These Top 5 AI Stocks Could Provide Substantial Returns to Investors

June 26, 2023 - Baystreet.ca


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. With that, some of the top companies to watch include VERSES AI Inc. (CBOE: VERS) (OTCQX: VRSSF), C3.AI Inc. (NYSE: AI), Nvidia Corp. (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Advanced Micro Devices (NASDAQ: AMD).

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.

VERSES Technologies Inc. (CBOE: VERS) (OTCQX: VRSSF) Stands to Benefit

VERSES AI Inc., a cognitive computing company specializing in the next generation of artificial intelligence, announces the release of the first Wayfinder Service-based AI Routing Agent.

The Wayfinder Routing Agent provides AI routing capability for any networked system such as autonomous robots, forklifts and other machines, and human operators in industrial environments. The Wayfinder Routing Agent is based on the routing service provided in the Company’s Wayfinder application. This Agent easily integrates with existing systems and seamlessly provides orchestration across multi-vendor mobile robotic platforms, enabling efficient and coordinated navigation within complex warehouses and other large-scale industrial settings that involve collaborative and co-working scenarios with humans and robotic automation. VERSES’ partners SVT Robotics and Blue Yonder are the first users of the Routing Agent and have begun integrating the VERSES Routing into their solutions.

"Releasing the first vendor agnostic Wayfinder Service is a huge accomplishment for our team and for our partners," said James Hendrickson, President and General Manager of VERSES Enterprise. "Our AI Routing Agent can be integrated into any partner application to provide advanced routing without requiring a major hardware or software upgrade. We have more Wayfinder Services on our near-term roadmap and we can’t wait to extend our routing to provide maps and visual guidance to workers and supervisors for a holistic view of the systems that power our modern economy.”

VERSES believes its Routing Agent represents a step forward in robotics technology and industrial logistics and to its knowledge is the first system that applies the solutions outlined in “The Road to Autonomy: A Path To Global AI Governance,” jointly published by VERSES and Dentons.

The Verses Routing Agent is based on a solid foundation: the pre-ratified version of IEEE P2874 Spatial Web Protocol. This offers many advantages, such as interoperability, standard tools for extracting, transforming, and loading data into any robotic or computational system, spatial-based AI algorithms for intelligent routing, and the ability to scale and extend the system in the future. The Verses Routing Agent addresses shortfalls in siloed systems by enhancing the performance and utilization of mixed fleets, increasing operational efficiency and enhancing visibility. This Routing Agent can be used to visualize routes and mirror live travel paths within a digital twin.

The AI Routing Agent’s broad compatibility across a wide range of robotics vendors provides flexibility and optimization. It enables operations teams to effectively manage their current and future robotic fleets, reduce vendor-specific constraints, and promote smooth and coordinated operation even within the most complex environments.

“With our AI Routing Agent and integration tools and APIs, businesses no longer need to be held back by the limitations of vendor-specific systems. Our technology allows for seamless integration and management across a diverse range of robotics platforms, empowering businesses to maximize the efficiency of their operations," adds Hendrickson.

The Wayfinder AI Routing Agent is now available to partners globally. It comes with comprehensive technical support, documentation, and integration assistance, ensuring a smooth transition and operational effectiveness. To learn more about the Wayfinder AI Routing Agent, please visit https://www.verses.ai/wayfinder#RoutingAgent. To learn more about becoming a VERSES partner, please visit https://www.verses.ai/partners.

Other related developments from around the markets include:

C3.AI Inc. announced that C3 Generative AI is now available on the AWS Marketplace. Adding C3 Generative AI to the AWS Marketplace accelerates the procurement and onboarding process, enabling customers to rapidly access C3 AI and AWS’s combined Generative AI expertise in just a few clicks. "We enjoy a robust partnership with AWS, its strength demonstrated by the large number and success of our mutual customers," said C3 AI CEO Thomas M. Siebel. "There is tremendous interest in C3 Generative AI on AWS. C3 Generative AI provides a natural language search interface that helps diverse users in the most complex organizations quickly and easily use LLMs and GPT to access enterprise data and AI insights."

Nvidia and WPP announced they are developing a content engine that harnesses NVIDIA Omniverse™ and AI to enable creative teams to produce high-quality commercial content faster, more efficiently and at scale while staying fully aligned with a client’s brand. The new engine connects an ecosystem of 3D design, manufacturing and creative supply chain tools, including those from Adobe and Getty Images, letting WPP’s artists and designers integrate 3D content creation with generative AI. This enables WPP's clients to reach consumers in highly personalized and engaging ways, while preserving the quality, accuracy and fidelity of their company’s brand identity, products and logos.

Microsoft announced that its board of directors declared a quarterly dividend of $0.68 per share. The dividend is payable Sept. 14, 2023, to shareholders of record on Aug. 17, 2023. The ex-dividend date will be Aug. 16, 2023.

Advanced Micro Devices announced the addition of two new, workload optimized processors to the 4th Gen EPYC™ CPU portfolio. By leveraging the new “Zen 4c” core architecture, the AMD EPYC 97X4 cloud native-optimized data center CPUs further extend the EPYC 9004 Series of processors to deliver the thread density and scale needed for leadership cloud native computing. Additionally, AMD announced the 4th Gen AMD EPYC processors with AMD 3D V-Cache™ technology, ideally suited for the most demanding technical computing workloads.

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.

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