Cykel AI PLC (LSE:CYK) did not get a positive reaction to its announcement that it has launched an app featuring its artificial intelligence automation platform, with the shares falling 14%.
The business automation specialist, which merged with special purpose acquisition vehicle Mustang Energy PLC in July in order to make the jump from its former Aquis listing, said the app is now live, offering a "full feature set".
Cykel said launching the app "ensures that all team members can leverage Cykel's powerful AI automation tools in the manner most suitable to their individual needs and preferences".
Its tools are engineered to integrate AI technology into task management, offering users a platform to enhance their workflow, prioritise tasks and integrate with other software.
Co-founder and executive chair Jonathan Bixby said: "By offering our full suite of features through both a browser extension and now a web app, we're empowering teams to work more efficiently and collaboratively."
Further integrations have also been made to connect the platform with a wider range of software tools and services, Cykel said, with its website saying the platform integrates with 1,000+ apps.
Bixby is a serial entrepreneur, known to investors in NFT Investments, Argo Blockchain, Guild Esports and Cellular Goods.