Mentioned:
A publicly traded company in Canada might have just hit a major breakthrough in artificial intelligence technology.
What’s happening:
- VERSES AI (CBOE: VERS) has announced their Genius system has outperformed OpenAI’s o1 Preview model in a comparison based on the code breaking game Mastermind
By the numbers:
- Both VERSES AI and OpenAI’s models played 100 games of Mastermind, with Genius being able to solve 100% of the games and OpenAI being able to solve 71% of the games
- Genius was also approximately 140x faster than o1 Preview, completing all the games within 5 minutes compared to OpenAI’s model taking 12.5 hours
- The computing cost of Genius to play 100 games was roughly $0.05c compared to the cost of running o1 Preview which was around $230 USD
Why it matters:
- The new performance data could represent a major paradigm shift in the ability for Genius to logically reason, which is highly important for applications such as cybersecurity, fraud detection and forecasting complex systems
Going deeper:
- There is enormous excitement in both Silicon Valley and Wall Street around developing new types of artificial intelligence models, which notably led to Advanced Micro Devices (NASDAQ: AMD) just recently leading a large financing round for Liquid AI
Market reaction:
- Shares of VERSES AI surged more than +100% following the announcement
