VERSES is Blockchain agnostic which means you can use multiple chains and even operate a hybrid data layer using both DLT technologies and the cloud. On September 21, 2022, VERSES introduced the creation of its new Artificial Intelligence Lab and Sensor Fusion Research Facility, showcasing their technology portfolio, including COSM, and providing an immersive space for data science and product development teams to cultivate advanced adaptive intelligence solutions required for translating diverse data into contextual awareness between humans, machines and AI in physical and digital spaces. Smart Contracts, at the heart of DLTs, are a programmable set of rules, stored on Blockchains, and run when certain pre-determined conditions are met. These automated, self-executing & immutable strings of code are recorded onto Distributed Ledger Blockchains, securing transactions & agreements by replacing static documents and the need for third party mediation. Through intelligent automation, Smart Contracts secure the management of property rights, spatial rights, proof of origination, verifiable traceability, and auto-execution of payments and transfer of assets, providing security, protecting privacy, and allowing risk-free interoperability -- all essential to a favorable and prosperous augmented and networked Web 3.0 experience.

Drexel University has a brand new lab dedicated entirely to artificial intelligence. It's being used by 100 students who are getting master's degrees while working with the company D.X.C. Technology. They will use the space to work alongside professionals to develop and launch new products for D.X.C., which specializes in I.T. services and solutions.

Facebook on Tuesday announced the opening of a new artificial intelligence lab in Paris to expand a push to make its online social network smarter and more profitable. The new Paris AI lab--the third after two it operates in the United States--has six researchers at work and will more than double that number by the end of the year, executives from the US-based company said. The recruits will come from France's top public and private technological institutions. Since 2013, Facebook has been looking to push the envelope for artificial intelligence. It hired Yann LeCun, a renowned French professor at New York University specialised in "deep learning" algorithms, to run the initiative.