Launch of Streaks Idols Social Product

StreaksAI PLC

21 September 2023

 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Press Release

21 September 2023

StreaksAI PLC

('Streaks' or 'the Company')

Launch of Streaks Idols Social Product

StreaksAI PLC (LSE: STK), a UK-based generative AI platform, is pleased to announce the launch of Streaks Idols, a social product and AI character generator which offers a range of customisable AI-powered chatbots capable of sophisticated humanlike interaction.

Streaks Idols allows all consumers to create their own Idol, a realistic online chatbot and avatar which effectively replicates their mannerisms and personality, or which can be customised to create brand new characters. This chatbot can respond to text and voice prompts, with video prompts currently under development. Streaks Idols can be created within minutes via a simple text-based interface.

Streaks Idols is a mass-market product that will enable the general public to generate their own AI characters with innate monetisation, allowing creators to generate revenue as users engage with their online personas. 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. Streaks will generate revenue through the sale of advertisements on the online chatbot interface, and creators will retain full control and ownership over their online avatar.

In addition to serving as an AI companion, the generative AI technology underlying the Idols chatbot can power a wide variety of applications, and Streaks plans to integrate add-on services including calendar tie-in for digital assistant services.

Streaks Idols are accessible on Streaks' website, www.streaks.ai, and on messaging platform Telegram. The Company also plans to roll out the Idols chatbot product on further messaging services including WhatsApp and SMS text messaging.

Proprietary Idols Series

StreaksAI today launches its proprietary Idols Series: digital versions of notable historical and cultural figures created by the Company, as well as further Streaks owned generative AI bots.

Idols launches today with the release of chatbots including historical figures such as the Tudor monarchs Henry VIII and Elizabeth I, and great minds from history such as Socrates. The AI-powered digital facsimiles of these figures utilise historic data allowing the Company to accurately generate the figures' personalities.

In addition to serving as AI companions, the Company intends the Idols Series to provide learning tools across history, modern-foreign languages such as French and Spanish, and STEM subjects, comprising virtual assistants able to teach users new languages and more.

Powered by NLP text generators, the Idols Series has been created by the Company's internal team, and as such StreaksAI retains full ownership. The Company expects the Idols Series to generate revenue through the sale of advertisements.

In addition, the Idols product rollout will feature chatbots of well-known fictional characters from television, books and video games.

StreaksAI's CEO, Philip Blows, said: "Streaks Idols is a revolutionary social product that enables anyone to craft their very own digital avatar, imbued with their own personality, or created from scratch. Not only will this usher in a new era of interactive engagement, but it will empower creators with its innate monetisation opportunity, allowing them to generate revenue while retaining complete ownership of their online persona.

"We are also excited to announce the release of our own Idols Series. The Idols Series is a unique entertainment and educational tool, where you can talk one-on-one with your favourite characters or historical figure. Where better to learn about historical figures than from the figures themselves? By continuing to explore the deeper integrations of generative AI in the conversational and companion space, we are excited to see how tools designed for entertainment can also encourage genuine interest in learning."

For further information please contact:

StreaksAI PLC
Philip Blows Chief Executive	via Tancredi [phone]
Tennyson Securities
Corporate Broker Peter Krens	[phone]
First Sentinel
Corporate Broker Brian Stockbridge	[phone]
Tancredi Intelligent Communication
Media Relations Helen Humphrey Charlie Hobbs Neha Dhakal [e-mail]	[phone] [phone] [phone]

About Streaks:

StreaksAI PLC is a provider of AI based conversational technologies. The Company offers two core products in the gaming and conversational AI space.

For more information on the Conversational Gaming AI product, please visit www.playstreaks.com.

For more information on the Conversational AI product, please visit www.streaks.ai.

 

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