Catenai Announces Alludium's Partnerships with AWS and Atlassian
Why we think this is good
The RNS announcement highlights Alludium's acceptance into the AWS Activate and Atlassian for Startups programs, which provide access to cloud infrastructure and productivity tools respectively. This suggests Alludium has secured some form of financing or support, and is expanding its partnerships and capabilities. While the news is positive, it does not meet the criteria for a 'very good' rating as it does not contain an explicit profit upgrade or transformational acquisition.
Key Points
- Alludium accepted into AWS Activate Startup Program
- Alludium accepted into Atlassian for Startups Program
- Partnerships provide access to cloud infrastructure and productivity tools
- Supports Alludium's development of its AI platform
Summary
Catenai PLC (AIM: CTAI) has announced that its subsidiary Alludium Ltd has been accepted into the AWS Activate Startup Program and the Atlassian for Startups Program. These partnerships will provide Alludium with priority access to new services, architectural guidance for AI workloads, and enterprise-grade reliability from AWS, as well as a comprehensive suite of Atlassian collaboration and productivity tools. The news suggests Alludium is expanding its capabilities and partnerships to support the development of its AI platform.