GenesisAI ← Netcapital

Introduction

“We would like to lay a foundation for the creation of Artificial General Intelligence and smash the current oligopolistic system of a few large companies basically owning all the AI.”

Archil Cheishvili

CEO @ GenesisAI

Deal Highlights

Harvard alumni with work experience at Bridgewater Associates.
Globally recognized investors and advisors with multi-billion-dollar exits, including former Dean of MIT Engineering and Harvard/MIT professors.
$2.2 million previously raised from 2,000+ investors.
The market for AI services is estimated to reach $5.5 trillion by 2027.
If we achieve our vision, we believe GenesisAI has the potential to become one of the most valuable technologies of all time.
A global AI network that just works.

Founders

Archil Cheishvili

CEO & Business Development

Economics, Harvard University. Previous experience at Bridgewater Associates. Serial entrepreneur. Recognized by media outlets including the New York Post, Forbes, and Yahoo Finance.

Mina Pascalito Nassif

Engineering & Product

PhD in Applied Physics, MS in Computational Science and Engineering both from Harvard John A. Paulson School of Engineering and Applied Sciences. Published multiple scientific papers and raised over $1 million in research grants.

Advisors

Professor Thomas Magnanti

Former Dean of Engineering, MIT

Institute Professor, MIT
Former Dean of Engineering at MIT. Institute Professor. Founding Director of the Singapore-MIT Alliance for Research and Technology (SMART).

Neil Flanzraich

Lead Independent Director, Chipotle

Former President of Ivax Corporation
Lead Independent Director of Chipotle. Former President of Ivax Corporation (acq. by Teva for $10B). Executive Committee member of Syntex Corporation (sold to Roche Holdings for $5.3 B).

Travis May

CEO, Datavant

Founder & CEO, LiveRamp
Former CEO of LiveRamp (acq. by Acxiom for $310 mil). CEO of Datavant. Forbes 30 Under 30.

Professor Tim Kraska

Associate Professor, MIT

AI/ML Expert
Associate Professor Computer Science at MIT CSAIL. 2017 VMware Systems Research Award Recipient. Widely recognized for early work on hybrid human-machine data management.

Professor Stratos Idreos

Associate Professor, Harvard

Leads Data Systems Laboratory, Harvard SEAS
Associate Professor in Computer Science at Harvard University. Leads the Data Systems Laboratory at Harvard School of Engineering and Applied Sciences.

Professor Elie Ofek

Professor, HBS

PhD in Business Administration, Stanford
Professor of Business Administration in the Marketing unit at Harvard Business School. Development engineer at IBM Research.

Recommendations

“GenesisAI is fighting back against AI oligopolies by creating the first, open access, marketplace of AI that does not exclude or discriminate against anyone. Its benefits will be shared by all.”

Neil Flanzraich

Investor in GenesisAI. Lead Independent Director of Chipotle. Former President of Ivax Corporation (acq. by Teva for $10B). Executive Committee Member of Syntex Corporation (sold to Roche Holdings for $5.3 B).

Problem

When we were developing Palatine Analytics (a startup selling AI-powered employee performance monitoring systems), we learned that AI development is hindered by two fundamental problems:

AI development is expensive
Independent AI developers can neither monetize nor share their code.
Today, there are only around 10,000 AI developers in the world. 99% of companies cannot afford to hire their own team of AI engineers to create in-house AIs, nor do they have enough technical capabilities to correctly determine from which open-source APIs to grab existing AI code.
Astoundingly, there is no way for AIs to exchange data, learn from each other, leverage their capabilities, and trade services— let alone judge the quality of AIs (there is no reputation system). AIs are operating in a closed environment.

Solution

So we built GenesisAI.

GenesisAI is a Machine Learning protocol. On top of this protocol, we are building a marketplace for AI products and services - an Amazon for AI services. The marketplace, which includes a built-in reputation system, connects companies in need of AI services, data, and models with companies interested in monetizing their AI tech. Initially, GenesisAI is focused on asset management space.

Market

The AI service market is projected to reach $5.5 trillion by 2027.

Transparency Market Research

Companies want this.

We have a beta product and have agreements with over 20 AI supply-side firms who wish to place their product on our marketplace and demand-side firms who wish to purchase products on our marketplace.

Why Invest?

All in all, if you believe in supporting our mission, join us and help us enable anyone in the world to access AI.

Large corporations will no longer be the only entities able to develop and utilize AI. We believe in making AI accessible: “for the people, by the people.”
By linking AI services with each other and increasing the supply of AI services, GenesisAI provides a web platform that offers low-cost AI services. This makes AI technology more efficient and affordable for businesses.
Our technology enables different AIs to communicate with each other, exchange data and trade services. Anyone can develop and purchase AI services.

Invest to help us further develop our promising technology. The time is now.

FAQs

What does your company do?

We allow you to buy that top-of-the-line natural language processing technology that your company always wanted rather than building it yourself. You don't need a team of AI experts to use AI to your advantage -- just buy the software on our marketplace. We provide an efficiency boost to the market as a whole by making AI accessible and usable for numerous various-sized businesses.

Where will your company be in 5 years?

We hope to abstract beyond the technical expertise needed to implement AI and allow companies with no technical knowledge to tap into the benefits of this wonderful technology. Our goal is to get rid of an oligopolistic system where a few large tech companies hold a strong majority of the AI industry, and we hope to be significantly closer to this vision in five years.

Why did you choose this idea?

We would like to lay a foundation for the creation of Artificial General Intelligence and smash the current oligopolistic system of a few large companies basically owning all the AI.

How do you make money?

We will provide the protocol that allows people to make transactions on the platform, and we plan to take a small percentage of the transaction value. Our revenue forecasts are based on a transaction fee of 30%, which is likely to be the final value we will charge. This charge is very low if we compare it with how much money you would spend in marketing to get the same transaction volume you are getting on GenesisAI.

Can you make an example of AI interoperability (when you say that simple AI services can be combined to perform more complex services?

Say Node A (a hotel) pays Node B to get a summary of customer behavior depending on different variables and recommendations to increase the customer base. Node B can pay Node C for a service that uses pattern recognition to recognize the hotel's customer behavior and customer pain points. After receiving the output from Node C, Node B can use the input from Node C to come up with promotions that address the main pain points.

How do you solve privacy issue (companies not wanting to send sensitive data)?

Data will be encrypted in a way that machine learning code developers can still use it to train their codes without accessing sensitive information. No sensitive information will be shared with developers.

How will you use the capital you raise?

Our top priority is to build a robust technology. The team plans to scale the platform as we expect the number of customers to quickly rise, requiring us to invest in scalable IT infrastructure. Our second priority is dealing with sales & marketing and spending all the resources that are necessary to find the best AI services, data providers, and clients.

When do you expect to generate revenues?

Right now, we are not trying to generate revenue, but we are quickly reaching our monthly product development goals to build something that works and gets people to believe in the platform. We are doing a great job in generating pre-registrations for companies that believe in our platform and will join at the time of the launch. Our detailed revenue forecast until 2025 can be found in our slide deck (attached), though projections are not guaranteed.

What is Artificial Intelligence?

In simple words, Artificial Intelligence is an area of computer science that tries to simulate human behavior in a machine. This concept is revolutionary because it starts from the assumption that a well-functioning AI code won’t need any human direction. For example, if we run a big amount of online data to generate a market research on a particular industry, we won’t have to tell the code which trends to analyze, but the code will recognize the trends for us.

What problem does GenesisAI solve?

There is no communication between AIs; there is no way for AIs to exchange data, trade services, learn from each other, or expand their own capabilities. We match unused resources (in-house developed AIs and open-source Github AI code) with companies in need of these resources. The connector of these two parties will unlock trillions of dollars in market value.

Why your team is uniquely qualified to solve this problem?

Our team has the right mix of what it takes to solve this problem:
Founders – Founders studied at Harvard, and have work experience in the AI industry and in companies like Bridgewater.
Advisors – 2 multi-billion-dollar exits, former Dean of MIT Engineering, $310M exit, MIT AI/ML professor, 2 Harvard computer science professors, 2 Harvard Business School professors.

What is the difference between AI and beneficial Artificial General Intelligence (AGI)?

Artificial General Intelligence is the final goal of everyone that works in the AI space. Narrow Artificial Intelligence is a code that performs a certain task, like image or speech recognition, which are two tasks typical of the human brain. AGI would come from the combination of all these narrow tasks, with the ultimate goal of creating a mastermind (the AGI) that is able to perform any task that our brain is able to perform (and more).

Why would companies not buy services directly from sellers’ website? Why do they need us?

By using our services, we expect companies will have access to a number of services that are currently out of their reach for network reasons, geographic reasons, or other reasons. When they access the marketplace, they can search for the service they want, and our system is designed to couple them with some existing provider, similar to how Uber matches drivers and riders. This system prevents companies from skipping us, because we plan to couple them with the service provider, and we anticipate they will rely on our platform to evaluate service quality and choose the most appropriate service from a numerous set of services.

How do you guarantee liquidity to equity investors?

We anticipate our first years of operations will focus on organic growth, revenue stabilization, and achieving breakeven. When these goals are achieved, we hope to start thinking about liquidity events that may be able to give investors the opportunity, if they want, to generate sizable returns (but cannot guarantee that).

Use of Proceeds

If the offering's maximum amount of $3,800,006 is raised:

Use	Value	% of Proceeds
Payroll	$2,179,103	57.3%
Sales Marketing	$1,021,998	26.9%
Legal	$301,999	7.9%
Accounting	$110,706	2.9%
Intermediary fees	$186,200	4.9%

Terms

This is a side-by-side offering of Common Stock, under registration exemptions 4(a)(6) and 506(c), in GenesisAI Corporation. Up to $444,608.71 may be raised under the 4(a)(6) exemption. Netcapital will determine which exemption applies to your investment and notify you before you complete your investment. For any 506(c) investment that is less than $5,000, the Company has agreed to pay a processing fee of $245 in lieu of the 4.9% intermediary fee.

The amount raised under the two exemptions must total at least $10,000 by July 17, 2021 at 12:58am ET. If the total doesn’t reach its target, then your money will be refunded. GenesisAI may issue additional securities to raise up to $3,800,006, the offering’s maximum.

$10,000 minimum

$2,573,950 raised

If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:

4,651,343 shares

$11.06 per share

$51,443,854implied valuation

Pitch Deck

Technical paper

Financials

These financial statements have been audited by an independent Certified Public Accountant.

CPA audit report

SEC Filings

The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.

Latest Offering Statement

We’re also required to share links to each of the SEC filings related to this offering with investors.

Understand the Risks

Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.

Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.

The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

More Info

Updates

May 18, 2022
We have around 400 people registered for our...
We have around 400 people registered for our product launch event! Join us on May 19th, at 12 pm ET! This is a big day for all of us as we will be launching what we have been building for the last couple of years. This is going to help us to increase revenue and numbers of users. Our team members will be presenting major developments.

Register Today! Registering in advance is required. After registering, you will receive a confirmation email containing information about joining the Launch Event: https://us06web.zoom.us/webinar/register/WN_AFsZ79JKQUq4vHS2TYS3jQ

Archil Cheishvili

CEO, GenesisAI

Disclaimer: https://invest.genesisai.io/disclaimers
May 16, 2022
I am glad to announce that we have around 300...
I am glad to announce that we have around 300 people registered for our product launch event. Join us on May 19th, at 12 pm ET! This is a big day for all of us as we will be launching what we have been building for the last couple of years. This is going to help us to increase revenue and numbers of users. Hope you will join us.

Register Today! Registering in advance is required. After registering, you will receive a confirmation email containing information about joining the Launch Event. https://us06web.zoom.us/webinar/register/WN_AFsZ79JKQUq4vHS2TYS3jQ

Archil Cheishvili

CEO, GenesisAI

Disclaimer: https://invest.genesisai.io/disclaimers
May 12, 2022
Hello GenesisAI community, Archil, CEO of...
Hello GenesisAI community,

Archil, CEO of GenesisAI here. I had the pleasure to give a keynote speech at the premier conference in Silicon Valley: Globalize Silicon Valley Conference. I spoke about how to lay the foundation for Artificial General Intelligence. The conference was attended by numerous VCs and software engineers from Google, Uber, and so on. This was a great way to way to meet investors and potential new hires: https://globalize.ge/case-studies/silicon-valley-conference/

Moving forward, GenesisAI is holding a platform Launch event on May 19th at 12 pm ET. We are going to have incredible announcements. If you have not registered already register here: https://us06web.zoom.us/webinar/register/WN_AFsZ79JKQUq4vHS2TYS3jQ

See you at the launch event,

Archil
May 10, 2022
Join us on May 19th, at 12 pm ET! We will be...
Join us on May 19th, at 12 pm ET! We will be launching the GenesisAI AI marketplace. We will showcase the product, discuss milestones we have achieved and chat about what the future holds. Investors, users, and team members will be joining to present and ask questions.

Register Today! We have major announcements lined up! Registering in advance is required. After registering, you will receive a confirmation email containing information about joining the Launch Event.

https://us06web.zoom.us/webinar/register/WN_AFsZ79JKQUq4vHS2TYS3jQ
May 5, 2022
Have you ever wondered how your grandparents...
Have you ever wondered how your grandparents looked when they were very young? With the power of AI we can restore old low quality images and produce much higher resolution images: https://youtu.be/kG5b756fRKM

To sign up: https://genesisai.io
May 3, 2022
We deployed a technology that allows anyone in...
We deployed a technology that allows anyone in the world to discover the truth - whether the video is fake or not. Check out the live demo here: https://youtu.be/ToEvjGFD3fM

To sign up to use the DeepFake detector go here: https://genesisai.io

https://invest.genesisai.io/disclaimers
Apr 29, 2022
Around a year ago we used to have around 6 AI...
Around a year ago we used to have around 6 AI tools on our platform. Now we have around 6 times more! Our engineers did an incredible job of building infrastructure for AI developers to deploy their tools on our platform. They also did a fabulous job on deploying next-generation AI models by themselves - feeding the marketplace with A+ models. We are stronger than ever. With 35+ models we expanded the usability and scope of our platform and expect this to drive substantial growth in users and revenue. Moving forward we plan to deploy at least 10 models in the next few months. Exciting times ahead! For the full post visit: https://discord.gg/sMaTDzNV4J Disclaimer: https://invest.genesisai.io/disclaimers/
Apr 25, 2022
Hello GenesisAI community, It is my great...
Hello GenesisAI community,

It is my great pleasure to invite you to AI2027, the premier AI conference organized by GenesisAI. The event will take place on 24-25 May, 2022 at the Hyatt Regency in Miami.

We are organizing an AI conference to bring leading voices in AI together in downtown Miami. We have over 30 speakers confirmed including the Machine Learning lead at Verizon and Global Strategy and Operations Leader at AI research at IBM. Attend the event to meet world-class speakers + GenesisAI community members - founders, employees, and investors.

To register go to: https://www.miamiai.io/

I look forward to welcoming you to the AI2027 conference.

Sincerely,

Archil CEO, GenesisAI
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Apr 22, 2022
New hire! Former Software Engineer from Google!...
New hire! Former Software Engineer from Google! I am thrilled to announce that Levan Varamashvili joined us as a Software Engineer. Levan was at Google for 7 years; he brings immense experience in software engineering and therefore is an ideal candidate in helping us to build the future of AI! Before Google, Levan worked at VMware - a pioneer in computer networking. With the addition of Levan, we are as strong as we have ever been! Levan will be working on developing the backbone of the GenesisAI platform.

We are moving forward and moving fast! To view the full post visit: https://www.facebook.com/OfficialGenAI

Cheers, Archil

Disclaimer: https://invest.genesisai.io/disclaimers
Apr 7, 2022
Hello Friends, We got featured at Insidebigdata...
Hello Friends, We got featured at Insidebigdata - a premier news website focused on AI & Deep Learning. In this article, Insidebigdata mentions how GenesisAI is solving the problem of AI models operating in the closed environment - https://insidebigdata.com/2021/08/11/insidebigdata-latest-news-8-11-2021/ “ There is no channel for information sharing between AI products. The lack of such data impedes the ability and scope to learn from one another and improve the existing technology. Fortunately, GenesisAI is a web platform that enables different AIs to communicate with each other, exchange data, and trade services. Furthermore, it aims to help the entire AI industry overcome obstacles and make AI accessible and affordable for all.” The biggest holdback of AI innovation is that AI tools operate in silos. We believe that whoever solves this problem will speed up AI innovation by multifold. Our goal is to be the company which does this. Interested in joining the AI uprising? check the full post here: https://www.facebook.com/OfficialGenAI Cheers, Archil Disclaimer: https://invest.genesisai.io/disclaimers
Mar 28, 2022
GenesisAI got recognized as one of the most...
GenesisAI got recognized as one of the most innovative Machine Learning companies in Boston. We got recognized as one of the most innovative Machine Learning companies in Boston along with companies like DataRobot which has a valuation of $1B+! Futurology tried to pick companies across the size spectrum from cutting-edge startups to established brands - https://futurology.life/101-most-innovative-massachusetts-based-machine-learning-companies/ They selected us for exceptional performance in one of these categories: Innovation Innovative ideas Innovative route to market Innovative product Growth Exceptional growth Exceptional growth strategy Management Societal impact
We are honored to be part of the list and we believe in our ability to continue innovating in the AI space! To see the full post visit here: https://www.facebook.com/OfficialGenAI Cheers, Archil Disclaimer https://invest.genesisai.io/disclaimers
Mar 24, 2022
Here is GenesisAI CEO’s article published on...
Here is GenesisAI CEO’s article published on Entrepreneur -https://www.entrepreneur.com/article/376939 This gives us great exposure as Entrepreneur is one of the largest news companies. In the article, Archil talks about what everyone should know about AI’s impending power. Here is a sneak peek: “Superior machines will improve themselves without our involvement” For the full announcement check here: https://www.facebook.com/OfficialGenAI Disclaimer: https://invest.genesisai.io/disclaimers
Mar 21, 2022
GenesisAI featured at a top startup growth blog...
GenesisAI featured at a top startup growth blog York IE! We are getting more and more exposure every day. York IE featured us!
Check it out here - https://fuel.york.ie/news/data-ai/entrepreneur-spotlight-archil-cheishvili-ceo-genesisai. York IE is ranked #23 on Feedspot’s Top Startup Blogs and gets thousands of page views a month from entrepreneurs, operators and investors.CEO of GenesisAI is asked questions about why he started GenesisAI with his Co-founders and why the problem GenesisAI is solving is important! Also, there are personal questions asked for example which entrepreneur Archil admires …

To check the rest of the update visit here: https://www.facebook.com/OfficialGenAI Communication disclaimer: https://invest.genesisai.io/disclaimers
Mar 18, 2022
Hello GenesisAI community, We have some...
Hello GenesisAI community,

We have some exciting updates! For an update visit here https://www.facebook.com/OfficialGenAI and here https://invest.genesisai.io/

We’ve made excellent progress!
- We started generating revenue in 2022!
- We hired software engineers from Google, Amazon, and Salesforce!
- We hired over 10 new employees.
- We’ve now assembled a world-class team of 15 people with a proven track record of execution and success … to check the rest of the update visit here https://www.facebook.com/OfficialGenAI
Sincerely, Archil CEO, GenesisAI Disclaimer: https://invest.genesisai.io/disclaimers
Feb 21, 2022
Check out the article by CEO of GenesisAI on...
Check out the article by CEO of GenesisAI on the front page of the VentureBeat. CEO of GenesisAI, Archil talks about how to pave the way for hyperautomation for businesses. VentureBeat is one of the largest news companies with (around 12 million monthly page views)! It is great to see Archil’s thought leadership at prominent news companies. https://venturebeat.com/2022/02/21/running-multiple-apis-side-by-side-with-ai-paves-way-to-hyperautomation-for-business/
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Feb 8, 2022
Hello everyone, it is my great pleasure to...
Hello everyone, it is my great pleasure to invite you to AI2027, one of the World’s Leading AI Summits which will take place on 24-25 May 2022 at the Hyatt Regency in Miami.

AI2027 Miami seeks to establish itself over the next years as a key event regarding artificial intelligence and its development prospects. The CEOs of funded AI startups with commercial use activities will participate in the Forum, along with venture capital firms, publicly traded companies, big tech, senior executives of international organizations, and leading experts.

To register go here - https://bit.ly/3gseNRI

I look forward to welcoming you to the AI2027 international forum 2022.
Jan 10, 2022
We are going to use Discord as a communication...
We are going to use Discord as a communication channel. GenesisAI community communication will take place there. If you will have any questions please post them there and I will promptly respond there. For people, who do not know what is Discord, it is an instant messaging platform. Users communicate with voice calls, video calls, and text messaging. Here is an invitation link to join our channel! https://discord.gg/4gtBhtnHpr
Visit
Dec 23, 2021
GenesisAI team wishes you a Joyful Christmas...
GenesisAI team wishes you a Joyful Christmas and a bright New Year. Let this year bring incredible success, happiness, and lots of opportunities. We are grateful to have your support in building GenesisAI! Together we are stronger! We believe that 2022 will be a transformational year for all of our stakeholders! We hope 2022 will be a year of victory!

We wish you a lovely holiday season
Dec 15, 2021
New Team member & Article in Entrepreneur!...
New Team member & Article in Entrepreneur!

Hello GenesisAI community,

I hope everyone is excited for Christmas and New Year’s day. GenesisAI has made an incredible progress in this quarter.

We have a new hire! Artiom Bell joined us as Software Engineer. He worked at Salesforce for 5 years as a Software Engineer and previously was a Software Engineer at American Express. He has B.S in Computer Science. With Artiom’s help we will get closer to achieving our vision of AI for all!

Check out Archil’s article in Entrepreneur- How Artificial Intelligence Will Shape Our Future. Archil talks about How AI will shape every aspect of our daily lives.

https://www.entrepreneur.com/article/376917

We will win!
Nov 17, 2021
Big product update! New Demo Video We have made...
Big product update! New Demo Video We have made incredible progress with the product. Now we have over 30 AI tools on our platform! We also enhanced the product in many ways - added major features that allow people to discover, test, and integrate different AI tools.

The biggest product enhancement is that now people can integrate AI (AI API) by copy-pasting a simple code in their coding environment. If you are a developer, I highly encourage you to sign up and start using our marketplace! https://marketplace.genesisai.io/signup

If you are not a developer here is a quick video to check out the progress we have made. It would probably have taken me 10 min to put all the major developments in the update; so, I tried to make it very direct to the point. Join our marketplace today to use the power of AI for conducting market research, advertising, customer service, and much more!

https://youtu.be/HOv7G7VaBbM
Oct 27, 2021
Hello GenesisAI community, GenesisAI is moving...
Hello GenesisAI community,

GenesisAI is moving forward and moving fast! We have exciting developments on all fronts including product, users, and business development.

I would like to inform our community of our stock split and explain how it works. We issued a forward 10 to 1 stock split as a result number of shares that each investor holds went up by ten but price per share went down by 10. We believe this decision will improve potential liquidity for GenesisAI shares in the future (if there will be any liquidity).

Here is summary of how stock splits work from Investopedia - Another way to view stock splits is to consider a dollar bill in your pocket – its value is obviously $1. Of course, if you were to “split” the dollar bill into 10 dimes, the value of the money in your pocket is still $1 – it’s just in 10 pieces instead of one. Thus, when one of your stocks splits 10-1 there is no increase in the value of your position or the earning power of your shares, since your percentage stake in the company remains exactly the same.

Now moving forward to the next update. CEO of GenesisAI got featured at Forbes as one of the 16 Tech leaders speaking about the best ways of roadmapping! Here is an article and Archil’s quote:

“Define The Objective And The Necessary Outcomes

A practical way to do the roadmapping is to start from the top and define an overarching objective. Then, define the most important outcomes—the outcomes which, if met, will guarantee that the top objective has also been achieved. Go further and start breaking down the actions that need to be taken to reach the important outcomes you’ve defined. Finally, continue the process until basic actions emerge that don’t have any dependencies. - Archil Cheishvili, GenesisAI”

If you would like to receive updates on your email. Please fill out this form - https://forms.gle/Ttha4pThztyfb83TA

We will win!

Archil
Oct 20, 2021
I am thrilled to announce that GenesisAI got...
I am thrilled to announce that GenesisAI got accepted at NVIDIA Inception, the premier accelerator for AI and data science startups.

About the Accelerator:

Nvidia Inception is a leading accelerator for premier AI startups. They provide critical go-to-market support, expertise, and technology. NVIDIA Inception supports startups through their entire life cycle.

It is incredible to get support from one of the accelerators backed by one of the best technology firms in the world with a market cap above $500B!

We will win!

Archil
Jul 17, 2021
Primary offering finalized, selling 232,726 shares
Sold 232,726 shares at $11.06 for a total of $2,573,949.56
Jul 16, 2021
GenesisAI CEO featured in FORBES! The current...
GenesisAI CEO featured in FORBES! The current round Closing in 12 hours! My article about the future of Artificial General Intelligence got published in Forbes! Check out the article here: https://www.forbes.com/sites/forbestechcouncil/2021/07/16/the-future-of-artificial-general-intelligence/?sh=416ec2c03ba9. I am discussing the state of AGI and make predictions about what the future holds!

Our current round is closing in 12 hours! Last chance to invest!
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Jul 15, 2021
Last chance to join the AI movement! Closing in...
Last chance to join the AI movement! Closing in ~24 hours! Let’s change the world together! Over $3M raised from around 2,400 investors! We will be closing the round around midnight (1 am ET Saturday, July 17th).
Jul 13, 2021
Featured on Kalkine TV! Had a great interview...
Featured on Kalkine TV! Had a great interview with Kalkine TV! Discussing why we are building GenesisAI, how AI is transforming our lives and why we think we will win! Recording here: https://youtu.be/eLn9BN5qxSU

4 days remaining to invest in GenesisAI!
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Jul 12, 2021
Our current round closing in 5 days on July...
Our current round closing in 5 days on July 17th! It has been an incredible journey! I am thrilled to welcome over 2000 new investors who invested around $2.9M. We will be closing the campaign on July 17th! Join us TODAY! Last chance to invest before we close the round!
Jul 9, 2021
Filed Form C/A
Jul 7, 2021
Tech Announcement! GenesisAI adds a translation...
Tech Announcement! GenesisAI adds a translation model!

Our tech is getting better day by day. We have been increasing the number of models on our platform! I am glad to announce the addition of the translation model!

Technical specifications:

The model that we chose - M2M-100 (Facebook AI), is the first multilingual machine translation (MMT) model that can translate between any pair of 100 languages without relying on English data.

There are very few models that support multilingual translation. The best one that we could find, whilst researching, was M2M-100, which enables direct translation among 100 languages.

There are lots of English language-centric translation models. Let’s say we want to translate french into mandarin. It will translate french into English and then English into mandarin. M2M-100 model is different as it translates text directly (e.g french to mandarin). Research shows that M2M-100 is around 10 points more accurate than English language-centric translation models.

How does the translation model fit into our marketplace?

Currently, we are focused on building AI-powered tools for the asset management space, specifically for retail investors who are interested to get research for investing and trading purposes. Many of our users analyze foreign equities. Many times there is useful information about foreign equity in a language that a person might not know. This is where our translation model comes in! The model will help an investor to translate relevant information and then apply some of our other tools: sentiment analysis, text summarizer, etc. Our goal is to become the biggest provider of AI tools for retail investors!

Please register on our platform here. Click sign up on the top right corner.

https://www.genesisai.io/

Invest in GenesisAI Today!
Jul 4, 2021
Over $2M raised! Few days remaining to join the...
Over $2M raised! Few days remaining to join the AI revolution by investing in GenesisAI! I would like to welcome our new investors and celebrate this success together! We have been overwhelmed with investor interest! More community members we have stronger we are! Forward and upwards!

Invest in GenesisAI!
Visit
Jul 1, 2021
The average number of new monthly registrations...
The average number of new monthly registrations on our platform is up by ~19x since January! The campaign is Closing soon! We have incredible growth! Proud and humbled by what we have achieved Together. Incredible demand growth.

Victories only! We are going to win very big.

Invest Today! The campaign is closing soon.
Learn more
Jun 28, 2021
Our technology is getting better a day by day....
Our technology is getting better a day by day. I would like to announce the addition of the text summarizer model on our platform. After talking to users, we made a decision to add one of the most demanded models on our platform. Check it and start using it here: https://genesisai.netlify.app/login

The text summarizer model accepts text as an input and outputs a summary of the inputted text. The model is fine-tuned on novel financial news data, which consisted of 2K articles from Bloomberg, on topics such as stock, markets, currencies, rates, and cryptocurrencies.

It is based on the PEGASUS model and is fine-tuned on the Extreme Summarization (XSum) dataset.

We are getting stronger every day! The sun will shine upon us!

Invest in GenesisAI!
Jun 28, 2021
Filed Form C/A
Jun 21, 2021
Breaking $1M raised benchmark for the current...
Breaking $1M raised benchmark for the current round! We are moving forward and moving fast! I would like to welcome our new investors to the GenesisAI community and thank them for their support! Together we are stronger! Together we have even better chances of realizing the dream of shared AI for all!

To join our fight against AI oligopolies invest Today!

We will win and we will win big!
Jun 17, 2021
Dear GenesisAI community, I am glad to have...
Dear GenesisAI community,

I am glad to have lots of good news for the GenesisAI community. We are getting more and more exposure every day. Newshunt featured us here: https://newshunt360.com/how-ai-is-making-the-world-a-better-place-to-live/. The article is about how AI is making the world a better place. GenesisAI is mentioned as an AI company that makes Artificial Intelligence technology more efficient and affordable for businesses.

When GenesisAI makes a progress all of us win! Each step forward enables us to get closer to achieving our dreams and vision!

We are approaching the $1M raised mark on Netcapital! At ~$817k now! Join the AI uprising!
Jun 11, 2021
New video! Why we are building GenesisAI! In...
New video! Why we are building GenesisAI! In this video, you will see what is our vision and why we are working hard (and smart!) on GenesisAI! We will win in our fight against big tech oligopolies! AI for all! Subscribe to our youtube channel! https://www.youtube.com/channel/UCli9wb9Ft0-qQofCnOOD0_w Invest in US Today! https://bit.ly/2PHuozx https://youtu.be/HxGDHLuHv3c
Visit
Jun 11, 2021
Filed Form C/A
Jun 7, 2021
We got recognized as one of the top 3 AI...
We got recognized as one of the top 3 AI marketplaces with Amazon’s AWS and SingularityNet! We believe we will win based on our technical approach. The market of AI products and services is enormous and the winner will likely take it all because of the nature of marketplaces. The big opportunity lies ahead. The future is ours!

Here is an article link: https://lnkd.in/giq-7v2

Video review: https://lnkd.in/ghUZJQ5

Please note that some information in the article and video about us is outdated.

Invest in GenesisAI before we sell out!
Jun 4, 2021
Filed Form C/A
Jun 3, 2021
Dear GenesisAI community We launched our...
Dear GenesisAI community

We launched our offering in April and are continuing to beat benchmarks! We already have over $600k raised! I would like to welcome our new investors and thank them for their support! Invest in GenesisAI today! Every day we are getting stronger and stronger. More investors = stronger company. We are getting closer to our vision of allowing anyone in the world to be able to buy or sell AI products and services.

We will triumph! Invest in GenesisAI today! Cheers, Archil
May 31, 2021
Partnership Announcement! AEIDC & GenesisAI!...
Partnership Announcement! AEIDC & GenesisAI! Some of the goals of the cooperation partnership are as follows:
- Carrying out research on the effectiveness in supporting the creation and innovation of specific A.I. technology and/or technologies — as well as technological transfers.
- Designing organizational structures to support innovation, and technology transfers.
- Develop Joint Programs to benefit Innovation, Technology Transfer(s), and Economic Development, as well as the Democratization of Artificial Intelligence.
The Artificial Intelligence Economic Development Corporation (AIEDC), is an A.I. as a Service. Provider with a 5G - Cloud Mobile App Maker that will use Machine Learning to help small and midsize businesses create their own (IOS & Android) Mobile Apps with No-Code or Low-Code.

We are excited about what this cooperation can bring!

Invest in GenesisAI TODAY! ~$650K raised already!
May 28, 2021
Filed Form C/A
Apr 30, 2021
Daily Finance nominated GenesisAI as a top...
Daily Finance nominated GenesisAI as a top asset management company!

We were nominated as a Top Asset Management Company in America by Daily Finance. GenesisAI was nominated with other companies like Morgan Stanley and Blackrock!

We are honored for the nomination! The future has never been brighter! Daily finance picked companies across the size spectrum from cutting-edge startups to established brands. They selected startups and companies for exceptional performance.

Here is an article link: https://df.media/?p=7241

Invest in GenesisAI TODAY
Apr 28, 2021
GenesisAI presenting at 2021 Harvard University...
GenesisAI presenting at 2021 Harvard University alumni session! I had the pleasure to pitch at the event organized by Plug and Play Ventures - premier VC fund. Plug and Play Ventures is one of the most active investors (prev. invested in Dropbox, Paypal, etc). Over 100 Harvard alumni, VCs & selected corporate partners attended the event provided both investment and BD opportunities. After the pitch, GenesisAI got lots of inbound requests from VCs! Here is a video: https://youtu.be/K8K-rbnl58Q

Invest in GenesisAI Today! Join the AI uprising!
Apr 25, 2021
Over $400k raised in ~ 2 weeks! GenesisAI is...
Over $400k raised in ~ 2 weeks! GenesisAI is breaking records! Again. We got an overwhelming investor interest and raised over $400k fast! We are very grateful for all of our investors’ support and I would like to welcome 427 new investors!

The future is ours!

Invest in GenesisAI TODAY!
Apr 19, 2021
GenesisAI's CEO speaking at Investor Connect...
GenesisAI’s CEO speaking at Investor Connect Podcast! had the pleasure to speak at Investor Connect Podcast! I advised entrepreneurs in the AI sector and shared how I see the industry evolving. Listen to my episode here: https://investorconnect.org/investor-connect-archie-cheishvili-of-genesisai/

Invest in GenesisAI! The future has never been brighter!
Visit
Apr 12, 2021
GenesisAI is proud to announce that Ekoios has...
GenesisAI is proud to announce that Ekoios has just joined the marketplace as a new partner and became a part of a greater movement toward shared AI. Ekoios is a premier technology company that provides Machine Learning and other software engineering solutions for companies. They have offices in 3 countries and have worked with Fortune 500 companies! Ekoios management team has over 20 years of experience in Information Technologies.

Ekoios services a variety of industries ranging from finance to healthcare.

GenesisAI is focused on working towards creating a global network of AIs by taking power away from the big tech players and putting it in the hands of partners and buyers alike.

To learn more about partnership visit

https://ekoios.vn/

https://www.genesisai.io/
Apr 8, 2021
GenesisAI raises $1.3M+! Opening a new round to...
GenesisAI raises $1.3M+! Opening a new round to let investors on the waitlist in! We have raised $1.3M+ from around 1000 investors! Now, GenesisAI is stronger! We are closer to achieving our vision! Our previous round was completely oversubscribed. We had 100s of people on the waitlist. Today we are launching a NEW ROUND to allow everyone to participate!

Help us fight against big tech oligopolies! Invest in GenesisAI!
Apr 7, 2021
Primary offering of 343,581 shares at $11.06
Apr 7, 2021
Filed Form C
Mar 23, 2021
Primary offering finalized, selling 422,532 shares
Sold 422,532 shares at $3.11 for a total of $1,314,074.52
See offering
Dec 29, 2020
Watch the recording of the webinar about AI and...
Watch the recording of the webinar about AI and Robotics!

https://youtu.be/-B3g4EAiy4o

I would like to thank many of you who attended our webinar. For those who could not, here is a recording: In the webinar, we discuss how AI and Robotics are being integrated, how GenesisAI is building safeguards to make sure that Artificial General Intelligence will be benevolent if and when it arises and how AI has created millions of jobs already!

Join the AI revolution by investing in GenesisAI TODAY!
Watch NOW
Dec 25, 2020
Wishing you a Merry Christmas and a prosperous...
Wishing you a Merry Christmas and a prosperous 2021

Dear GenesisAI community,

May this Christmas end the present year on a cheerful note. May the New Year bring prosperity, happiness, and many new opportunities!

Wishing you and your family a Merry Christmas and a successful 2021!

We will win!

Invest in GenesisAI before the year ends!

Archil
Dec 1, 2020
GenesisAI is proud to announce that SmartClick...
GenesisAI is proud to announce that SmartClick has just joined the marketplace as a new partner and became a part of a greater movement toward shared AI. SmartClick is a premier AI company that provides Machine Learning solutions for enterprises. They efficiently combine in-depth industry knowledge & data-driven solutions to bring excellence & enhanced business value.

Invest in GenesisAI TODAY!

To learn more about partnership visit

https://smartclick.ai/

https://www.genesisai.io/
Nov 23, 2020
Presented at a premier venture conference -...
Presented at a premier venture conference - Venture 135!

I had the pleasure to present at the virtual Venture 135 conference. The venture conference focused on quality deal flow and innovation in the fintech, insurtech and healthtech ecosystems.

Here is a video: https://youtu.be/EWFrxLEjNmk

GenesisAI was one of the few companies being invited to present! The conference was attended by many institutional investors! Got a great interest! Stay tuned!

Buy shares Now! AI is the future.
Visit
Nov 17, 2020
Over $1.1M raised! We are moving forward and...
Over $1.1M raised! We are moving forward and moving fast!

I would like to welcome our new investors to the GenesisAI community and thank them for their support!

Together we are stronger! Together we have even better chances of realizing the dream of shared AI for all!

To join our fight against AI oligopolies invest here: https://bit.ly/2PHuozx
Nov 11, 2020
I am thrilled to announce that the premier AI...
I am thrilled to announce that the premier AI and data company - DataCrux has joined our platform as a supplier! We believe that they will add a huge value to our platform! DataCrux provides relevant AI tools/technology for businesses to be successful in the age of Data and AI. Invest in GenesisAI!
Nov 7, 2020
Watch the recording of the webinar about AI and...
Watch the recording of the webinar about AI and Drones: https://t.co/dOW5GfvsVj?amp=1

In the webinar, we discussed how AI and drones are being integrated, and how AI has created millions of jobs already!

Join the AI revolution by investing in GenesisAI: https://netcapital.com/companies/genesisai
Nov 2, 2020
GenesisAI featured in AE! I am glad to have...
GenesisAI featured in AE!

I am glad to have lots of good news for the GenesisAI community. We are getting more and more exposure every day. AE featured us here: https://www.africanexponent.com/post/7947-why-we-are-building-genesisai

We discuss the state of AI! Invest Today!
Oct 29, 2020
I would like to congratulate everyone that we...
I would like to congratulate everyone that we raised over $850k already! This is a big win and a huge milestone. Together we are stronger!

We need participants to realize the dream of AI for all! We need participants to share AI with everyone! Buy shares Now. AI is the future!
Oct 26, 2020
Netcapital published a blog post about us! AI...
Netcapital published a blog post about us! AI is having an incredible impact on our lives, and the benefits of this technology should be shared by all! Currently, the benefits mainly accrue to a few large companies. To read more: https://netcapital.com/news#why-we-are-building-genesisai Invest Now!
Oct 20, 2020
Every day we are becoming stronger and...
Every day we are becoming stronger and stronger. We are getting closer to achieving our vision of shared AI for all!

Check out a new short video where I am talking more about GenesisAI and answering investor questions. https://youtu.be/i3uwtmf1-i4. Invest Today!
Oct 9, 2020
GenesisAI video has over 135,000 views on...
GenesisAI video has over 135,000 views on Youtube! We are getting great momentum on all fronts. It clearly explains what we do and talks about our vision which is shared AI for all! https://youtu.be/gC-xw20hG5A

This is just a beginning! Join us! https://netcapital.com/companies/genesisai
Watch
Sep 30, 2020
We broke the $600k raised mark TODAY! I would...
We broke the $600k raised mark TODAY! I would like to welcome 600 new investors! This is bringing us closer to the dream of shared AI for all! We continue our fight against big tech AI oligopolies. The benefits of AI should be shared with all. Shared AI for the people and by the people!

Join GenesisAI!
Sep 25, 2020
GenesisAI Webinar on Youtube! I had a pleasure...
GenesisAI Webinar on Youtube! I had a pleasure speaking with Rob from Netcapital about our roadmap, problems we are solving, and how we plan to win!

Webinar link: https://youtu.be/7CYYt8xzJ4k

Join our current round! The round is filling up fast! Over $500k raised already!
Visit
Sep 22, 2020
GenesisAI featured in InvestorPlace! We have...
GenesisAI featured in InvestorPlace! We have been getting great exposure and overwhelming interest! Check out article about us at InvestorPlace:

https://investorplace.com/2020/07/why-futurists-may-want-to-invest-in-genesisai-stock/

Join AI revolution!
Read more
Sep 18, 2020
We are thrilled to announce that the premier AI...
We are thrilled to announce that the premier AI and data company - Datanautix has joined our platform as a supplier!

Datanautix aims to bring its expertise in AI specifically in Natural Language Processing (NLP) to help companies make sense of thousands of pages of text data

Forward only!
Sep 15, 2020
Our round is filling up faster! Average weekly...
Our round is filling up faster! Average weekly raise up by ~115% in the last 3 weeks. The average amount of funds raised each week has been consistently going up and has more than doubled! We are getting even more momentum!

Join the Artificial Intelligence revolution!

The future is here!
Sep 11, 2020
GenesisAI featured in Business Insider and...
GenesisAI featured in Business Insider and Nasdaq!

Business Insider - https://markets.businessinsider.com/news/stocks/why-futurists-may-want-to-invest-in-genesisai-stock-1029447477

Nasdaq - https://www.nasdaq.com/articles/why-futurists-may-want-to-invest-in-genesisai-stock-2020-07-29

Invest in us!
Sep 7, 2020
We reached 300 investors! Over $250k committed!...
We reached 300 investors! Over $250k committed! We have one of the best momentums currently in crowdfunding! I would like to thank every one of you for participation! We will win!
Sep 3, 2020
GenesisAI is proud to announce that RebootAI...
GenesisAI is proud to announce that RebootAI has just joined the marketplace as a new partner! RebootAI will bring its expertise in AI to help companies make sense of which of their problems can be solved by using AI.

To learn more visit:

https://www.reboot.ai/

https://www.genesisai.io/

Join us!
Aug 16, 2020
Hello GenesisAI community! In a short time...
Hello GenesisAI community!

In a short time after our public launch, we already raised over $100k from around 100 investors! I would like to thank everyone! Thank you for joining us in building the future of AI! Together we are stronger! The road ahead is bright.
Jun 22, 2020
Primary offering of 803,858 shares at $3.11
Sep 13, 2021
Filed Form C-U

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