Tag "AI"
LG partners with Tenstorrent to develop AI solutions
LG Electronics (LG) and Tenstorrent announced that they have expanded their collaboration to develop SoCs (System-on-Chips) for the global market. Through the partnership, LG aims to further expand its capabilities...
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LG’s car assistant will order coffee if the driver is tired
LG Electronics (LG) presented the newest member of the Mobility Labworks series featuring advanced automotive technology concepts, the Digital Cockpit gamma solution intended for self-driving cars of the future. Following...
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Hungarians use artificial intelligence for work less often than the international average
Hungarian employees use artificial intelligence for work or private purposes less often than the global average. Most often, they rely on software based on this technology for fact-finding, translation and...
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TECHXPO 2024 is coming – Central Europe’s biggest tech summit
A brand new international technology event is making its debut in Budapest, which appeals to professionals and the general public at the same time. TECHXPO is more than an exhibition:...
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LG presented laundry solutions equipped with artificial intelligence
LG Electronics (LG) presented its PROFESSIONAL LAUNDRY product line at the Texcare international trade show for laundry and textile care held in Frankfurt. The new product line, which prioritizes energy...
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Ipsos: we love and fear artificial intelligence at the same time
According to a global AI monitor survey by Ipsos (published in June 2024, involving 32 countries and nearly 24,000 respondents), half of us are enthusiastic about AI and the other...
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Digital companies in Hungary
How are Hungarian firms performing in terms of digitalisation compared to their EU competitors? That’s the question GKI’s analysis aims to answer. This article is available for reading in Trade...
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AI Night: A New Era – How AI is reshaping our lives, work and global society?
The development of AI not only brings revolutionary changes from a technological point of view, but also fundamentally reshapes our everyday life through its social and economic effects, from human...
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In which management situations do domestic companies use AI tools?
The application of artificial intelligence (AI) in business life means not only automation, but also effective support for the work of managers. AI offers opportunities in many areas: in addition...
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China filed the most GenAI patents
According to the latest report from the World Intellectual Property Organization (WIPO), a total of 54,000 GenAI patents were filed worldwide between 2014 and 2023 – and more than 25%...
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Real-time Marketing in Focus at Mastercard’s Space4Commerce Conference
The Mastercard Space4Commerce conference will showcase how instant data, IoT, AI, and big data are transforming the commerce and marketing world. Held on November 14 at Millenáris, the event offers...
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Dunnhumby and Placer.ai use new AI-based tool to analyse competitive threat
Dunnhumby and Placer.ai have developed a new AI tool for assessing the competitive threat retailers represent, and providing information on what features are attractive to shoppers at geographic, chain and store...
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Amazon uses AI to scan products for defects before delivery
Amazon uses AI to detect faulty products before they are delivered. Amazon’s “Project P.I” model (P.I. stands for private investigator) combines generative AI with computer vision to help find defects...
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Many Hungarian companies are already using AI
In early August Hungarian Product conducted a survey among 260 of its trademark-using partners, to find out to what extent they have introduced AI into their business and production processes...
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Zalando and OpenAI deepen cooperation
Zalando is back on track: in the second quarter both sales and profits increased. This article is available for reading in Trade magazin 2024/10 The future may bring greater use...
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Hungarian AI software rewrites the international business world in hospitality
AI-powered Everguest Intelligence offers a complete solution for the everyday tasks of tourism and hospitality professionals. This article is available for reading in Trade magazin 2024/10 100% Hungarian developed Everguest...
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Artificial intelligence has become a constant companion for bank customers
In one year, more than one million conversations and six thousand transfers per month are made with Kate, K&H, the country’s only voice-based digital financial assistant powered by artificial intelligence,...
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Value for money reigns, but we would spend more if…
At the Business Days conference Anita Mekler, a PwC Magyarország partner shared the results of the “Voice of the Consumer” study. This global survey – for the first time –...
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Co-op uses AI to fight GBP 40m losses in the UK
British supermarket chain Co-op is using AI technology to detect offenders carrying hidden weapons or stolen goods, after costs from theft and fraud rose by 19% to GBP 39.5m in...
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SPAR innovates with AI-generated advertisements in Slovenia
SPAR is using AI technology to create promotional videos and in-store holograms on its digital channels in Slovenia, to raise awareness of its customer loyalty programme. This article is available...
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AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...
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AI handbook for the communications industry to be published
Domestic trade organisations, including MAKSZ, MMSZ and MLE have teamed up under the leadership of Nikolett Blaskó to draft an industry code of practice for AI use. This article is...
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EHI: AI is revolutionising retail
According to a new study by EHI, there is great potential in using generative AI in retail trade. This article is available for reading in Trade magazin 2024/11 IT consultancy...
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Mondelēz uses AI to personalise marketing
Mondelēz is launching a new platform to improve its global marketing capabilities and better leverage consumer trends through the widespread use of AI technology. This article is available for reading...
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Shelf space restructuring at Tesco in the UK
Tesco is using AI technology to expand its range of healthy, convenient snacks and meals at more prominent points in its stores. This article is available for reading in Trade...
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The AI-revolution is yet to come
40% of companies are just getting to grips with the business potential of AI technology. This article is available for reading in Trade magazin 2024/11 Although three quarters of firms...
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EY Magyarország to launch pioneering new service with globally acknowledged managers
EY is launching a new service called AI Confidence, to provide an integrated approach for assisting companies in implementing AI solutions. This article is available for reading in Trade magazin...
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Carrefour uses AI to reduce food waste in Belgium
Every day Carrefour has to discount 40,000 near-expiry items in its 831 large stores in Belgium. This article is available for reading in Trade magazin 2024/10 As this is a...
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CBA asked Strand Festival participants about AI use
Nearly 2,000 people completed CBA’s questionnaire survey during the 3 days of Strand Festival. This article is available for reading in Trade magazin 2024/10 The survey tried to find out...
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Most consumers believe AI will increase the risk of financial fraud
Americans are worried about an increase in financial fraud, which they say will be exacerbated by the rise of AI. This article is available for reading in Trade magazin 2024/10...
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