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IN BRIEF: Astrid announces development of SigmaArena platform

ALN

Astrid Intelligence PLC - London-based company specialising in artificial intelligence, formerly known as Cel AI PLC - Announces the development of SigmaArena, a new subnet being built within the Bittensor decentralised AI network. SigmaArena is designed to support the creation and testing of autonomous AI systems that can make and adapt trading decisions in real time. Astrid says the project is an important step in its strategy to create value on-chain through software and decentralised AI. ‘SigmaArena is expected to provide an open environment where developers can build AI systems that are assessed on performance and adaptability, with the high-performing models expected to form the foundation of future commercial products,’ company says. The subnet is expected to attract contributors from across the Bittensor community. Early agents are expected to focus on crypto trading, with plans to extend into FX and DeFi markets, and will be assessed on predictive accuracy and adaptability. Also, increases total TAO holding to 1,695.70.

Current share price: 0.13 pence on London’s Aquis exchange

12-month change: down 7.1% from start of trade in September

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