Our weekly selection of the TOP news about Lithuania (24-11-08)
We invite you to check out our weekly selection of the TOP news about Lithuania:
The Lithuanian startup ecosystem has raised 3 unicorns so far, each of them being valued at over USD 1 billion. These are the success stories of Vinted, Nord Security and Baltic Classifieds Group, which have been widely reported in the media. However, with the recent announcement of the unicorn status of Flo Health, the startup with the largest number of employees in Lithuania, the number of unicorns that could be associated in one way or another to our country could be at least 3 times higher.
With the European Union's (EU) new Artificial Intelligence (AI) law coming into force, the Ministry of the Economy and Innovation is preparing to submit to the Seimas draft amendments to the law that will lay the foundations for creating a favourable environment for the development of AI technologies in our country. The Ministry is also already implementing measures aimed at achieving significant progress in this area.
Lithuania Rebuilds Schools, Bringing Hope to Ukrainian Children (Lithuania.lt)
As the new school year begins, Ukrainian children are returning to classrooms and kindergartens rebuilt and restored through efforts of Lithuania. These initiatives are a beacon of hope, signifying the resilience and solidarity between the two nations amidst ongoing war against Ukraine.
Laser Lithuania: why Lithuania is punching above its weight in laser technologies (Lithuania.lt)
Despite its modest size, Lithuania is a global leader in scientific and industrial laser technologies. The country exports laser solutions to over 80 countries and collaborates with prestigious organizations like NASA and CERN. As global demand for laser applications continues to rise, Lithuania’s laser sector shows no signs of slowing down.
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