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Pioneer AI Foundry Venture Partner, Kondor AI, Announces Name Change to "Sundae Bar PLC" Following Successful Acquisition of Ora Technology
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Pioneer AI Foundry Inc. (Cboe CA: JPEG) ("Pioneer" or the "Company") informs that its venture partners, Kondor AI PLC ("Kondor"), the UK-based technology company, today announces that it has formally changed its name to Sundae Bar PLC as part of a strategic repositioning initiative ahead of its forthcoming listing on the London Stock Exchange's Main Market.This name change reflects the company's transition and broader vision ...
About this update from Pioneer Ai Foundry Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Pioneer AI Foundry Inc. (Cboe CA: JPEG) ("Pioneer" or the "Company") informs that its venture partners, Kondor AI PLC ("Kondor"), the UK-based technology company, today announces that it has formally changed its name to Sundae Bar PLC as part of a strategic repositioning initiative ahead of its forthcoming listing on the London Stock Exchange's Main Market.","length":456,"tagName":"p"},{"type":"text","content":"This name change reflects the company's transition and broader vision beyond artificial intelligence and signals a new chapter of brand evolution and market engagement. The company's ordinary shares are expected to be admitted to the Alternative Investment Market (AIM), a sub-market of the London Stock Exchange (LSE) under the ticker symbol "SUN", with the admission anticipated to become effective on or around May 17, 2025.","length":445,"tagName":"p"},{"type":"text","content":"Sundae Bar PLC is focused on developing a unified, two-sided marketplace designed to connect AI developers with businesses seeking scalable, autonomous software solutions known as AI agents. These agents, capable of independently performing complex tasks. The platform will provide essential tools for creating, customizing, and monetizing AI agents, streamlining the path from development to deployment much like modern e-commerce platforms have done for digital entrepreneurs. To accelerate this vision, Sundae Bar recently acquired Ora Technology PLC, whose existing infrastructure supports secure transactions, compliance, and agent management.","length":648,"tagName":"p"},{"type":"text","content":" "The evolution of Kondor AI into Sundae Bar PLC reflects the scalability of agentic IP beyond infrastructure into consumer-facing applications. As we continue to advance Korapilot.ai, our AI trading agent in private beta, we see strong validation for Pioneer's strategy to incubate and partner with companies that turn autonomous AI into accessible, revenue-generating products," said Darcy Taylor, CEO, Pioneer AI Foundry Inc.","length":441,"tagName":"p"},{"type":"text","content":"A full Schedule One announcement, including details of the intended admission, has been submitted to the London Stock Exchange and can be viewed here.","le...