10:02 AM EST - VERSES AI Inc. : Announced that it has entered into a funding agreement with Group 42 Holding Ltd 1, a leading UAE-based AI technology group. “G42 has become a global leader in the AI world with a commitment to champion the technology to drive innovation and progress for every industry and society worldwide. VERSES shares this mission and we are excited and honored to announce this strategic investment to support our shared goal of ensuring that AI becomes smarter, safer, and more sustainable,” said Gabriel René, founder and CEO of VERSES. Pursuant to the Strategic Investment, G42 has invested US$10,000,000 via a private placement of unsecured convertible debenture units of VERSES. VERSES AI Inc.
shares O.VRSSF are trading unchanged at $0.84.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=VRSSF&qmodStoryID=5423487277082123
