Technology
AI Turns Little-Known Lithuanian Unicorn Into Data Powerhouse
Key Points
Exclusive AI AI Turns Little-Known Lithuanian Unicorn Into Data Powerhouse A Baltic tech company tucked away on the site of a former sock factory has soared to become Lithuania’s latest unicorn, positioning itself as the workhorse of the data-driven artificial intelligence revolution. Vilnius-based Source, a web-data group that launched Tuesday as the umbrella group for Oxylabs and four other web-intelligence companies, is growing rapidly as AI developers fuel demand for public online data,...
Exclusive
AI
AI Turns Little-Known Lithuanian Unicorn Into Data Powerhouse
A Baltic tech company tucked away on the site of a former sock factory has soared to become Lithuania’s latest unicorn, positioning itself as the workhorse of the data-driven artificial intelligence revolution.
Vilnius-based Source, a web-data group that launched Tuesday as the umbrella group for Oxylabs and four other web-intelligence companies, is growing rapidly as AI developers fuel demand for public online data, Chief Executive Officer Vytautas Savickas said. The company has increased its data-processing capacity tenfold to keep pace with demand.