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LONDON - StreaksAI PLC, listed on the London Stock Exchange (LON:LSEG) (LSE:STK), has officially changed its name to TAO Alpha PLC, reflecting a shift in its business model towards the development of automated revenue-generating AI agents. The change was registered with Companies House on May 12, 2025, and the new ticker symbol TAO will be effective on the Main Market of the London Stock Exchange from May 14, 2025, at 8.00 a.m.
The company’s strategic update indicates a continued advancement of its objectives within the decentralized AI agent economy, particularly in alignment with the Bittensor ecosystem. Bittensor is a decentralized, open-source network that rewards the creation of machine-learning models with TAO tokens, based on the value of the intelligence provided.
Matthew Lodge, CEO of TAO Alpha, commented on the rebranding, stating, "The transition to TAO Alpha marks an exciting chapter in our journey. Our new name better reflects our commitment to innovation, and our refined strategy positions us to seize emerging opportunities within Bittensor’s AI economy. We look forward to delivering on our ambitious goals and creating value for our stakeholders."
Shareholders of the company are not required to take any action in response to the name change. The company has updated its website to https://www.taoalpha.org/, where additional information is available.
The announcement of the name change and strategic update was deemed inside information according to Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). This information is now considered to be in the public domain following its disclosure via a Regulatory Information Service.
The rebranding and strategic pivot to the AI sector reflect TAO Alpha’s ambition to position itself at the forefront of technological innovation and to capitalize on the growing marketplace for AI-driven services and products. This move is based on a press release statement issued by the company.
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