8th Apr 2025 12:07
Cykel AI Development PLC - develops autonomous digital workers that use artificial intelligence to perform business tasks without human supervision - Says new recruitment tool, Lucy, gets "substantial early market engagement", with Cykel AI completing 200 product demonstrations since Lucy's release at the start of March. Lucy joins research analysis tool Samson and sales tool Eve in Cykel AI's stable of products that draw upon its proprietary TaskOS AI agent infrastructure. Cykel AI says it expects some early implementations of Lucy to convert into commercial contracts in the second quarter of 2025. "The robust level of market engagement we're experiencing validates our thesis that AI digital workers represent the next evolution in business process transformation," says Chief Executive Officer & Founder Ewan Collinge.
Current stock price: 2.95pence, up 34% in London on Tuesday
12-month change: down 41%
By Tom Waite, Alliance News editor
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