Grants and Contributions:

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Title:

AI Assist : Video Search Platform Build

Agreement Number:

1026392

Agreement Value:

$74,741.00

Agreement Date:

Jan 1, 2025 - Mar 31, 2025

Description:

The proliferation of Large Language Models (LLMs) makes it possible for applications to be built that access those models and know as "intelligent applications" These applications will have wide ranging utility to streamline workflow and automate routine processes. The intelligence of the pre-trained data LLMs makes it possible to incorporate unstructured data and natural language This project will result in the first application development environment for users to build intelligent applications based on LLMs and other unstructured data sources. The Versos platform will expose a range of services, sometimes referred to as endpoints, through an API. Users will access these "services" to accelerate the building of intelligent applications

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Saint John, New Brunswick, CA E2L 5B2

Reference Number:

172-2024-2025-Q4-1026392

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

790636815

Recipient Type:

For-profit organization

Recipient's Operating Name:

Versos AI

Recipient's Legal Name:

Versos AI Inc.

Federal Riding Name:

Saint John--Rothesay

Federal Riding Number:

13009

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

511211