Category: AI

AI

Genesis Ai Corp.

CSE: AIG, OTCQB: AIGFF Spearheading Wildfire Prevention and Transforming Mining Through Ai The AI sector is on the cusp of a transformative journey, with its market poised for extraordinary expansion. Forecasts predicted a surge to USD $136.5 billion in 2022, setting the stage for an ambitious revenue target of USD $1.81 trillion by 2030. This projection not only signifies a substantial uptick in demand for AI technologies but also underscores the pivotal role AI is destined to play in shaping the landscape of technology and business strategies. The anticipated market value heralds a significant paradigm shift in the adoption of AI solutions, promising transformative effects on a global scale. With a focus on this dynamic future, Genesis AI Corp. emerges as a trailblazer in the realm of cutting-edge technology and data-driven solutions. Through a strategic tapestry of moves and partnerships, Genesis AI exemplifies unwavering commitment to innovation. Recent reinforcements to the development team, along with strategic collaborations and expansions, solidify Genesis AI’s position as a frontrunner in the ever-evolving domain of artificial intelligence. As the AI market becomes a magnet for investors, businesses, and innovators, Genesis AI stands poised to lead the charge into this transformative era. The projected USD $1,811.75 billion revenue for 2030 reinforces the vast potential of the AI market, amplifying its significance on the global stage. WildFire Prevention: Canada spends approximately $1 billion annually to combat wildfires, but indirect costs, including property loss, damaged infrastructure, industrial shutdowns, evacuations, health-related expenses, and economic losses in tourism, forestry, and energy, can escalate to several billion dollars each year. The 2016 Fort McMurray wildfire, costing around $9 billion, remains the most expensive natural disaster in Canadian history. Despite being a global leader in wildfire management and research, existing remote sensing tools fall short, prompting the development of innovative Canadian technology to provide wildfire managers with the necessary tools. The Genesis Project Director, Brent Tolmie, acknowledges the challenges faced, especially during the difficult summer in the Okanagan, emphasizing the need for effective solutions. Genesis Ai Corp. employs AI technology across three stages of wildfire management: PRE-Fire involves risk assessments and technological assessments for protecting forest lands and cities; DURING focuses on real-time modeling based on AI and ML simulations; POST includes capital allocation for restoration efforts and land management risk assessments. Genesis Ai Corp. is actively engaged in developing a proprietary generative AI model for real-world applications in precision geospatial analysis, forestry analytics, and the carbon sector, aiming to provide disruptive solutions to pressing issues. Devinder Randhawa and Mining/Exploration: Devinder Randhawa, a seasoned entrepreneur renowned for founding seven successful mining and exploration companies, such as Fission Uranium Corp., Fission Energy Corp., and F3 Uranium, has now transitioned into the dynamic realm of artificial intelligence (AI) as the President, CEO, and Director of Genesis AI Corp. His recent strategic move, acquiring AI GeoIntelligence, reflects a visionary approach to leveraging AI models for broader applications within his extensive mining industry connections. This strategic venture not only signifies Genesis AI’s expansion beyond North America but also positions the company to tap into lucrative markets for mining, carbon analysis, and geospatial projects. The cutting-edge mining modules developed by Genesis AI are poised to revolutionize resource exploration, benefitting from the sophisticated remote sensing technologies offered by AI GeoIntelligence. Devinder Randhawa’s leadership underscores Genesis AI’s unwavering commitment to harnessing AI for transformative solutions in natural resource applications, including precision geospatial analytics, forestry analytics, and mining exploration. This strategic collaboration seamlessly aligns with Randhawa’s wealth of experience in founding and leading companies in the mining sector, further solidifying Genesis AI’s pioneering role in AI-driven innovations for resource exploration and management. Recent Updates: Welcoming New Exceptional Talent: Genesis AI Corp. announces the newest additions to its esteemed development team – Filippo Vescovi, Vaibhav Padaval, and Mason Pahl. With a collective wealth of expertise in data science, GIS, and mining industry knowledge, these professionals bring a fresh perspective to the dynamic team, propelling the headcount to an impressive 20. Their roles span critical areas, from enhancing mining modules to revolutionizing forest and carbon analysis, showcasing Genesis AI’s commitment to comprehensive and diverse solutions. Strategic Option Agreement with AI GeoIntelligence: In a strategic move to expand its global footprint, Genesis AI Corp. has entered into an option agreement to acquire 100% of AI GeoIntelligence, a Denver-based firm specializing in AI applications for forest data. This acquisition opens up a realm of opportunities in Australia, where AI GeoIntelligence’s operations include advanced data gathering, processing, and analysis. The synergy between Genesis AI and AI GeoIntelligence is poised to drive innovations in early wildfire detection, sustainable land management, and carbon offsetting. The payment structure, with three USD $50,000 payments over six months, reflects Genesis AI’s commitment to responsible and measured growth. The acquisition of AI GeoIntelligence aligns seamlessly with Genesis AI’s mission to provide unparalleled AI capabilities on a global scale. DTC Eligibility and Enhanced Liquidity: In a move that underscores its commitment to investor accessibility, Genesis AI Corp. has secured eligibility for its common shares through the Depository Trust Company (DTC) in the United States. This milestone streamlines the trading process and enhances liquidity for investors, marking a significant step in the company’s journey towards increased market presence and investor engagement. Empowering Development with Empower Integrated Solutions: Genesis AI Corp. has strategically engaged Empower Integrated Solutions Pvt Ltd., a leading technology contractor based in India. This partnership amplifies Genesis AI’s development capabilities, with Empower Solutions providing a range of services, from project management to mobile application development. This collaboration not only accelerates development but also reflects Genesis AI’s commitment to leveraging global expertise for efficient and cost-effective solutions. Nurturing Talent and Collaboration with University of British Columbia: In a testament to its dedication to fostering innovation at its roots, Genesis AI Corp. has collaborated with the University of British Columbia. By hiring co-op students specializing in computer science, Genesis AI is not only contributing to the development of the next generation of professionals but also infusing fresh perspectives into its projects, particularly the Genesis wildfire module. This collaboration emphasizes the symbiotic relationship between academia and industry, ensuring a steady influx of creativity and expertise. Summarization: Genesis AI Corp. stands as a trailblazer in the rapidly expanding AI sector, capitalizing on the projected market surge to $1,811.75 billion by 2030. Led by CEO Devinder Randhawa, the company exemplifies an unwavering commitment to innovation and strategic growth. In addressing critical global challenges, Genesis AI employs AI technology for transformative effects, particularly in wildfire prevention. The acquisition of AI GeoIntelligence positions the company for global impact, especially in Australia, where advanced data gathering and analysis offer opportunities in early wildfire detection and sustainable land management. Notably, Genesis AI extends its reach into the mining and exploration sector, leveraging Randhawa’s expertise to pioneer AI-driven solutions. The collaboration with AI GeoIntelligence aims to revolutionize resource exploration through cutting-edge mining modules and remote sensing technologies. This strategic move aligns seamlessly with Genesis AI’s broader mission to harness AI for transformative solutions in natural resource applications, including precision geospatial analytics and forestry analytics. Recent developments, such as welcoming new talent to the development team, entering into a strategic option agreement with AI GeoIntelligence, securing DTC eligibility for common shares, and partnering with Empower Integrated Solutions and the University of British Columbia, underscore Genesis AI’s commitment to comprehensive and diverse solutions. These initiatives not only highlight the company’s dedication to responsible and measured growth but also emphasize its pivotal role in shaping the future of AI-driven technologies across industries. Genesis AI Corp.’s multifaceted approach positions it as a key player in driving global advancements in artificial intelligence and its transformative applications.
The Insider Edge on
AI

Genesis AI Corp.

$AIG:CN $AIGFF:OTCPK The Train has left the station Genesis AI Corp. stock has been on the move recently up 78.5% since we last wrote about them a month ago, finishing at a new All Time High today, October 10th 2023, since the pivot of business. Investors are closely watching as the companies stock price keeps climbing due to company news, marketing and investors gathering understanding of the company and its potential. Genesis AI Corp.’s use of generative AI and geospatial analytics in Woodlands.ai presents a promising opportunity to address the pressing challenges posed by climate change and forest fires. This technology has the potential to not only transform forest management but also play a crucial role in safeguarding forests and communities from the growing threat of wildfires. This potential for positive impact could drive significant growth in the company’s stock. Recent updates: September 18th, 2023: Genesis Ai Corp. has appointed Geoff Fawkes as its Chief Technology Officer (CTO), a seasoned technology executive with expertise in software development and management. Fawkes previously led the development of Woodlands.ai, a significant AI solution for digital forest modeling. He brings experience from roles at Carbonethic, BuildDirect, and DDS Wireless, along with global software development experience. Genesis Ai is developing a generative AI model called Woodlands.ai, with applications in geospatial, forestry analytics, and carbon sectors. They plan to create modules for wildfire prevention, mining optimization, carbon modeling, forest management, and urban asset modeling. These modules are expected to be commercialized by 2024. September 20th, 2023: Genesis Ai Corp. has appointed Mr. Jake McGregor as its Director of Product Innovation. McGregor is a technology executive with a background in AI software development and business management, recognized as a Top 30 under 30 leader by BC Business in 2022. He co-founded Avenue Intelligence, focusing on urban space mapping solutions. McGregor’s expertise spans AI/ML for natural resources, mining exploration, geospatial technology, and AR visualization. He is pursuing an MBA at the University of British Columbia and holds a Bachelor’s degree in Geography and a Business Certificate from the University of Guelph. Previously, McGregor served as COO and President of Minerva Intelligence (now Aisix Solutions Inc.), contributing to the development of AI platforms for mineral exploration and natural hazards. Minerva’s geology division was sold to Bentley Systems, Incorporated in December 2022. Marketing Services: Genesis Ai Corp. has also engaged Torque Capital Partners for a 3-month AI marketing campaign, targeting the U.S. investor community. They will provide investor relations, marketing, and consulting services, with an upfront payment of $40,000 CAD. September 25th, 2023 Genesis Ai Corp. has secured a listing on the OTCQB Market in the United States, effective September 25, 2023, trading under the symbol “AIGFF.” This move aims to provide easier access and trading options for institutional and retail investors, enhancing share liquidity and expanding awareness of the company’s technology. The company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol “AIG.” Genesis Ai Corp. has also applied for DTC eligibility from the Depository Trust Company, which would simplify the process of trading its common shares, with approval expected soon. October 5th, 2023 Genesis Ai Corp. is collaborating with the University of British Columbia, hiring third-year Computer Science Co-Op students to work on their wildfire prevention technology, with more joining in January. Roles for the students include Co-Op Applied Science Analyst, focusing on AI/ML for Woodlands.ai and related mining projects, and Co-Op Software Engineer, working on various software development tasks. Genesis CEO, Dev Randhawa, emphasizes their commitment to supporting student development and practical experience. Marketing Services: Genesis Ai has enlisted Gina Capital Ltd. for investor relations and consulting services, targeting the German stock market and German-speaking investors. This program will run from October 6, 2023, to January 6, 2024, with an upfront payment of €50,000 euros. Conclusion: Genesis Ai Corp. has recently made several notable announcements: they’ve collaborated with the University of British Columbia, enlisting Computer Science Co-Op students to enhance their wildfire prevention technology; engaged Gina Capital Ltd. for investor relations services with a focus on the German market; qualified for trading on the U.S.-based OTCQB Market to broaden accessibility to their shares; appointed Jake McGregor as Director of Product Innovation, an expert in AI/ML and geospatial technology; and employed Torque Capital Partners for a U.S.-Canada focused marketing campaign. Additionally, they’ve welcomed Geoff Fawkes as Chief Technology Officer, who brings extensive experience in AI, eCommerce, and software development. With all these significant developments, coupled with the initiation of marketing efforts, there’s a potential for a substantial positive movement in the company’s stock price. These strategic collaborations, acquisitions, and appointments reflect Genesis Ai Corp.’s commitment to advancing its technology and expanding its reach in various markets, making it an attractive prospect for investors.
The Insider Edge on
AI

Genesis AI Corp.

$AIG:CN $AIGFF:OTCPK A New Type of Landscape Overwatch A Game-Changer in Forest Management The Current State of the World In a world grappling with climate change and escalating forest fires, the need for innovative solutions has never been greater. Why $AIG.CN $AIGFF:OTCPK could have a massive run, with the current state of the world: The potent blend of generative AI and geospatial analytics, exemplified by Genesis AI Corp.’s Woodlands.ai. This synergy offers transformative possibilities for redefining forest management and bolstering responses to escalating wildfires. By utilizing AI to create digital forest replicas, this approach enables predictive insights for fire behavior, sustainable forestry practices, and accurate carbon offset evaluation. In the backdrop of intensifying forest fires, this innovation holds key to informed real-time strategies for effective disaster response, contributing to the resilience of forests and communities. Genesis AI Corp. Overview Company Background Genesis AI Corp. is a cutting-edge company focusing on precision geospatial, forestry analytics, and the carbon sector using AI. Woodlands.ai: The Game-Changer Their flagship product, Woodlands.ai, offers transformative possibilities for redefining forest management and bolstering responses to escalating wildfires. Financials Private Placement Offering Genesis AI Corp. (CSE: AIG) has successfully closed its non-brokered private placement. The combined aggregate of the Offering and the Debt Settlement amounts to $1,601,909. Funds raised include $1,285,760 from the issuance of 18,367,998 Units at $0.07 per Unit and $316,150 settled against outstanding debt. Each Unit comprises a Common Share and a Warrant. Each Warrant entitles the holder to purchase one Common Share at $0.11 per share over 24 months. Finders fees of $4,483.50 have been paid to approved finders in connection with the offering. Debt Settlement and Insiders’ Participation Debt settlement agreements with insiders and consultants involve settling $316,150 in debt for 4,516,429 units. Common Shares from the Debt Settlement have a statutory hold period of four months plus a day. Debt Settlements can’t close before five business days from the announcement’s date. Officers and Directors participated in the private placement and Debt Settlement: They obtained 5,914,286 Units through the private placement. They acquired 4,066,429 Units through the Debt Settlement. Use of Proceeds Net proceeds from the Offering has funded the acquisition of generative AI intellectual property assets (“Woodlands.ai”) from Carbonethic through the LOI (“Carbonethic”). Woodlands.ai involves generative AI natural resources models for creating digital twins of real-world forests. Digital forests have various applications Wildfire: This module aims to provide solutions for all phases of wildfires, including prevention, response, and post-fire recovery, using AI to analyze historical fire data and environmental changes. Mining: The mining module will optimize the exploration process and asset quantification through subsurface digital twinning, allowing for faster and more accurate assessments. Carbon: This module will work on developing accurate carbon models by digitally twinning forests and ranges, promoting trust, transparency, and reliability in the forest removal and avoidance industry. Forestry: The forestry module will focus on optimizing forest intelligence. Urban Interface: This module will model the impact of biological assets on cities and towns. Genesis Ai Corp. plans to develop the wildfire, carbon, and mining modules first and aims to achieve full commercialization by 2024. Insider Participation Officers and Directors’ Involvement The involvement of officers and directors in the private placement and debt settlement indicates strong internal confidence in the company’s future. Recent Developments Big Movement and Volume The company’s stock has recently witnessed substantial fluctuations in both its price and trading volume, indicating a noticeable increase in investor interest. As of the latest data, the stock is currently valued at $0.14 per share, and a significant surge in trading activity has been observed, primarily driven by the recent completion of the acquisition deal for the Woodlands.ai asset. Future Prospects With its innovative technology and strong financials, the future looks promising for Genesis AI Corp. Conclusion The Transformative Power of Genesis AI Corp. Genesis Ai Corp, based in Kelowna, is focused on utilizing artificial intelligence to better manage natural resources, particularly in the context of forest management and wildfire prevention. The company’s aim is to predict forest fire behavior, improve response times, and build more resilient forests through effective management. They are developing several modules, including forest inventory, carbon offset analysis, fire risk and recovery, urban planning, and natural resources analysis. With the increasing demand for geospatial data analytics in disaster management and the precision forestry market expected to expand, Genesis Ai Corp is well-positioned in these sectors, particularly in North America. Their initiatives also cater to governments, landowners, forestry companies, carbon project developers, and more. The company’s executive management and board are dedicated to driving these initiatives forward. Genesis AI Corp. is not just another tech company; it’s a beacon of hope in the fight against climate change and forest degradation. Website:
Home 2
The Insider Edge on