The Apple of AI? How VERSES Is Creating A Platform For AI Developers Of All Types

The dramatic appearance of ChatGPT and other artificial intelligence (AI) solutions in the past few weeks signals the economy is moving from being information-driven to intelligence-driven. VERSES Technologies Inc. VERS VRSSF is riding this wave by providing an ecosystem for AI developers. Through its platform, the company is democratizing AI and enabling the 10 million global app developers to develop their own AI applications and bring AI solutions to the marketplace.

The AI market is already worth $328 billion and according to Precedence Research, it is estimated to grow to $1.6T by the end of the decade. More and more applications will be found for AI to streamline tasks, improve work quality through data analytics, and build a more intelligent world. The potential valuation of OpenAI - the creator of ChatGPT - at $29 billion indicates the heat of the AI market right now. As a public company, VERSES is in an exciting position to lead a transformation of the AI sector.

VERSES is powering its platform to provide developers with the opportunity to create and sell AI, in perhaps a similar way Apple Inc. APPL transformed smartphone applications. Apple - with a current market cap of $2.3 trillion - became the platform where developers could come and create sophisticated mobile apps to replace outdated computer applications, and it radically changed the tech industry in the process. But AI seems now to be the new frontier of tech, and there hasn’t been an “Apple” to provide a comprehensive operating system and tool kit for AI developers - until a company like VERSES. 

Bringing AI Tech To The Table

VERSES is excited about the transformative potential of AI for changing how we live. As a cognitive computing company, VERSES is developing the next generation of AI to enable the next generation of developers to find creative solutions to complex, real-world problems. It believes that a major way to achieve this ambitious goal is to equip as many people as possible to share and participate in AI innovation through its multi-dimensional sharing system.

Other companies that have made major investments in AI over the years include Google’s parent company Alphabet Inc. GOOGL and Microsoft Corporation MSFT. While these big tech companies continue to make such investments, VERSES is lining up to change the game by democratizing access to AI and helping organizations share with and learn from each other.

One way VERSES is achieving its goals is through its KOSM platform, an operating system for the development and deployment of AI applications that have not only a logical but a physics based understanding of the world making them useful for both software and robotic automation. The company says KOSM is the world’s first network operating system (OS) for distributed intelligence. Their platform interacts on behalf of customers in the real world and allows the sharing of contextualized data, policies, simulation models, and workflows – all through its sophisticated integration of AI with the Internet of Things (IoT), robotics, and augmented reality (AR). 

The company recently announced that industry veteran James Hendrickson is joining the VERSES team as President and General Manager of VERSES Logistics Inc. The company uses its logistics team and WAYFINDER app to bridge the gap between digital and physical systems and potentially revolutionize the supply chain.

Want to learn more about VERSES Technologies Inc.? Visit its website.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

Featured photo by Domenico Loia on Unsplash