Latest news with #GabrielRené
Yahoo
3 days ago
- Business
- Yahoo
VERSES® Announces Major Global Investment Firm Upgrades to Genius™ Enterprise Based on Early Project Success
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ("VERSES'' or the "Company'), a cognitive computing company specializing in next-generation agentic software systems, announces that a major global investment firm has converted to an enterprise contract with the Company on the basis of the results achieved during its participation in the Company's Genius beta program. This firm validated Genius beta in early 2025 and based on the initial results, it has signed up for a renewable enterprise license, which provides it with access to unlimited inferences. The contract contains provisions for outcome-based pricing in the future, after an initial period of fixed payments. Genius, which uses active inference models and techniques that are particularly well-suited to handling complex, layered reasoning, is being explored to be used as an alternative to current AI. 'We are thrilled at the early results of Genius and believe that the migration from the Genius beta program to the Genius commercial Enterprise version is a strong vote of confidence in Genius' potential,' said Michael Wadden, VERSES' Chief Commercial Officer. 'We are excited by the opportunity to unlock significant business value with one of the largest global financial institutions as we begin to scale Genius into the market.' About VERSESVERSES® is a cognitive computing company focused on building next-generation intelligent software systems modelled after the wisdom and genius of nature. Designed around first principles found in science, physics and biology, the Company's flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Learn more at LinkedIn and X. On behalf of the Company Gabriel René, Founder & CEO, VERSES AI Inc. Press Inquiries: press@ Investor Relations Inquiries James Christodoulou, Chief Financial OfficerIR@ +1(212)970-8889 Cautionary Note Regarding Forward-Looking Statements This news release contains statements which constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words 'may', 'would', 'could', 'should', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the potential of Genius to provide value to clients. The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Business Upturn
3 days ago
- Business
- Business Upturn
VERSES® Announces Major Global Investment Firm Upgrades to Genius™ Enterprise Based on Early Project Success
By GlobeNewswire Published on June 5, 2025, 17:54 IST VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ('VERSES' or the 'Company'), a cognitive computing company specializing in next-generation agentic software systems, announces that a major global investment firm has converted to an enterprise contract with the Company on the basis of the results achieved during its participation in the Company's Genius beta program. This firm validated Genius beta in early 2025 and based on the initial results, it has signed up for a renewable enterprise license, which provides it with access to unlimited inferences. The contract contains provisions for outcome-based pricing in the future, after an initial period of fixed payments. Genius, which uses active inference models and techniques that are particularly well-suited to handling complex, layered reasoning, is being explored to be used as an alternative to current AI. 'We are thrilled at the early results of Genius and believe that the migration from the Genius beta program to the Genius commercial Enterprise version is a strong vote of confidence in Genius' potential,' said Michael Wadden, VERSES' Chief Commercial Officer. 'We are excited by the opportunity to unlock significant business value with one of the largest global financial institutions as we begin to scale Genius into the market.' About VERSES VERSES® is a cognitive computing company focused on building next-generation intelligent software systems modelled after the wisdom and genius of nature. Designed around first principles found in science, physics and biology, the Company's flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Learn more at , LinkedIn and X . On behalf of the Company Gabriel René, Founder & CEO, VERSES AI Inc. Press Inquiries: [email protected] Investor Relations Inquiries James Christodoulou, Chief Financial Officer [email protected] , +1(212)970-8889 Cautionary Note Regarding Forward-Looking Statements This news release contains statements which constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words 'may', 'would', 'could', 'should', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the potential of Genius to provide value to clients. The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Associated Press
4 days ago
- Business
- Associated Press
VERSES® Welcomes IEEE Final Approval of Spatial Web Standards
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) ('VERSES'' or the 'Company'), a cognitive computing company specializing in next-generation agentic software systems, welcomes the final ratification and forthcoming publication of the Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) P2874 Spatial Web standards intended to enable interoperability and governance between AI systems, agents, robotics and Internet of Things devices. 'Congratulations to the Spatial Web Foundation and the approximately three hundred P2874 working group participants who have worked diligently during the last five years to bring about this remarkable achievement. I believe that these global standards mark the dawn of the next era of the web,' said VERSES CEO, Gabriel René. Just as past IEEE standards, such as Wi-Fi® and Bluetooth®, have catalyzed global device interoperability, the Spatial Web standards aim to standardize secure communication, collaboration, and control among AI agents, IoT devices, robots, digital twins, and human users in digital and physical environments. One of the core standards, Hyperspace Modeling Language (HSML), provides for a shared multidimensional vocabulary for describing people, places, and things, while Hyperspace Transaction Protocol (HSTP) encodes permissions and policies into every digital interaction. Together, they provide both hardware manufacturers and software developers a common toolkit to reduce time-to-market, accelerate deployment, and lower integration costs, while empowering policymakers and regulators with a robust foundation for building safeguards that ensure systems interoperate intelligently, safely and ethically in the real world. One critical challenge that the standards were designed to address for businesses is ensuring standard protocols for identity, credentials, and trust when AI interacts with IoT devices and robots. For example, a factory might want to specify that only authorised individuals or agents may instruct a robot to move certain components to or from approved parts of the building. Consumers can determine how, when and where systems may use their data. For instance, an individual can share private medical information with a healthcare provider but ensure that the terms of use and access to their data remain under their control. VERSES plans to support the P2874 standards in future releases of its product, Genius. This will enable enterprises to develop intelligent agents interoperate more easily and obey enterprise-defined policies and laws. For Genius customers, this can mean quicker development and deployment and lower integration costs. 'We believe that integrating Spatial Web standards into Genius will create more robust, agentic, and autonomous systems that can better understand their surroundings, coordinate with other IoT and robotic systems, and comply with technical, legal and business requirements,' said James Hendrickson, President and COO of VERSES. He added, 'Imagine a warehouse robot rolling into a new facility, understanding the local policies, and starting to work within minutes with no custom coding required. That's the future-ready world that our customers are demanding and that VERSES is working to deliver.' More information can be found on the Spatial Web Foundation and IEEE websites: About VERSES VERSES® is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius,™ is an agentic enterprise intelligence platform designed to generate reliable domain-specific predictions and decisions under uncertainty. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at LinkedIn and X. On behalf of the Company Gabriel René, Founder & CEO, VERSES AI Inc. Press Inquiries: [email protected] Investor Relations Inquiries James Christodoulou, Chief Financial Officer [email protected], +1(212)970-8889 Cautionary Note Regarding Forward-Looking Statements This news release contains statements which constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words 'may', 'would', 'could', 'should', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the expectation that the Company anticipates listing its Class A Subordinate Voting shares for trading on Nasdaq; and other statements that are not historical facts. The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will successfully list its Class A Subordinate Voting shares for trading on the Nasdaq as anticipated by management. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, that the Company will not successfully list its Class A Subordinate Voting shares for trading on Nasdaq as anticipated by management or at all and other risks detailed from time to time in the filings made by the Company in accordance with securities regulations. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
Associated Press
30-04-2025
- Business
- Associated Press
VERSES® Announces Commercial Launch of Genius™
VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) ('VERSES'' or the 'Company') a cognitive computing company specializing in next-generation intelligent software systems is pleased to announce that the Company has officially launched its flagship product Genius enabling Agentic Intelligence for Enterprise. The Company will offer Genius as a paid service with consumption-based and performance-based pricing as well as enterprise licenses. 'With today's milestone, the commercial launch of Genius, VERSES transitions from research-led to revenue-driven,' said Gabriel René, Founder and CEO of VERSES. 'We are delighted to launch Genius commercially today to our first customers and look forward to Genius rolling out to more users over the coming weeks. My thanks to our beta partners, including companies in financial services, healthcare, consulting and software development, who have given us such valuable feedback,' said Hari Thiruvengada, VERSES CTO. 'Enterprises face constant pressure to increase productivity, reduce costs, maintain competitive advantage, and manage risk—and they want to use AI Agents to help make smarter predictions and automate decisions that reflect their company's unique business and operational domain,' said Gabriel René, Founder and CEO of VERSES. 'We believe that general-purpose AI struggles to meet the domain-specific needs of today's enterprises, which is why Gartner® estimates that 50 percent of all AI models will be domain-specific by 2027. Genius is designed to meet this need, to enable more reliable, domain-specific predictions and agent-powered decision automation for the enterprise. With thousands of developers already on our waitlist, we are excited to begin converting that pent-up demand into paying customers.' 'Genius has been designed from the ground up to solve domain-specific enterprise challenges. We have incorporated dozens of usability improvements, including a modelling wizard to streamline building, validating, and training models. In particular, Genius can help to solve enterprise problems that often come with ambiguity, novelty, or uncertainty. This will make it particularly valuable to users requiring prediction, decision making, and recommendations,' added Hari Thiruvengada, VERSES CTO. Genius's initial target audience is machine learning and data science professionals trying to solve enterprise problems that require prediction with uncertainty or hidden factors. The commercial launch of Genius comes with significant upgrades and enhancements to current features including intelligent agents, a model editor, application programming interfaces (APIs) and a developer portal. A full list of models and capabilities can be found on our website. The Company will be converting current Beta users into paying customers and expects to begin rolling out access to qualified applicants from the thousands of developer sign-ups in the weeks to come. The Company offers Genius as a paid service with variable pricing plans for researchers, professionals and enterprise licenses. For more details on Genius and our pricing plans, visit our website at About VERSES VERSES is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, our flagship product, Genius,™ is a suite of tools for machine learning practitioners to model complex dynamic systems and generate autonomous intelligent agents that continuously reason, plan, and learn. Imagine a Smarter World that elevates human potential through technology inspired by Nature. Learn more at LinkedIn, and X. On behalf of the Company Gabriel René, Founder & CEO, VERSES AI Inc. Press Inquiries: [email protected] Investor Relations Inquiries James Christodoulou, Chief Financial Officer, Verses AI Inc. Gartner is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally. Cautionary Note Regarding Forward-Looking Statements This news release contains statements which constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward-looking information and forward-looking statements are often identified by the words 'may', 'would', 'could', 'should', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' or similar expressions. More particularly and without limitation, this news release contains forward–looking statements and information relating to the launch of Genius and how Genius is expected to be valuable to users requiring prediction, decision making, and recommendations. The forward–looking statements and information are based on certain key expectations and assumptions made by the management of the Company. As a result, there can be no assurance that such plans will be completed as proposed or at all. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that Genius will provide the value expected by users, that the Company will generate revenues from paying customers and that Genius will be successful adopted by our target customers. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, that Genius will not provide the value users expect, that our target customers will not adopt Genius, or that Genius will not generate the revenues we expect, as well as other risks detailed from time to time in the filings made by the Company in accordance with securities regulations. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
Globe and Mail
26-03-2025
- Business
- Globe and Mail
Five Top Ways to Invest in a Smarter World
From climate crises to supply chain disruptions, today's problems are too complex for individuals or isolated systems to solve alone. But a new web of agents offers more than just solutions—it offers reassurance. By embedding intelligence in everything, making it available anywhere, and ensuring it operates in harmony with humanity, we can create a future where technology complements rather than overwhelms, says VERSES AI (CBOE: VERS) (OTCQB: VRSSF). Collective intelligence is the answer: a web of agents working together to address humanity's most pressing challenges. In fact, such technology has the ability to perceive and respond to the environment in real time, otherwise known as sentient technology. With it, technology can respond to sensory impressions and be able to plan based on the consequences of an action or belief about the world, which enables it to solve almost any (multiple constraint satisfaction) problem. Sophisticated intelligence technology learns and adapts to new situations. Sympathetic intelligence gives technology the ability to understand to the emotions and needs of people and other artificial intelligence systems. Meanwhile, shared intelligence gives technology the ability to collaborate with humans, other agents, and physical systems to solve complex issues and achieve goals. All thanks to companies like VERSES AI, which is preparing to uplist to the NASDAQ, Nvidia (NASDAQ: NVDA), Palantir Technologies (NASDAQ: PLTR), Advanced Micro Devices (NASDAQ: AMD) and Alphabet (NASDAQ: GOOG). VERSES AI (CBOE: VERS) (OTCQB: VRSSF) Preparing for Uplisting to NASDAQ VERSES AI Inc., a cognitive computing company specializing in next-generation intelligent software systems, is pleased to announce the consolidation of its Class A Subordinated Voting Shares in connection with an application to uplist such shares on the Nasdaq Capital Market. As part of the planned uplisting, the Company is consolidating all issued and outstanding Class A Subordinate Voting Shares on the basis of one (1) post-consolidated Subordinated Voting Share for every nine (9) pre-consolidated Subordinated Voting Share held. 'The consolidation is one of many initiatives that the Company is implementing in preparation for our intended uplisting to Nasdaq, which we believe is the next logical step in the Company's growth journey,' stated Gabriel René, Founder and Chief Executive Officer of Verses. 'We believe a listing on the Nasdaq, a major global exchange, aligns with the strategy and vision for the Company and will enhance our visibility, provide access to a larger pool of capital, attract a more diverse group of global shareholders and improve overall liquidity.' The Consolidation is intended to increase the quoted per share price of the Company's Subordinate Voting Shares to satisfy Nasdaq's initial listing requirement and to align the Company with trading fundamentals of its peers, improve liquidity and attract greater investment participation from a more diverse and larger set of investors. The Company's board of directors approved the Consolidation on March 3, 2025, and have set March 27, 2025 as the record date of the Consolidation. Trading of the Subordinate Voting Shares on a post-Consolidation basis on Cboe Canada Inc. is expected to commence on or about March 27, 2025. The new CUSIP number for the Subordinate Voting Shares will be 92539Q406 and the new ISIN number will be CA92539Q4060. The Company's name and stock symbol will remain unchanged following the Consolidation. As of the date hereof, the Company currently has 211,290,407 Subordinate Voting Shares issued and outstanding. The Consolidation will reduce the number of outstanding Subordinate Voting Shares to approximately 23,476,711 Subordinate Voting Shares issued and outstanding. Holders of physical share certificates of the Company are required to complete and return a letter of transmittal to the Company's transfer agent, Endeavor Trust Corporation, in order to receive their post-Consolidation Subordinate Voting Shares. Please visit for guidance on the process for returning your pre-consolidation share certificates and receiving your post-Consolidation Subordinate Voting Shares. Shareholders whose shares are represented by a direct registration system statement will automatically receive their post-Consolidation Subordinate Voting Shares without any further action. Shareholders who hold their shares through an intermediary are encouraged to contact their intermediaries if they have any questions. No fractional Subordinate Voting Shares will be issued under the Consolidation as fractional Subordinate Voting Shares will be rounded either up or down to the nearest whole number of Subordinate Voting Shares. The exercise price and number of Subordinate Voting Shares issuable pursuant to the exercise of any outstanding convertible securities, including incentive stock options and warrants, will also be adjusted in accordance with the Consolidation ratio. Prior to listing on Nasdaq, the Company's listing application must be approved by Nasdaq and the Company must satisfy certain pricing and financing conditions. There can be no assurance the Company's listing application will be approved or that the Company will satisfy the required listing conditions in a timely manner, or at all. The Company is pleased to announce that in addition to being appointed an officer of the Company's wholly owned subsidiary Verses Inc., as previously announced in the Company's press release dated February 27, 2025, James Christodoulou has been appointed the Company's Chief Financial Officer and Kevin Wilson, the Company's former Chief Financial Officer, has been appointed the Company's Chief Accounting Officer. Kevin Wilson will also continue in his position as Secretary of the Company. Other related developments from around the markets include: Nvidia reported revenue for the fourth quarter ended January 26, 2025, of $39.3 billion, up 12% from the previous quarter and up 78% from a year ago. For the quarter, GAAP earnings per diluted share was $0.89, up 14% from the previous quarter and up 82% from a year ago. Non-GAAP earnings per diluted share was $0.89, up 10% from the previous quarter and up 71% from a year ago. For fiscal 2025, revenue was $130.5 billion, up 114% from a year ago. GAAP earnings per diluted share was $2.94, up 147% from a year ago. Non-GAAP earnings per diluted share was $2.99, up 130% from a year ago. Palantir Technologies announced the successful deployment of its specialized technological solutions within Societe Generale, a top tier European bank, for its international retail banking activities. The solution deployed relates to cutting-edge technologies ensuring the highest standards of security and data integrity. The partnership sees Societe Generale, integrate Palantir's state-of-the-art Anti Financial Crime solutions, tailored specifically to address the challenges faced by international financial institutions today. Built on Palantir Foundry, this suite of solutions includes advanced analytics, machine learning algorithms, and comprehensive risk assessment tools designed to detect, prevent, and mitigate financial crime's risks such as money laundering or fraud. Advanced Micro Devices unveiled the highly-anticipated AMD RDNA 4 graphics architecture with the launch of the AMD Radeon RX 9070 XT and RX 9070 graphics cards as a part of the Radeon RX 9000 Series. The new graphics cards feature 16GB of memory and extensive improvements designed for high-quality gaming graphics, including re-vamped raytracing accelerators and powerful AI accelerators for ultra-fast, cutting-edge performance, and breakthrough gaming experiences. The RX 9000 Series, powered by the new AMD RDNA 4 architecture, offers gamers and creators a powerful blend of performance, visuals, and value. These advanced graphics cards redefine incredibly fast, high-resolution gaming with third-generation raytracing technology enabling realistic lighting, shadows, and reflections to deliver immersive gaming experiences while integrating a suite of AMD features to maximize hardware utilization. Alphabet announced financial results for the quarter and fiscal year ended December 31, 2024. Consolidated Alphabet revenues in Q4 2024 increased 12% year over year to $96.5 billion reflecting robust momentum across the business. Google Services revenues increased 10% to $84.1 billion, reflecting the strong momentum across Google Search & other and YouTube ads. Google Cloud revenues increased 30% to $12.0 billion led by growth in Google Cloud Platform (GCP) across core GCP products, AI Infrastructure, and Generative AI Solutions. Total operating income increased 31% and operating margin expanded by 5% percentage points to 32%. Net income increased 28% and EPS increased 31% to $2.15. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for VERSES AI Inc. by VERSES AI Inc. We own ZERO shares of VERSES AI Inc. Please click here for disclaimer. Contact:
