City
Epaper

Lithuania advances AI development initiatives

By IANS | Updated: July 30, 2024 19:50 IST

Vilnius, July 30 Lithuania's Ministry of the Economy and Innovation said Monday that it has been preparing to ...

Open in App

Vilnius, July 30 Lithuania's Ministry of the Economy and Innovation said Monday that it has been preparing to submit draft amendments to the Seimas to create a favorable environment for developing artificial intelligence (AI) technologies in the country.

Lithuania aims to become a "center for AI innovation" and create "the most favourable environment for innovative companies to create and develop AI solutions," the ministry said in a press release.

The ministry has developed financial measures to support this goal to grow the AI ecosystem. Last year, it launched a 15-million-euro call for start-ups to develop solutions based on advanced technologies such as AI, blockchain, and robotic process automation, Xinhua news agency reported.

Furthermore, it has planned actions to develop AI innovation and technology in the public sector, featuring collaboration among researchers and innovative companies to harness AI's potential, test its applications within public sector institutions and integrate these technologies into public services.

In addition, a 35-million-euro package is planned to create digital resources for the Lithuanian language, which are essential for developing and adapting AI solutions. Calls for projects in this area will be launched this year.

--IANS

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketAUS vs IND, Canberra Weather Forecast: Will Rain Play Spoilsport in Australia vs India 1st T20I Match?

NationalBJP govt prioritising tribal welfare, claims Tripura CM

International‘Storm of the century’ makes landfall in Jamaica as island braces for huge damage

EntertainmentKim Kardashian shares why brother Rob Kardashian returned to reality TV

National‘Bundle of false promises’: BJP slams INDIA Bloc manifesto

International Realted Stories

InternationalICG conducts long-range medical evacuation of critically injured Iranian fisherman in Arabian Sea

InternationalEarthquake of magnitude 6.5 rocks Banda Sea

InternationalAfghanistan warns of 'strong response' after collapse of Istanbul talks with Pakistan

InternationalASEAN-India Summit serves as groundwork for multipolar and sustainable region: Report

InternationalBangladesh: Jamaat argues upcoming polls cannot be held under caretaker govt