RNS Number : 2680B
Kondor AI PLC
30 January 2024
 

30 January 2024

Kondor AI PLC
("Kondor" or the "Company")

Launch of Kondor 2.0 and Kondor Plus Features

Kondor (AQSE: KNDR), a technology company developing advanced artificial intelligence ("AI") products, is pleased to announce the launch of its Kondor 2.0 imaging platform and the launch of its premium Kondor Plus feature set.

 

Kondor 2.0 is a mass-market product that will enable the general public to use AI Vision at scale for everyday tasks such as fashion, food, travel and shopping.  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.

 

Kondor will generate revenue through its premium Kondor Plus priced at $12.99 per month which includes an expanded feature set that allows for unlimited use, chat history, faster AI models and unique beta feature access.

 

Jonathan Bixby, Co-Founder and Executive Chairman at Kondor AI, said: "Kondor is a revolutionary

vision AI product that enables anyone to use AI vision in a user friendly and entertaining way.  Getting the Version 2.0 product to market along with our first version of monetization is a significant milestone for the Company.  We are excited to see start directly marketing to consumers in the near future."

 

The Kondor app is now available on the Apple App Store and the Kondor website https://www.kondor.ai/.

 

About Kondor

 

Kondor operates a software business engaged in the development of advanced artificial intelligence ("AI") products with a particular focus on vision-based AI, offering these to business customers through a "software as a service" (SaaS) model. 

The company's main product is the Kondor AI app, which analyses pictures and live photos, providing solutions to questions and challenges based on visual input. 

The Company's admission document is available to view on its website: https://www.kondor.ai/

 

The directors of Kondor accept responsibility for this announcement.


For further information please contact:

Kondor AI PLC

Jonathan Bixby, Executive Chairman

Via First Sentinel

First Sentinel Corporate Finance Limited

Corporate Adviser and Joint Broker

Brian Stockbridge

Gabrielle Cordeiro

 

+44 (0) 7858 888007

Clear Capital Markets Limited

Corporate Broker

Bob Roberts

+44 (0) 20 3869 6080

 

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