- Address
- 1111 West Hastings Street Vancouver BC Canada V6E 2J3
- IPO Date
- May 31, 2022
- Business
- VERSES AI Inc. VERSES AI Inc. (OTCQB:VRSSF) is a Canada-based cognitive computing company that develops next-generation agentic software systems modeled after principles from nature, physics, and biology. The company offers Genius, its flagship intelligence-as-a-service platform, which provides an intuitive low-code user interface for building domain-specific causal models using active inference and Bayesian mechanisms; tools for data ingestion from CSV files, model training, validation, and continuous updating; capabilities for reasoning, planning, learning, and generating probabilistic predictions under uncertainty; and deployment options including cloud-hosted services, SDKs, APIs, and self-hosted enterprise solutions for machine learning engineers and data scientists tackling complex, volatile problems in sectors like finance, robotics, and spatial AI. Genius enables autonomous intelligent agents that evolve without pre-training, quantify uncertainty, and integrate with knowledge repositories, devices, and other AI models, available in Starter, Professional, and Enterprise tiers with features such as inference agents, priority support, and customer portals. Founded in 2020 and headquartered at 1111 West Hastings Street in Vancouver, British Columbia, the company operates primarily in Canada with activities extending to the United States and Netherlands, targeting enterprise customers including Fortune 500 firms through reseller programs and serving industries such as financial services, manufacturing, and technology infrastructure. Formerly Verses Technologies Inc., it rebranded to VERSES AI Inc. in March 2023; recent developments include the commercial launch of Genius in 2025, expansion of a consulting relationship with a major global investment firm to develop active inference models for asset allocation and portfolio optimization using milestone-based and outcome pricing, receipt of a patent for specifying domain models with active inference agents, recognition in the 2025 Gartner Emerging Tech Impact Radar for Spatial AI contributions, a CAD$14 million notional financing agreement with staff reductions to streamline operations and focus on high-growth priorities, addition of former Amazon Web Services executive David T. Scott to its board, and listings on OTCQB:VRSSF and CBOE:VERS.