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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. Lithuania is now fourth in the global fintech ranking after the U,S,, the U,K, and Singapore. Lithuania’s life sciences sector is gaining prominence. But what are the locals excited about on the ground?

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Revolut applies for bank charter in the US

TechCrunch

Companies can also use the service for payments with virtual and physical debit cards. The company recently announced that it was applying for a banking license in the U.K., In Europe, Revolut has a specialized license from the Bank of Lithuania — some customers are already moving their account to Revolut Bank.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

August 1, 2023 China requires AI apps to obtain an administrative license Multiple generative AI apps have been removed from Apple’s China App Store ahead of the country’s latest generative AI regulations that are set to take effect August 15. “As

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