Assistant lawyer Nikola Cīparsone compiled the material. Technology & intellectual property Artificial Intelligence Act: European Parliament and the Council reach provisional agreement Reached: 9 December 2023 The AI Act introduces dedicated rules for general purpose AI models that will ensure transparency along the value chain. Specific banned applications of AI are set, as well as […]
Lithuania’s streamlined licensing environment and openness to innovation have transformed the country into a hub for fintech in recent years, with more than 260 payment platforms, blockchain companies and financial software developers now calling the Baltic nation home. “Previously Lithuania was focused on boosting the number of fintechs coming to the country,” said Eimantas Vytuvis, […]