Tag "AI"

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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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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GVH president: The key issue is the broad but correct application of artificial intelligence

“The broad, but correct application of artificial intelligence can have a significant positive effect on the productivity and competitiveness of domestic enterprises,” stressed Balázs Csaba Rigó, president of the Economic...

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Sustainability investments pay off in our country

Sustainability investments pay off better than expected at domestic companies that take the designated climate goals seriously, according to EY’s international research with the participation of more than 500, including...

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GVH: The application of artificial intelligence can increase the competitiveness of Hungarian enterprises

The rapid spread of artificial intelligence (AI) technologies, or if they do not start using them, can cause a competitive disadvantage for small and medium-sized enterprises – among other things,...

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The work of green space maintainers is already supported by AI

Thanks to a new AI-based development, we can not only save time and energy, but also make the lawn care of sports and golf courses and various facilities more cost-effective....

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Co-op fights £40m shoplifting losses with AI-powered security

Co-op is now using artificial intelligence to detect offenders carrying concealed weapons or stolen goods after it revealed leakage costs from theft and fraud rose by 19% to £39.5m in...

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KPMG develops AI-powered document processing system

With its solutions KPMG Magyarország – 35 years old this year – focuses on enterprise digitalisation and the future-proof use of AI. This article is available for reading in Trade...

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Wholesale trade trends after 2024: tech, AI, sustainability…

Wholesale is undergoing a huge transformation, driven by changing consumer demands, technological advances and strengthening competition. This article is available for reading in Trade magazin 2024/10 E-commerce continues to grow...

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An AI-based solution for managing real-time guest reviews: SurvAI by Everguest Intelligence has arrived

Everguest’s new AI-based software solution, SurvAI by Everguest Intelligence, has arrived, allowing hospitality professionals to collect feedback from guests in real time and respond immediately to comments. With SurvAI’s AI-based...

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More and more companies are investing in generative artificial intelligence

The introduction of generative artificial intelligence has reached a turning point: two-thirds of companies have invested more in the technology. Despite increased investments and enthusiasm, data and risks are still...

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Due to language difficulties, travelers insist on the convenience of popular tourist destinations

Samsung’s latest research shows that 72% of European vacationers[2] say that they would enjoy their vacation abroad much more if they could communicate better and without problems with the locals....

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NGM State Secretary: artificial intelligence has become part of everyday life

Digitization is a priority sector, artificial intelligence (AI) has become part of everyday life – said Richárd Szabados, the State Secretary responsible for the development of small and medium-sized enterprises...

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Cybercrime and AI: threats and opportunities

Cybersecurity futurologist and founder of the Info/Cybespace, Trends, Buzz and Networking Day (ITBN), Arthur Keleti has given an insight into the true nature of cybercrime, together with solution suggestions. This...

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The EU’s artificial intelligence regulation is evolving

More than a hundred companies have joined the European Union’s Artificial Intelligence Pact, which came into effect on August 1st, and aims to promote reliable and safe AI development. The...

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Only 15% of Europeans know how to use artificial intelligence in everyday life

Samsung’s latest research shows that only a fraction of Europeans feel confident that they can use AI in their everyday lives. According to the survey of more than 11,000 participants...

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The AI ​​revolution awaits: two-fifths of companies are still exploring the business opportunities inherent in artificial intelligence

While the world is burning with the fever of artificial intelligence-based tools available for free, the AI ​​hype is a little more subdued in the corporate sector: although almost three-quarters...

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Researchers’ night – METU welcomes interested parties with educational and entertainment programs

On September 27 and 28, the Budapest Metropolitan University (METU) will join the national event series of the Night of Researchers for the first time: on two campuses, it welcomes...

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Personalized education in the online space? With artificial intelligence, this will soon be possible

Codecool revolutionizes and makes digital education more efficient with its new platform based on artificial intelligence. One of the leading digital skills training players in East Central Europe is developing...

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Here’s what consumers want from online grocers

A new survey reveals the types of features and services that draw shoppers to online grocery retailers. According to the results of a recent poll of 1,000 U.S.-based adults about...

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Controversy has erupted over Tesco’s CEO’s proposal regarding loyalty card data

Ken Murphy, CEO of Tesco, has sparked a lively debate in the UK with his new proposal to use loyalty card data. According to an article in The Telegraph, Murphy...

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Shopping experience and social responsibility – AI in the beauty industry

AI-driven developments are booming in every sector and the beauty industry is no exception. AI technology has fundamentally transformed the way consumers interact with beauty products, together with the way...

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AI in the FMCG sector: companies need to act now!

At Trade magazin’s Innovation Day conference editor-in-chief Zsuzsanna Hermann interviewed Dr György Tilesch, a global AI expert based in California and founding president of the PHI Institute for Augmented Intelligence....

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