VANCOUVER, BC , Jan. 13, 2025 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces that it is proposing to amend the terms of 9,595,531 common share purchase warrants (the " Warrants ") issued by the Company in connection with a private placement financing that closed on June 6, 2023 . The Warrants were issued at an exercise price per share of C$1.65 and are scheduled to... Read More

VANCOUVER, BC , Jan. 6, 2025 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces that Mr. Patrick Gray has been appointed Chief Executive Officer and a director of the Company, effective January 6, 2025 . Mr. Ryan Selby , the former CEO of the Company, has resigned as an officer and director concurrently with Mr. Gray's appointment. The Company sincerely thanks Mr. Selby for... Read More

VANCOUVER, BC , Nov. 6, 2024 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces the termination of the previously announced GPU supply agreement, and intention to enter into sales agreement for GPU supply. The Company previously announced in its July 13, 2023 press release that its wholly owned subsidiary, MAI Cloud Solutions Inc. (" MAI Cloud "), had entered into a purchase... Read More

VANCOUVER, BC , March 13, 2024 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) is pleased to announce that its wholly-owned subsidiary, MAI Cloud Solutions Inc. (" MAI Cloud "), has entered into a framework services agreement dated March 7, 2024 (the " Services Agreement ") with a Cloud, GPU (" Graphics Processing Unit ") and AI Infrastructure services provider (the " Provider "),... Read More

VANCOUVER, BC , Dec. 13, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTC: AICOF) is pleased to announce that Patrick Gray , a former director of the Company, has been appointed Chief Operating Officer (" COO ") of the Company. In connection with his appointment as COO, Mr. Gray is resigning from the Board of Directors of the Company (the " Board "), effective immediately. To fill the... Read More

VANCOUVER, BC , Nov. 21, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) is pleased to announce that its wholly-owned subsidiary, MAI Cloud Solutions Inc. ("MAI Cloud"), has received the first payment in the amount of approximately $143,000 (the "Payment") in connection with the announcement of the delivery of artificial intelligence (" AI ") compute equipment to an arm's... Read More

VANCOUVER, BC , Nov. 7, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) is pleased to announce that further to the Company's previous announcement in its July 13, 2023 press release, its wholly owned subsidiary, MAI Cloud Solutions Inc. (" MAI Cloud "), had entered into a purchase agreement dated July 12, 2023 (the " Supply Agreement ") with an arm's length third-party... Read More

VANCOUVER, BC , Oct. 31, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) is pleased to provide the following corporate update from the CEO: MAI Cloud Hosting Services to Begin with Installation of new GPUs The Company previously announced in its July 13, 2023 press release that its wholly owned subsidiary, MAI Cloud Solutions Inc. (" MAI Cloud "), had entered into a purchase... Read More

VANCOUVER, BC , Aug. 25, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces that it has entered into a memorandum of understanding (the " Memorandum of Understanding ") which is expected to result in the addition of approximately 17 million hours per year of AI compute time resources to be sold as services to an arm's length third party resulting in the sale of... Read More

VANCOUVER, BC , Aug. 15, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces that it has entered into an asset purchase agreement (the " Purchase Agreement ") to acquire certain intellectual property assets (the " Transaction "). The Company is pleased to announce that it's subsidiary, 1431885 B .C. Ltd. (" Company Subco "), has entered into the Purchase Agreement dated... Read More

VANCOUVER, BC , July 19, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (OTCQB: AICOF) announces that the Company is not aware of any material undisclosed information and at the request of OTC Markets Group (" OTC Markets ") wishes to make the following statements regarding recent unsolicited news and marketing activities concerning its common shares trading on the OTCQB market. On July 17, 2023 , the... Read More

VANCOUVER, BC , July 13, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTC: AICOF) is pleased to announce that its wholly owned subsidiary, MAI Cloud Solutions Inc. (" MAI Cloud "), has entered into a purchase agreement dated July 12, 2023 (the " Purchase Agreement ") with an arm's length third party customer headquartered in Silicon Valley (the " Customer "), pursuant to which, among... Read More

VANCOUVER, BC , July 10, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTC: AICOF) is pleased to announce that Pulse AI Compute Solutions Inc. ("Pulse AI"), a wholly owned subsidiary of GenAI, has been approved to join the NVIDIA Inception Program ("NVIDIA Inception") and has issued a Purchase Order ("PO") for the purchase of approximately US$1.8 million of hardware capable of delivering... Read More

VANCOUVER, BC , June 19, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce that it today closed its previously announced acquisition of AI compute business, Pulse AI Compute Solutions Inc. (" Pulse AI "). As announced in the Company's June 13, 2023 news release, GenAI entered into a share purchase agreement dated June 13, 2023 (the " Share... Read More

VANCOUVER, BC , June 14, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTCQB: AICOF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States . DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing... Read More

VANCOUVER, BC , June 13, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce that it has entered into a share purchase agreement dated June 13, 2023 (the " Share Purchase Agreement ") with Minework Technologies Pte Ltd. (" Minework "), pursuant to which, subject to the satisfaction of certain conditions to closing, GenAI's wholly-owned... Read More

VANCOUVER, BC , June 12, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce the creation of MAI Cloud™, its Artificial Intelligence ("AI") cloud service that will provide High-Performance Computing ("HPC") power for AI computing requirements, including rapid processing power, large-scale storage, and state-of-the-art software applications, all... Read More

VANCOUVER, BC , June 6, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce that it has closed a private placement financing (the " Offering ") of 9,595,531 units (the " Units ") at a price of C$0.56 per Unit for gross proceeds of C$5,373,497.36 . Each Unit will consist of one common share in the capital of the Company (each a " Common Share ")... Read More

VANCOUVER, BC , June 5, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO), ‎(FSE: 99L.F), (OTC: AICOF) is pleased to provide an update on its previously announced private placement financing (the " Offering ") and amendments to the terms of the Offering. As announced in the Company's May 29, 2023 news release, GenAI intends to raise C$5,040,000 (the " Expected Offering Size ") in gross... Read More

VANCOUVER, BC , June 2, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO), (‎FSE: 99L.F), (OTC: AICOF) is providing an update on the marketing agreement (the " Marketing Agreement ") entered into between Gold Standard Media LLC (" Gold Standard ") and the Company dated May 2, 2023 which was announced in the Company's May 2, 2023 news release. The Company has not yet commenced using services... Read More

VANCOUVER, BC , May 29, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce that it intends to raise up to Cdn$5,040,000 (the " Offering ") through a non-brokered private placement of up to 9,000,000 units (the " Units ") at a price of Cdn$0.56 per Unit. Each Unit will consist of one common share in the capital of the Company (each a " Share ")... Read More

VANCOUVER, BC , May 23, 2023 /CNW/ - Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (‎FSE: 99L.F) (OTC: AICOF) is pleased to announce that it has incorporated a new subsidiary called GenAI Tobacco Inc. (" GenAI Tobacco " ) of which GenAI holds 80% of the equity interest. GenAI Tobacco was incorporated with the intention of building a large language model ( "LLM" ) dedicated to harnessing the power of... Read More