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VERSES AI ( (VRSSF) ) just unveiled an update.
On March 9, 2026, Verses AI’s board approved a compensation package for interim CEO David Scott, providing $15,000 in monthly cash starting in March 2026 and 120,000 stock options priced at $0.68, vesting partly on grant and then weekly over a year, aligning his incentives with the firm’s performance during his interim tenure. The board also approved 50,000 restricted stock units for Scott that will be granted and fully vest only upon completion of a qualifying change-of-control transaction at or above a set share-price threshold, signaling a structured approach to leadership incentives in the event of a strategic sale or acquisition.
On March 10, 2026, Verses AI management hosted an investor webinar to update on technology progress and corporate matters, highlighting recognition by IEEE for the company’s role in helping define the Spatial Web standard and outlining the architecture and use cases of its Genius platform. Executives emphasized Genius’s active-inference-based design, its modular structure and enterprise-focused access model, as well as ongoing development to tackle complex benchmarks of human-like intelligence, underscoring Verses AI’s efforts to differentiate its technology and enhance transparency with investors.
More about VERSES AI
Verses AI Inc. operates in the artificial intelligence industry, developing a neuromorphic AI platform called Genius that is built around SENSE, THINK, ACT and SHARE modules to perceive, reason and act in physical and digital environments. The company focuses on enterprise deployments, particularly through SDK and API-based implementations for technically sophisticated customers, including in financial services, rather than mass-market users.
Average Trading Volume: 38,916
Technical Sentiment Signal: Sell
See more data about VRSSF stock on TipRanks’ Stock Analysis page.