Wednesday, September 18, 2024
10:02 AM EST – VERSES AI Inc. : Announced the first in a series of joint smart city projects with Analog, an edge computing company focused on seamlessly connecting people, places and things using smart sensors and mixed reality devices, to simulate taxi fleet management in Abu Dhabi. Utilizing Genius™, the project objective is to understand how to optimize fleet operations while minimizing congestion and emissions. “We are excited to kick off this first commercial project and partnership with Analog,” said Gabriel René, CEO of VERSES. “Genius is ideally suited for smart cities where there are many stakeholders, each with different systems, hardware and methods for capturing and processing real-time sensor data. We aim to empower Analog with the tools to transform data from various sources into a unified model upon which Genius agents continuously generate insights and recommendations in order to optimize activity, with the goal of producing significant cost savings and efficiency improvements for fleet operators.” VERSES AI Inc. (O.VRSSF) shares were up 3 cents at 0.6435.
Stocks in Play: VERSES AI Inc., Wed, 18 Sep 2024 10:12:06 EST