REG - StreaksAI PLC - Launch of Streaks Idols Social Product

StreaksaiAnnouncement

21/09/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230921:nRSU1136Na&default-theme=true

RNS Number : 1136N  StreaksAI PLC  21 September 2023

The information contained within this announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014, as retained as part of the law of England and Wales. Upon
the publication of this announcement via the Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

Press Release

 

21 September 2023

 

StreaksAI PLC

 

('Streaks' or 'the Company')

 

Launch of Streaks Idols Social Product

 

StreaksAI PLC (LSE: STK), a UK-based generative AI platform, is pleased to
announce the launch of Streaks Idols, a social product and AI character
generator which offers a range of customisable AI-powered chatbots capable of
sophisticated humanlike interaction.

 

Streaks Idols allows all consumers to create their own Idol, a realistic
online chatbot and avatar which effectively replicates their mannerisms and
personality, or which can be customised to create brand new characters. This
chatbot can respond to text and voice prompts, with video prompts currently
under development. Streaks Idols can be created within minutes via a simple
text-based interface.

 

Streaks Idols is a mass-market product that will enable the general public to
generate their own AI characters with innate monetisation, allowing creators
to generate revenue as users engage with their online personas. The product is
powered by Natural Language Processing (NLP) text generators including GPT-4,
which will allow user engagement with the chatbot to become increasingly
personalised as the AI learns from previous interactions. Streaks will
generate revenue through the sale of advertisements on the online chatbot
interface, and creators will retain full control and ownership over their
online avatar.

 

In addition to serving as an AI companion, the generative AI technology
underlying the Idols chatbot can power a wide variety of applications, and
Streaks plans to integrate add-on services including calendar tie-in for
digital assistant services.

 

Streaks Idols are accessible on Streaks' website, www.streaks.ai
(http://www.streaks.ai) , and on messaging platform Telegram. The Company also
plans to roll out the Idols chatbot product on further messaging services
including WhatsApp and SMS text messaging.

 

Proprietary Idols Series

 

StreaksAI today launches its proprietary Idols Series: digital versions of
notable historical and cultural figures created by the Company, as well as
further Streaks owned generative AI bots.

 

Idols launches today with the release of chatbots including historical figures
such as the Tudor monarchs Henry VIII and Elizabeth I, and great minds from
history such as Socrates. The AI-powered digital facsimiles of these figures
utilise historic data allowing the Company to accurately generate the figures'
personalities.

 

In addition to serving as AI companions, the Company intends the Idols Series
to provide learning tools across history, modern-foreign languages such as
French and Spanish, and STEM subjects, comprising virtual assistants able to
teach users new languages and more.

 

Powered by NLP text generators, the Idols Series has been created by the
Company's internal team, and as such StreaksAI retains full ownership. The
Company expects the Idols Series to generate revenue through the sale of
advertisements.

 

In addition, the Idols product rollout will feature chatbots of well-known
fictional characters from television, books and video games.

 

StreaksAI's CEO, Philip Blows, said: "Streaks Idols is a revolutionary social
product that enables anyone to craft their very own digital avatar, imbued
with their own personality, or created from scratch. Not only will this usher
in a new era of interactive engagement, but it will empower creators with its
innate monetisation opportunity, allowing them to generate revenue while
retaining complete ownership of their online persona.

 

"We are also excited to announce the release of our own Idols Series. The
Idols Series is a unique entertainment and educational tool, where you can
talk one-on-one with your favourite characters or historical figure. Where
better to learn about historical figures than from the figures themselves? By
continuing to explore the deeper integrations of generative AI in the
conversational and companion space, we are excited to see how tools designed
for entertainment can also encourage genuine interest in learning."

 

For further information please contact:

 StreaksAI PLC
 Philip Blows                        via Tancredi

 Chief Executive                     +44 207 887 7633
 Tennyson Securities
 Corporate Broker

 Peter Krens                         +44 207 186 9030
 First Sentinel
 Corporate Broker

 Brian Stockbridge                   +44 203 989 2200
 Tancredi Intelligent Communication
 Media Relations

 Helen Humphrey                      +44 744 922 6720

 Charlie Hobbs                       +44 7897 557112

 Neha Dhakal                         +44 7915 035294

 stai@tancredigroup.com

 

About Streaks:

StreaksAI PLC is a provider of AI based conversational technologies. The
Company offers two core products in the gaming and conversational AI space.

For more information on the Conversational Gaming AI product, please
visit www.playstreaks.com (http://www.playstreaks.com/) .

For more information on the Conversational AI product, please
visit www.streaks.ai (http://www.streaks.ai/) .

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  PRLURRVROKUKUAR