Everything is ripe for disruption

work in progress

• Hollywood. Recently funded Perfection42 targets large animation, CGI and sound studios - offering AI capabilities to automate 2D and 3D computer graphics. Production Tools is all-in-one casting software. Filmustage leverages AI to break down film scripts, create shooting schedules and more - and just closed a round. Originally from Belarus, with CEO Egor and part of the team in Vilnius.
• Fintech. Latitude says that the death of fintech is greatly exaggerated - in fact, it's a golden age ahead. Index has similar views.  More dead seems to be London for fintech scale-ups and their IPOs, according to Revolut.
  
  Just released LT Fintech strategy (draft) is losing steam - and actionable targets. Meantime, heads down, building mode: Argyle 2.0 was launched, Hive5 reached EUR 6m in funded loans,  Softloans just introduced fully embedded eCommerce financing solution for Digital Marketing Agencies. InRento exceeded EUR 10m amount funded (now that's banker look!). UK startup Wombat is landing in Vilnius.

Aiming for impact?
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Secure your place – register (free) at www.govtechleaders.lt. Mark the calendar - 9^th  May, 2023, at Kablys+Kultūra event space, Vilnius.

• Marketplace. Both Billo (100k videos to 17k customers) and Eneba (EUR 27m revenue, profitable) are doing well, thank you.
• AI. Big swings — Is it Don't Look Up Moment for AGI? Indeed perfect time to look into AGI safety career. Google’s AI operation shifts to London, a move with profound implications. You'd love to be infra provider in AI era - Azure ML business is roughly on a $900m run rate, with customers growing 10x - a phenomenal business.
  Back in LT — Genius AI shipping, now automagic ad tool. LitBAN closed generative AI round, to announce soon (Edtech?)