Catenai [LON:CTAI], a London-listed technology company, has officially introduced Alludium, a no-code platform designed to help organizations create and deploy AI agents without requiring specialized programming expertise. This marks a significant step in Catenai‘s strategy to drive growth in the emerging artificial intelligence automation sector.
The Alludium platform, which has now been opened to individuals and businesses for commercial use, has been developed to automate workflows across corporate systems and digital tools. The launch follows extensive testing with early design partners and arrives at a time when demand for AI-powered platforms capable of managing autonomous agents is accelerating across the technology sector.
A new kind of AI operating system
Alludium presents itself as an "Agent Operating System" that allows users to design and manage networks of AI-driven assistants. These agents can streamline repetitive processes and coordinate complex tasks within organizations. Importantly, the system operates via conversational interfaces, enabling teams to customize AI solutions without writing code.
According to Alludium, the platform is commercially available from launch, with paid plans facilitated through the online payments provider Stripe.
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Catenai’s strategic backing
Catenai holds a stake in Alludium and has supported its development since its initial investment. The launch of Alludium is seen as a validation of Catenai’s investment approach and its focus on artificial intelligence as a core growth area. Speaking on the launch, John Farthing, interim chief executive of Catenai, emphasized the importance of this milestone:
"Alludium’s launch represents the delivery of a commitment we’ve been building toward since our initial investment", he said. "We’re proud to see the team reach this milestone and look forward to supporting their continued growth."
Equity incentive for founders
The launch also activates an equity incentive for Alludium’s founders. Catenai has announced plans to issue warrants for 100 million new ordinary shares at an exercise price of 0.3p. These warrants will be exercisable within an 18-month period.
A shift in AI technology
The introduction of Alludium comes amidst growing interest in "agentic AI" platforms, which go beyond traditional chatbots to enable software agents to autonomously perform tasks, interact with other systems, and integrate with workplace tools. Unlike earlier generative AI models that focused on creating text or images, the new wave of platforms like Alludium is designed to execute operational tasks and improve productivity across various business functions, including customer support, operations, and data analysis.
Alludium’s founders share this vision, describing the platform as a tool for building virtual "AI teams" that can collaborate and coordinate tasks seamlessly. John Frizelle, founder and chief executive of Alludium, highlighted the effort invested in reaching this point:
"Opening Alludium to the public is a milestone we’ve been working tirelessly toward since day one", he said. "We’ve spent months refining the platform with our design partners and we’re now ready to put it in the hands of a wider audience."
Looking ahead
For Catenai, the success of Alludium could play a pivotal role in its strategy, as AI becomes an increasingly integral part of enterprise infrastructure. Platforms capable of managing autonomous agents are expected to form an important layer in the evolution of corporate software, making Alludium a promising entry in this fast-growing market.
With its public launch, Alludium stands poised to capitalize on the increasing demand for solutions that enable organizations to automate and optimize their workflows at scale.