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AI Turns Little-Known Lithuanian Unicorn Into Data Powerhouse

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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.
AI (ORG) Unicorn Into Data Powerhouse Exclusive AI AI (ORG) Unicorn Into Data Powerhouse (ORG) Baltic (ORG) Lithuania (LOCATION) Vilnius (LOCATION) Source (ORG) Oxylabs (ORG) Vytautas Savickas (PERSON)
Originally published by Bloomberg Technology Read original →