CATENAI PLC (CTAI:AIM) presented an investor update outlining progress at its primary investment, Alludium (also referred to as Eudium), an enterprise AI agent platform positioned to capitalise on the emerging “third wave” of AI focused on autonomous execution rather than content generation. Interim CEO John Farthing introduced the session, with Alludium executives detailing a platform that enables non-technical users to rapidly build, deploy and manage AI agents via a simple chat-based interface. Management highlighted strong market tailwinds driven by widespread adoption of large language models, but argued that true value will be unlocked through AI agents operating autonomously across workflows. Alludium’s platform integrates intelligence, execution, governance and external system connectivity to support task, workflow, domain expert and interface agents, operating across varying levels of autonomy. A live demo showcased the ease of configuring agents for real-world use cases such as email, calendar management, CRM, social media monitoring and sales development. The addressable market was framed as global knowledge workers, with a SaaS-style revenue model expected to go live in February, following early traction with design partners and a growing waitlist. Management cited comparable agentic AI platforms achieving multi-billion-dollar valuations and rapid ARR growth, positioning Alludium as a natively built orchestration layer for the future of work. The team emphasised strong user feedback around autonomous “background” agents and guided configuration, reinforcing the platform’s differentiation versus more technical competitors, and expressed confidence in scaling across additional verticals through 2026.