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Catenae Innovation Plc ( (GB:CTAI) ) has issued an update.
Catenai PLC has entered into a subscription agreement with Alludium Ltd, acquiring 757,403 ordinary shares at 73 pence per share, resulting in Catenai holding approximately 8.3% of Alludium’s issued share capital. This investment aligns with Catenai’s strategic focus on AI, as Alludium’s Multi-Agent AGI platform offers significant potential in the enterprise automation and business process outsourcing markets, valued at $120 billion and $280 billion respectively.
More about Catenae Innovation Plc
Catenai PLC is an AIM quoted provider of digital media and technology services, specializing in IT solutions that address commercial challenges and create opportunities for clients. The company is increasingly focusing on incorporating AI into its platforms, with a team experienced in deploying systems across corporate, government, and educational sectors.
Average Trading Volume: 50,633,135
Technical Sentiment Signal: Hold
Current Market Cap: £1.93M
See more data about CTAI stock on TipRanks’ Stock Analysis page.
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