When it comes to artificial intelligence, big things are bound to happen. For one, AI is 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. Two, 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. Three, massive tech companies are spending billions of dollars on AI, including VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), Nvidia Corp. (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOG, GOOGL) to create new products and services.
Even more exciting, “AI is projected to have a lasting impact on just about every industry imaginable — as 60 percent of businesses are predicted to be affected by it. We’re already seeing artificial intelligence in our smart devices, cars, healthcare system and favorite apps, and we’ll continue to see its influence permeate deeper into many other industries for the foreseeable future,” as noted by Builtin.com.
Look at VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), For Example
VERSES Technologies, a cognitive computing company specializing in the next generation of artificial intelligence solutions, today announced a partnership with SVT Robotics™, whose SOFTBOT® Platform and partner ecosystem streamline the integration and deployment of robotics, IoT, and other industrial applications. SVT’s integration with VERSES’ network operating system, KOSM™, is expected to accelerate deployments of AI powered robots into warehouses and distribution centers.
By modeling enterprise data and processes as a multi-dimensional digital twin of each location, KOSM generates real-time intelligence, boosts worker productivity, and improves overall operational performance. A SOFTBOT connector for KOSM services will be available in SVT Robotics’ AppDirectory for quick and reliable integration with any of the other automation and robotics technology connectors in the SVT ecosystem. This streamlines the integration and adoption of VERSES AI for use by supply chain companies using the latest logistics robots
“We are thrilled to be a certified partner on the SVT Robotics SOFTBOT Platform,” said Gabriel René, Co-Founder and CEO of VERSES. “Companies within the supply chain tend to work in technologically complex environments and keeping up with the latest advancements can be challenging. The ability for SVT’s SOFTBOT Platform to integrate multiple systems, such as WMS, ERP, robotics, and IoT, enhanced with KOSM’s ability to generate a coherent model of the movement and flow of an operation in order to better understand and optimize them will be a powerful combination.”
Customers deploying VERSES technology through SVT Robotics’ agile, tech-agnostic SOFTBOT Platform also gain access to SVT’s’ AppLab and AppMonitor capabilities to build additional customer operational workflows, and monitor the activity and health of each deployment, process automation, and performance.
“SVT Robotics is focused on empowering companies to deploy automation technologies rapidly and seamlessly,” said A.K. Schultz, CEO of SVT Robotics. “Partnering with VERSES and its artificial intelligence technology not only enriches our SOFTBOT Platform ecosystem, but also introduces our customers throughout the supply chain to emerging AI technology that can dramatically change the operational performance within the distribution center, warehouse, and beyond. “
Other related developments from around the markets include:
Nvidia Corp. will host a conference call on Wednesday, February 22, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the fourth quarter and fiscal year 2023, which ended January 29, 2023. The call will be webcast live on investor.nvidia.com. The company’s prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional investors. Ahead of the call, NVIDIA will provide written commentary on its fourth-quarter results from its CFO.
Microsoft and Qcells, a global solar leader investing in building a U.S. solar supply chain are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 gigawatts of solar panels and related services — equivalent to powering over 400,000 homes. Qcells, owned by Hanwha Solutions headquartered in Seoul, will work with Microsoft to develop solar projects as well as provide panels and engineering, procurement and construction (EPC) services to selected solar projects Microsoft has contracted for through power purchase agreements (PPAs).
Apple announced financial results for its fiscal 2023 first quarter ended December 31, 2022. The Company posted quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88. “As we all continue to navigate a challenging environment, we are proud to have our best lineup of products and services ever, and as always, we remain focused on the long term and are leading with our values in everything we do,” said Tim Cook, Apple’s CEO. “During the December quarter, we achieved a major milestone and are excited to report that we now have more than 2 billion active devices as part of our growing installed base.”
Alphabet announced financial results for the quarter and fiscal year ended December 31, 2022. Sundar Pichai, CEO of Alphabet and Google, said: “Our long-term investments in deep computer science make us extremely well-positioned as AI reaches an inflection point, and I’m excited by the AI-driven leaps we’re about to unveil in Search and beyond. There’s also great momentum in Cloud, YouTube subscriptions, and our Pixel devices. We’re on an important journey to re-engineer our cost structure in a durable way and to build financially sustainable, vibrant, growing businesses across Alphabet.”
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