Catenai PLC Expands AI Portfolio with Investment in Alludium Ltd
By
Fiona Craig
PUBLISHED:
13 May 2025 @ 18:15
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Catenai PLC (LSE:CTAI) has announced a strategic investment in Alludium Ltd, acquiring 757,403 ordinary shares at 73 pence per share. This move gives Catenai an approximately 8.3% stake in Alludium’s issued share capital. The investment aligns with Catenai’s growing focus on artificial intelligence (AI) as a core part of its business strategy. Alludium’s Multi-Agent AGI platform, which has notable applications in enterprise automation and business process outsourcing markets, presents strong potential. These markets are valued at $120 billion and $280 billion, respectively, making the investment an attractive growth opportunity.
About Catenai PLC
Catenai PLC is an AIM-listed provider of digital media and technology services, specializing in IT solutions tailored to address commercial challenges and create new opportunities for clients. The company is increasingly emphasizing AI within its platforms, supported by a skilled team with experience in deploying solutions across corporate, government, and educational sectors.
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Average Trading Volume: 50,633,135
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Technical Sentiment: Hold
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Current Market Capitalization: £1.93 million
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