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Stocks in play: VERSES AI Inc.

Baystreet.ca
·1 min read

Announced that Jay Samit is relinquishing his position as Chairman of the Board in order to take a position with the Company while concurrently appointing Michael Blum into the vacated Chairman position. Mr. Samit’s new role at VERSES will be Head of Global Partnerships, focusing on deploying Genius to systems integrators, channel partners, and business process outsource firms and strategic investors. “With the strategic investment from G42, the IEEE working group approval of the Spatial Web standards, as well as the most recent research demonstrating technical scalability of the technology, VERSES is at an inflection point, and I feel that the timing is right for me, to have a more direct impact by leveraging the relationships that I’ve built over my career to help bring Genius to market,” said Jay Samit. VERSES AI Inc. shares O.VRSSF are trading up 1 cent at $0.69.

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