Streaks Gaming Plc (GB:STK) has released an update.
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StreaksAI PLC, a UK-based AI platform listed on the London Stock Exchange, reported a significant reduction in operational costs for the six months ending August 2024, with expenses down by 59% compared to the same period last year. Despite being in a pre-revenue stage, the company has successfully extended its operational runway, maintaining a cash reserve of £318,000. This strategic financial management indicates a promising outlook for StreaksAI as it continues to develop AI technologies in the conversational interface and automated bot sectors.
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