Catenai investee Alludium joins Nvidia's Inception AI programme
Catenai PLC on Tuesday said its investee company Alludium Ltd has been accepted into Nvidia Corp’s Inception programme, a global initiative supporting startups developing artificial intelligence and data science innovations.
The London-based digital media and technology company, which holds an 8.3% stake in Alludium, said the move marks a ‘significant step forward’ for the startup’s AI-focused ambitions.
However, Catenai shares dropped 10% to 0.43 pence in London on Tuesday morning.
Alludium is a London-based no-code platform that enables users to build custom AI agents and teams to automate tasks and integrate with everyday apps.
Nvidia Inception offers members access to cutting-edge AI tools, preferred pricing on enterprise solutions, technical support, and exposure to a global network of venture capitalists and industry partners. It also includes invitations to exclusive networking events and access to the Nvidia Deep Learning Institute.
Catenai said the partnership will help Alludium scale its AI Agent Builder platform and open up potential distribution channels through Nvidia‘s global network.
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