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Cykel AI PLC on Friday saw its shares surge as it said its current momentum is reflective of the ‘growing demand for autonomous digital workers’ The London-based recruitment platform said it is experiencing increasing commercial momentum in its digital worker portfolio. From May 18 to June 18, monthly recurring revenue advanced 68%, said Cykel AI, with it primarily attributing this advance to its autonomous recruitment consultant, Lucy. Shares in Cykel AI climbed 11% to 3.02 pence on Friday morning in London. Founder & Chief Executive Ewan Collinge said: ‘The commercial momentum we’re experiencing demonstrates the growing market for autonomous digital workers. Converting our demo pipeline into revenue shows that organisations are moving beyond evaluation to implementation. I look forward to sharing further announcements about our commercial progress and details of the initial allocation of our bitcoin treasury reserve strategy in the coming days.’ Collinge continued: ‘Our expanding digital worker portfolio positions us well to capture opportunities in the growing AI agent market as we progress through Q3.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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