The artificial intelligence (AI) story shows no signs of slowing. Instead, AI – which could be worth $1.8 trillion by 2030, according to Statista – is already changing just about everything. In fact, it’s already changing drug discovery, education, finances, cyber threats, legal issues, you name it.
Even better, companies are racing toward Artificial General Intelligence (AGI), where AI can perform all human cognitive skills better than the smartest human, as noted by Forbes. In fact, according to DeepMind co-founder and author Mustafa Suleyman, as also noted by Forbes, “AI will achieve this human-level performance within the next three years.”
Investopedia adds, “AGI is generally conceptualized as being AI that has the ability to match the cognitive capacity of humans, and is categorized under the label of strong AI. (Artificial super intelligence [ASI] also sits under the strong AI category; however, it refers to the concept of AI that surpasses the function of the human brain.”
Look at VERSES Technologies Inc. (VERS: CBOE, VRSSF: OTCQX) Progress, For Example
VERSES AI Inc., a cognitive computing company specializing in the next generation of artificial intelligence, is pleased to announce the launch of its intelligent software platform, Genius™, for exclusive private beta partners and a demo of select Genius™ capabilities during a November 3rd webinar.
Gabriel René, founder and CEO of VERSES, unveiled the company’s key corporate announcement last month, emphasizing its goals with the rollout plans of Genius™ and the ambition to offer better foundations for AGI (Artificial General Intelligence). Genius™ is a cloud-hosted platform for developing ‘smartware’ – software agents that can learn, reason, adapt and interact in digital and physical domains. Genius™ is designed to power a new breed of ‘smart’ applications and devices that we believe everyone, from small developers to large Fortune 500 companies, wants but struggle to build with current state of the art tools.” said René.
“We have been overwhelmed by the early demand from more than 1,500 developers, engineers, and large enterprises that have already requested early access to Genius. Although many will have to wait for public beta, we believe the time has come to give a sneak peek of Genius’™ capabilities so that everyone can see the potential of this technology. Today’s announcement marks an important step in our go-to-market strategy, to form new partnerships and to continue innovation toward making general intelligent software available to all,” said René.
The 2023 Gartner AI Hype Cycle predicts that Artificial General Intelligence (AGI) will take more than 10 years to reach a plateau of productivity. However, according to Gartner, First Principles AI, which describes the methodology VERSES employs, has the potential to accelerate the development of AGI and all other AI adoption within a few years.
“We believe that our First Principles approach, based on standards, utilizing natural computing and backed by neuroscience-based methods like Active Inference, positions us as a front-runner in the race for AGI, often called the “Holy Grail of AI,” said René.
The Genius™ beta began in October and is rolling out to a select group of ten private beta partners; enterprise software developers will be granted “early access” to Genius™ to test various diverse use cases over the next few months. The company will announce each private beta partnership as it launches over the coming weeks and months.
With this announcement, VERSES continues to demonstrate its leadership, innovation and commitment to enable a smarter, safer, and more accessible path to AGI.
Learn more about Genius: https://www.verses.ai/genius
Read the Corporate Update: https://www.verses.ai/press-2/verses-ai-q3-corporate-update
Register for the Webinar: https://event.webinarjam.com/register/255/69q31fw4
Image sourced from Shutterstock
This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice.
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The artificial intelligence (AI) industry is continuously evolving and its impact is far-reaching. It is estimated that AI will be worth $1.8 trillion by 2030, according to Statista. This technology is disrupting various sectors including drug discovery, education, finance, cybersecurity, and law.
Furthermore, companies are striving for Artificial General Intelligence (AGI), in which AI systems possess cognitive capabilities surpassing those of human beings. Mustafa Suleyman, co-founder of DeepMind, predicts that AI will achieve human-level performance within the next three years, as reported by Forbes. AGI is categorized as strong AI, capable of matching human cognitive capacity.
VERSES Technologies Inc. (VERS: CBOE, VRSSF: OTCQX)
VERSES AI Inc., a leading cognitive computing company focused on next-generation artificial intelligence, has recently launched Genius™, its intelligent software platform. The platform was made available to exclusive private beta partners, with select capabilities showcased during a webinar on November 3rd.
VERSES CEO, Gabriel René, announced the launch, expressing the company’s commitment to AGI development. Genius™ provides a cloud-hosted platform for developing “smartware” – software agents capable of learning, reasoning, adapting, and interacting in digital and physical domains. The platform aims to empower developers, from small businesses to Fortune 500 companies, to create innovative applications and devices using state-of-the-art tools.
René highlighted the overwhelming demand for early access to Genius™, with more than 1,500 developers and enterprises expressing interest. The company believes it is the right time to showcase the potential of Genius™ and form new partnerships in order to make general intelligent software accessible to all.
In accordance with the 2023 Gartner AI Hype Cycle, AGI is predicted to reach a productivity plateau in over 10 years. However, VERSES’ First Principles AI methodology, which incorporates natural computing and neuroscience-based methods like Active Inference, has the potential to accelerate AGI development and wider AI adoption within a few years.
VERSES’ Genius™ platform entered beta testing in October. A select group of ten private beta partners will have early access to test various diverse use cases. Public beta access will be available in the coming months, with partnership announcements made progressively.
This latest announcement from VERSES solidifies its position as a leader, showcasing innovation and a dedication to creating a smarter and safer path to AGI.
Key Takeaways
- The AI industry is expanding rapidly and is estimated to be worth $1.8 trillion by 2030.
- Artificial General Intelligence (AGI) aims to surpass human cognitive abilities and is categorized as strong AI.
- VERSES Technologies Inc. has launched the Genius™ platform, offering a cloud-hosted solution for developing intelligent software.
- The Genius™ platform has received significant interest from developers and enterprises, demonstrating the demand for advanced AI tools.
- VERSES’ First Principles AI methodology positions them as a front-runner in the race for AGI.
- The Genius™ beta is underway with selected partners, with public beta access planned for the future.
Conclusion
As the AI industry continues to evolve, companies like VERSES Technologies Inc. are pushing the boundaries of innovation. With the launch of the Genius™ platform, VERSES aims to provide developers with the tools needed to create intelligent applications and devices. Their approach, rooted in First Principles AI methodology, positions them as an industry front-runner in the race for AGI. With the demand for AGI accelerating, VERSES’ commitment and leadership will play a crucial role in shaping the future of AI.
References:
- Statista – https://www.statista.com/statistics/607716/worldwide-artificial-intelligence-market-size/
- Forbes – https://www.forbes.com/sites/bernardmarr/2022/10/22/artificial-general-intelligence-agi-a-step-closer-inspired-by-brain-science/?sh=6d0a8dd9594f
- Investopedia – https://www.investopedia.com/terms/a/agi.asp
- Gartner – https://www.gartner.com/en/newsroom/press-releases/2023-08-15-gartner-2023-ai-hype-cycle-highlights-miles
- VERSES Technologies Inc. – https://www.verses.ai/genius
Image sourced from Shutterstock
This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice.
