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RNS Number : 8619E Capai PLC 14 April 2025
14 April 2025
capAI plc
("capAI" or the "Company")
Refined Operating Strategy and Launch of New Website
Following Professor Ronjon Nag's appointment to the Board on 1 April 2025,
capAI plc (LSE: CPAI) is pleased to announce a refined operating strategy,
designed to drive long-term value creation while mitigating dilution for
shareholders. capAI has also today launched a new logo, branding and
website, designed to provide improved access to Company information, strategic
insights and investor resources.
Highlights
· capAI will implement a three-pillar strategy; Identify, Incubate,
and Invent, to drive the development of transformative AI systems.
· This evolution leverages Professor Nag's 40+ years of industry
leading expertise, aligns directly with the emerging paradigm shift in
start-up creation and enables the Company to substantially grow the business
while mitigating dilution for shareholders. The Company therefore has no
current plans to raise capital in the immediate future where there would be
any significant dilution to shareholders.
· Professor Nag has highlighted a seismic shift in start-up
creation, driven by the emergence of the "nirvana concept" of the "One-Person
Unicorn"; companies built by individuals, empowered by AI, aspiring to
billion-dollar valuations. While projects may not actually be operated by one
person only, certainly that will be the aim but will likely be tiny teams at
the starting level.
· Accordingly, through the capAI ecosystem, we will aim to pioneer
a new model of start-up and AI project development-companies aspiring to very
significant valuations built and led by tiny high-performance teams leveraging
AI's transformative capabilities. In this way, we will have a platform
generating businesses within capAI.
· The Company is also in advanced discussions with R42
(www.r42group.com (http://www.r42group.com) ), a US venture capital firm,
which Professor Nag is Founder and Managing Director, regarding a proposed
alliance. This proposed alliance would combine capAI's status as a publicly
listed company, bringing market credibility, investor access, and financial
resources, with R42's position as an AI powerhouse delivering cutting-edge
research, technical expertise, and specialised infrastructure. Through our
proposed alliance with R42, we would target high-impact breakthroughs in media
and medicine, sectors poised for exponential growth and disruption.
· capAI has also launched a new logo, branding and website
(www.capai.group (http://www.capai.group) ). This new website (which replaces
www.capaiplc.com (http://www.capaiplc.com) ) provides further detail on our
strategic vision and features an Application Portal for next-generation
innovators to collaborate with us, whether by bringing their own idea or
joining one of our in-house ventures.
Refined Operating Strategy: Accelerating AI Advancements
capAI will implement a three-pillar strategy; Identify, Incubate, and Invent,
to drive the development of transformative AI systems.
Identify
We will identify promising AI ideas with disruptive potential, surrounding
them with visionary teams.
Incubate
We will provide comprehensive resources, mentorship, and support to help AI
teams scale rapidly.
Invent
We will ideate and create novel AI companies in-house, leveraging our
expertise and network.
The Board believes this evolution to be in the best interests of all
stakeholders and seeks to leverage Professor Nag's expertise and exceptional
track record of inventing, incubating and creating significant value over many
years.
It also aligns directly with the emerging paradigm shift in startup creation
and the Company's core philosophy: to substantially grow the business through
high-efficiency, AI-led ventures, while mitigating dilution for shareholders.
The Opportunity: The Paradigm Shift in Startup Creation
Professor Nag has highlighted a seismic shift in start-up creation, driven by
the emergence of the "nirvana concept" of the "One-Person Unicorn"; companies
built by individuals, empowered by AI, aspiring to billion-dollar valuations.
This view was first propounded in Silicon Valley foreseeing a future where AI
enables solo entrepreneurs to build at unprecedented scale and speed without
the traditional reliance on large teams, significant capital, and years of
iterative development.
The rise of the One-Person Unicorn doesn't signal the end of teams, it signals
a transformation. In the near future, founders won't just build companies;
they'll orchestrate ecosystems of AI agents, specialised freelancers, and lean
core teams.
For aspiring founders, the question is no longer if you can build big with
less. It's how you'll leverage this new model to disrupt, reshape, and
redefine industries.
Core Philosophy: capAI
The Company's core philosophy is to substantially grow the business through
high-efficiency, AI-led ventures, while mitigating dilution for shareholders.
The Board will therefore challenge the traditional reliance on large teams,
substantial capital, and prolonged iterative development, both in the
day-to-day operations of capAI and in scaling the business through AI-led
ventures.
The Company therefore has no current plans to raise capital in the immediate
future where there would be any significant dilution to shareholders.
Should the Company pursue a capital raise at any stage, the Board will do so
only if it is deemed to be in the best interests of all shareholders, among
whom Professor Nag and Richard Edwards hold significant stakes.
The Concept: The capAI Ecosystem
The capAI ecosystem will aim to pioneer a new model of start-up development;
companies aspiring to very significant valuations built and led by tiny high
performance teams leveraging AI's transformative capabilities. In this way we
will have a platform generating businesses within capAI.
While conventional wisdom suggests that unicorns require large founding teams,
the above shift means AI technologies now enable exceptional small teams to
accomplish what previously required hundreds of people.
Our program will be carefully structured to identify, support, and scale these
ideas, providing the perfect balance of team independence and support to
create category-defining businesses.
The Expertise: Professor Nag
The refined operating strategy leverages Professor Nag's 40+ years of industry
leading expertise and long-term relationships and partnerships with
world-class corporations and universities including Stanford University,
Massachusetts Institute of Technology, UC Berkeley and Cambridge University.
The Proposed Alliance: R42
The Company is in advanced discussions with R42 regarding a proposed alliance.
Through our proposed alliance with R42, we would offer a unique combination of
resources, knowledge, and connections that position AI start-ups and projects
for success.
Our proposed alliance with R42 would create a unique ecosystem for AI team
members and innovators. Together, we would provide the resources, expertise,
and network needed to transform ambitious ideas into companies aspiring to
very significant valuations.
This proposed alliance would combine capAI's status as a publicly listed
company, bringing market credibility, investor access, and financial
resources, with R42's position as an AI powerhouse delivering cutting-edge
research, technical expertise, and specialized infrastructure.
Through our proposed alliance with R42, we would target high-impact
breakthroughs in media and medicine, sectors poised for exponential growth and
disruption. This approach is designed to maximise both innovation and
long-term value creation for our stakeholders.
As any agreement with R42 would constitute a material related party
transaction for the purposes of DTR 7.3, the Company confirms that Professor
Nag is abstaining from the Board's consideration of the partnership. Richard
Edwards, Sarah Davy and Marcus Yeoman (in his capacity as the Company's
independent director) will exercise their reasonable care, skill and
diligence, to ensure that any agreement is fair and reasonable from the
perspective of the Company and its shareholders who are not a related party
(as such term is defined in UK-adopted International Financial Reporting
Standards).
The Company will provide a further update regarding the proposed alliance with
R42 as and when appropriate.
New Logo, Branding and Corporate Website
In line with this strategic update, capAI has also launched a new logo,
branding and website, designed to provide improved access to company
information, strategic insights and investor resources.
The new website provides further detail on our strategic vision and features
an Application Portal for next-generation innovators to collaborate with us,
whether by bringing their own idea or joining one of our in-house ventures.
To reflect capAI's global ambitions, the Company's website address has also
changed to:
www.capai.group
Comments
Comment from Professor Nag, Executive Director of capAI:
"We are entering a transformative era where the barriers to building
high-impact companies are collapsing. At capAI, our refined operating strategy
is grounded in the belief that AI now empowers exceptional individuals to
create what once required large teams and years of iteration. The 'One-Person
Unicorn' is no longer a theory, it's a new model for value creation. Through
capAI, we aim to identify and support tiny high-performance teams, providing
the infrastructure, capital, and strategic guidance to help them scale faster
and smarter. This is not just innovation; it's a redefinition of what it means
to build a company in the 21(st) century. We aim to have many such small teams
on different projects to offer diversification and many changes to build
multiple high-value projects and entities."
Comment from Richard Edwards, Executive Chairman of capAI:
"capAI's strategy reflects a bold yet focused vision for the future of company
building. Professor Nag brings deep expertise in AI-led innovation, and his
approach positions us at the forefront of this paradigm shift. The Board is
committed to long-term value creation while maintaining capital efficiency and
minimising dilution for shareholders."
For further information, please contact:
Company:
capAI plc hello@capaiplc.com
Broker Enquiries:
Peterhouse Capital Limited Tel: +44 (0) 207 469 0930
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