AQ22

During a recent AI pitch competition, we were selected as a Public Favorite and won a Fast Track to STARTUP FAIR 2024, organized by Startup Lithuania! We are getting ready and look forward to seeing you all in the crowd! 🚀 Let's go! #AI #AQ22 #startup #fintech #finance Inovacijų agentūra

🇩🇰 AQ22 CTO David Mataciunas participated at the "Nordic and Baltic High-level Forum on AI Readiness", where top governmental leaders and association members were discussing AI capabilities for the region. The new AI Economy: - Developers and users - Applications - Distribution - Tooling - Foundation - Data - AI databases - Chips - Land, power & connectivity It was a great chance to meet representatives from banks like Danske Bank, Nordea and others to chat about what we are building for banks. More news coming soon. #aq22 #fintech #financialsector #loanmanagement

Two weeks left until the ECML PKDD 2024 conference in Vilnius!!! From September 9 to 13, Vilnius hosted one of Europe's biggest machine-learning conferences. It will be the first such conference of that level in the Baltics. I'm super happy that Artificial Intelligence Association of Lithuania is one of the partners of this conference. Huge kudos to our president, Linas Petkevičius, PhD and Tomas Krilavičius for making this happen!!!!! The conference program includes presentations of peer-reviewed novel research, invited talks by leaders in the field, a wide program of workshops and tutorials, poster sessions, a discovery challenge, a demo track, an applied data science track, an industry track and a PhD forum. I'm excited to hear: - Gintare Karolina Dziugaite (Google DeepMind) - Moritz Hardt (Max Planck Institutes Tübingen) - Mounia Lalmas-Roelleke (Spotify) - Katharina Morik (TU Dortmund University) - Patrick Lucey (Stats Perform) and many more amazing researchers. You can't miss this conference. Ticket and other information in the comments #ai #conference #machinelearning #deeplearning

How to pitch in Europe and North America on the same day? 🤔 No, the answer is not deepfaked clones. 😄 5:00 AM - David Mataciunas pitched at the event organized by Startup Lithuania. AQ22 won a spot to pitch at this year's Startup Fair! 10:30 AM - I pitched at Plug and Play Tech Center in Sunnyvale in front of professionals from banks, credit unions, and other organizations. We look forward to seeing the results of this pitch, but we have already met people who are interested in our platform. That's the way! Here are some photos from both of the events. I feel really grateful for all the opportunities that come along, and I think this is a chapter that I will never forget. 🚀 Let's goooo and build!

Growth update: 🚀 Market & case studies: in July, we talked with more than 20 credit analysts and officers to understand our case studies and focus on building what matters. 🎯 Pipeline: we have around 10 banks waiting for our demo and further steps. ⭐️ Demo & platform UX/UI: a couple of edits, and we will be done! We cannot wait to show you. 🇺🇸 Pitching opportunities: we are going to San Francisco for a pitch competition and talks with investors this and next week! So ping us if you are around. 🏎 Speed: We are pushing further with our pilot projects and look forward to showcasing you the results. Thanks for stopping by to read this post and supporting AQ22's journey into the world of finance. #AI #finance #fintech #startup

Will you come by our booth at the World Summit AI? See you in Amsterdam this October. We take bike ride meetings, too! 🚲 Let's talk: - banking automation - loan assessment automation - internal banking operations automation and general AI trends. We are excited to be a part of this year's summit. Till October! Cc: Inovacijų agentūra, Vilius Šlapelis

Fintech x AI is the biggest AI revenue opportunity. Citi says AI could add $170bn to the overall banking profit pool, which would hit $2trn by 2028. This is why Klarna mentions its AI in every press release. We are just warming up! Source: Simon Taylor.

We are thrilled to share the incredible journey of AQ22, a pioneering startup building Large Action Models (LAM) to help address customer queries and make fast decisions based on real-time information. AQ22 is one of the participating startups in the Startup Lithuania Accelerator powered by Plug and Play Tech Center, and they’ve been invited to participate in the Plug and Play GOAL Program in Silicon Valley. Founders Kotryna Kurt and David Mataciunas have leveraged the program's resources to achieve significant growth and development. From invaluable mentorship to powerful networking opportunities, the accelerator has played a crucial role in their success. Read more about their inspiring story and how the GOAL Program is shaping their future: https://bit.ly/3ykbdFZ

Our CTO, David Mataciunas, has been featured in The New York Times, along with other researchers, in a new study from the Data Provenance Initiative. Their research uncovers a critical shift in AI development: the drying up of accessible web data for training AI models. 🌐📉 Over the past year, many key web sources have restricted the use of their data, sparking what we term an "emerging crisis in consent." Their study examined 14,000 web domains and found that 5% of all data, and a staggering 25% of high-quality data, has been restricted. 🚫💾 This tightening access impacts not only AI companies but also researchers, academics, and non-commercial entities relying on public datasets. As Shayne Longpre, the article's lead author, states, "We're seeing a rapid decline in consent to use data across the web." This evolving landscape signals significant challenges and calls for innovative solutions in how we collect and use data for AI training. Incredible team: Shayne Longpre, Robert Mahari, Ariel N. Lee, Campbell Lund, Naana Obeng-Marnu, William Brannon, Nikhil Singh, Manuel Cherep, Joanna Materzynska, Sara Hooker, Sandy Pentland, Jad Kabbara, Caiming Xiong, Hanlin Li, Stella Biderman, and many more contributors. Article by Kevin Roose 🚀 The article is in the comments ⬇️ #ai #largelanguagemodels #machinelearning #deeplearning

We are ready for Silicon Valley, but is it ready for us? 😄🚀🇺🇸 What has happened during the last half a year at AQ22: - We pivoted and then niched down to finance. - Found amazing mentors, who come in with strong industry expertise. - Continued building our Financial LLM. - Had over 40 meetings with prospects for pilots. - Talked with the world's biggest banks and also SME banks. - Signed 3 NDAs and have 2 pilots ready to start. - Finalized all the legal aspects of the business for future investors. - Finished our Plug and Play Europe program. - Were selected to be showcased in World Summit AI (happening in 🇳🇱). - Were selected to participate in the Plug and Play GOAL (Global Overseas Acceleration & Learning) this autumn. But we also had many down moments too, many rejections, many follow ups which never got an answer, and other fails, which we count as lessons on the way to the top. It was a tough, tough road, and when I put it here, it looks like it all simply happened one after another, but there were many roadblocks 🚧 along the way. I remember one week when we were totally confused about whether there was a market fit. 😄 But hey, I guess everyone goes through such moments in the beginning. I keep a notion file with all the challenges and wins so I hope to share it one day with all of you. For now, I am so so so excited to be going to the USA and accelerating our growth even more. Hope you are ready to follow our journey here, on LinkedIn. 🚀 Thanks for all the support.