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3 weeks ago | 
tvnet.lv | Anda Asere
Meet the Road strādā kā virtuālais asistents – sarunu robots. Tas cilvēkam uzod dažādus uzvedinošus jautājumus, piemēram, par to, kad un uz kurieni vēlies braukt, brīdina, ka vieta ir īpaši nedroša vai esi ieplānojis tur būt tieši nepatīkamas lietus sezonas laikā. Tāpat risinājums ievāc informāciju par cilvēka interesēm un kompāniju šajā ceļojumā. Vadoties pēc tā, ko mākslīgais intelekts par ceļotāju ir noskaidrojis, tas piedāvā ceļojuma maršruta plānu un iesaka piemērotākās viesnīcas.
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3 weeks ago | 
eng.lsm.lv | Anda Asere
The Latvian Association of Artificial Intelligence is probably one of the youngest associations in Latvia. Why was it created? And why now? Last year, the President of Latvia publicly stated that artificial intelligence is a priority for our country’s development. The association originated from a group of like-minded individuals who gathered over dinner to discuss what was happening, what needed to be done, what could be achieved, and what this priority truly means.
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1 month ago | 
eng.lsm.lv | Anda Asere
The total investment in these projects could reach €10 million, comprised of funding from the Ministry of Defense and additional resources secured by the aforementioned companies. Given the contracts’ built-in potential for third-party integration, the total investment volume may increase over the course of the projects.
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1 month ago | 
eng.lsm.lv | Anda Asere
The transaction is reported to be valued at USD 925 million— USD 150 million in cash and USD 775 million in Redwire shares, reports Labs of Latvia. If all necessary shareholder and regulatory approvals are received, the acquisition of Edge Autonomy is expected to be completed during the second quarter of 2025. “We are excited to join forces with Redwire and combine two industry leaders in advanced multi-domain technologies.
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2 months ago | 
eng.lsm.lv | Anda Asere
The aim is to provide scientists with the opportunity to return to research after parental leave by receiving support for their scientific work, including project writing. On the manabalss.lv website, the initiative’s author, Rūta Bruževica, notes that although demographic improvement is a national priority, many social groups face risks, particularly financial ones, when planning to raise families.
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Jan 8, 2025 | 
eng.lsm.lv | Anda Asere
After a lot of speculation about the new company’s name, it turns out that the name does not include the word “print.” The new name, Fyul, combines the last two letters of each company’s name: “fy” and “ul.”The merger seems logical, given the benefits to both companies of joining forces. However, in light of the intense rivalry between the two companies in the past, the news surprised many.
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Nov 27, 2024 | 
eng.lsm.lv | Anda Asere
This is the first time that a Latvian company has achieved such a high position in this ranking. Meanwhile more Latvian companies named Datorium, Swotzy, and Weedbot were highlighted in the Impact Stars category. The Technology Fast 50 Central Europe list recognizes the 50 fastest-growing companies based on the highest percentage revenue growth over the last four years. During the evaluation period, Jeff App demonstrated an impressive growth rate of 3,652%.
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Sep 2, 2024 | 
eng.lsm.lv | Anda Asere
RITA’s planned co-financing for Startup House Riga over the next three years will support startups and provide them with opportunities to acquire new knowledge, participate in various networking events, and meet with various mentors. “We are very pleased that the Riga Investment and Tourism Agency has recognized the foundation TechHub Riga’s many years of investment in the development of the startup ecosystem and has decided to support our new home, Startup House Riga.
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Aug 20, 2024 | 
eng.lsm.lv | Anda Asere
The turnover of JSC (Joint Stock Company) Printful Latvia increased to 83.7 million euros in 2023, marking a 6.12% rise compared to the previous year. Profits rose to 6.49 million euros last year, reports Labs of Latvia. However, it should be noted that this is only part of the company’s total turnover. The company does not publicly comment on the overall turnover of Printful worldwide. The last publicly known financial data for Printful, Inc.
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Aug 3, 2024 | 
eng.lsm.lv | Anda Asere
The two projects are a device for diagnosing skin melanoma at an early stage and Smart E67, which aims to increase the efficiency and safety of passenger and cargo mobility in the Central Baltic region by introducing smart transport systems. In total, 262 applications were evaluated in the competition, with 25 making it to the finals, so Latvia is punching well above its weight by getting two projects into the final stages. The RegioStars competition also includes public voting.
