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IN BRIEF: capAI hires Jayne Lytel to drive capMedia’s AI architecture

ALN

capAI PLC - company focused on artificial intelligence systems for media and medicine - Hires ‘AI innovator’ Jayne Lytel as first senior appointment to ‘oversee AI architecture’ at subsidiary capMedia Inc. Says Lytel will lead design and development of the AI architecture for capAI’s ‘creative platforms’ Game42, Creator42 and Author42. ‘Her appointment marks the start of a carefully sequenced build-out of up to four hires in engineering, growth, and partnerships to accelerate commercialisation,’ capAI says. Lytel will focus on core AI systems across the platforms ‘to deliver scalable performance’, and enable ‘seamless pathways from book creation to cinematic adaptation to interactive gaming to open revenue streams’.

Executive Director Ronjon Nag comments: ‘Jayne’s appointment underscores the technical and editorial depth we are bringing into capMedia. Her work at the R42 Institute shaped Author42, and as AI Architect she will help scale Author42, Creator42, and Game42 into commercial reality - strengthening our strategy and positioning capMedia for long-term value creation.’

Current stock price: 0.33 pence, up 4.8% on Friday afternoon

12-month change: multiplied from 0.030p on September 5, 2024

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