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Dukemount Capital ( (GB:CPAI) ) has shared an announcement.
capAI plc has announced the execution of a definitive Licence and Option Agreement with R42 Group LLC for the Author42 platform, marking the formal launch of its AI-led publishing division, capMedia. The agreement grants capAI exclusive rights to use and develop the platform for 12 months, with an option to acquire full ownership of the intellectual property. This strategic move positions capAI to lead in next-generation storytelling and intelligent automation in publishing, offering operational freedom and long-term value alignment with R42.
More about Dukemount Capital
capAI plc operates in the artificial intelligence industry, focusing on generative AI technologies. The company offers the Author42 platform, a next-generation AI tool designed to assist authors, publishers, and content creators in producing high-quality fiction and non-fiction works. capAI is committed to advancing AI-led publishing through its dedicated division, capMedia, and aims to redefine the publishing sector with intelligent automation.
Average Trading Volume: 115,501,403
Technical Sentiment Signal: Hold
Current Market Cap: £13.07M
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