Thursday, April 16, 2026

Headlines

artificial intelligence

An innovative system for bird protection in wind farms is being developed in Latvia

Latvijas Mobilais Telefons (LMT) and JSC Latvenergo have launched a research project aimed at developing a technology unique in Latvia for the automatic detection and identification of birds in wind turbine parks. This solution will help reduce the risk of bird mortality while promoting the sustainable development of wind energy and compliance with environmental protection requirements. The project is an important step for innovation and nature protection in Latvia, because so far […]

Artificial intelligence will facilitate communication between the Baltic republics

A new artificial intelligence (AI) technology platform provides speech-to-text and text-to-speech conversion, helping organizations automate various tasks in Latvian, Lithuanian, and Estonian. The Lithuanian artificial intelligence (AI) and biometrics technology company Neurotechnology, which specializes in deep machine learning solutions and high-precision biometric identification technologies, has unveiled a new artificial intelligence platform for natural language processing (NLP) tasks […]

At the end of the year, the number of fraudulent calls has quadrupled

The free security solution for combating phone fraud provided by the electronic communications and ICT service provider Bite Latvia blocked almost 660 thousand fraudulent calls in the fourth quarter of this year alone, which is four times more than in the same period last year, reaching the highest intensity level so far. Meanwhile, in the digital environment cybercriminals attack every third mobile device, as recorded by the company’s security service Antivīruss Plus. As […]

The first private artificial intelligence supercomputer cluster in the Baltics has been created

The domestic technology company Datakom and its specialized artificial intelligence department AI Datacenter Engineers have created the first private high-performance supercomputer cluster designed for running and training artificial intelligence models, informs Jūlija Pīlēna, Datakom’s marketing manager. The Datakom supercomputer cluster consists of a combination of two devices that reach a capacity of two petaflops. This means that this device every second […]

A historic deficit has begun in the computer components market

The memory shortage caused by the rapid development of artificial intelligence and data centers around the world has reached a historic level. In the business sector, computer hardware prices could increase by about 30% next year, while in the open market the rise is expected to be even sharper, an expert forecasts, pointing to significant challenges for clients in Latvia and abroad. In the global memory market, the shortage has become so great that […]

A “non-hallucinating” artificial intelligence assistant for teachers has been created

A platform specifically designed for the learning process has been developed – the Letonikas Skola tool, where teachers can create their own learning assistants and provide them with the necessary information by uploading digital versions of textbooks, literary works, or other materials. Using this content, the learning assistant can quiz students, answer their questions, prepare self-assessment tests, as well as evaluate their results, informs […]

Revolut’s valuation has reached 75 billion USD

Today, the financial technology company Revolut announced the completion of a share sale, valuing the company at 75 billion USD. The 75 billion USD valuation is supported by strong business momentum and solid financial results. Revolut’s 2024 revenues increased by 72% to 4.0 billion USD, while profit before tax rose by 149% to 1.4 billion USD. This trend continued […]

“Delska” is building the most powerful infrastructure in the region

At a time when the volume of company data is literally exploding, IT continuity and secure data storage are becoming a critical prerequisite for business growth. Latvian data center operator “Delska” (formerly DEAC), which has recently attracted substantial investments from a Luxembourg fund, is responding to this demand by building the most powerful data center in the Baltics. The new data center in Riga, on Latgales Street with a total capacity of 10 MW, will become […]

There is chaos in the labor market even though unemployment has reached its lowest levels

A typical information technology innovation creates new jobs for IT sector employees, but someone else on the other side of the city loses their job, influence, or half of their income – accountants, taxi drivers, journalists. With generative AI it is different. Since it is based on text, it naturally affects professions that are based on language – programmers, journalists, and lawyers. Also in this case, journalists are […]

“We can be the flagships of artificial intelligence.”

In the field of research and development (R&D), Latvia’s small and medium-sized enterprises invest only when all other needs have already been covered and there is money left over. However, R&D is in fact the very foundation that makes it possible to explore and introduce unprecedented services and products. Working with scientists is often something only large and wealthy companies can afford. Guna Soloveja heads the R&D department in one […]