Tag "AI"
Smart assistant-equipped phones have arrived
A new era of mobile phones has arrived: the integration of artificial intelligence (AI) is fundamentally changing the way we use our devices. The latest generation of devices, such as...
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Nearly €6 Billion in GDPR Fines Since 2018
According to the latest DLA Piper report in 2024, EU data protection authorities imposed €1.2 billion in fines for the violation of GDPR rules, bringing it to a total of...
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AI integration and personalized services will be the hit of this year
The biggest technological challenges for the banking sector in 2025 will be the introduction and use of artificial intelligence (AI) in customer management and internal processes of financial institutions, meeting...
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Perplexity now competes with the biggest players
AI-powered search engine Perplexity’s shopping assistant, launched in the US, not only allows product search and comparison, but also instant shopping. This article is available for reading in Trade magazin...
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Mercadona Customers Get Personalised AI Grocery Assistant
Customers of Spanish retail chain Mercadona can now access a personalised AI grocery assistant that aims to simplify the planning of weekly meals and grocery shopping. MercadonIA is an independent...
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It doesn’t matter whether we regulate or stifle artificial intelligence.
By the end of last year, global AI investments had reached the $500 billion mark, but this is just the beginning, as artificial intelligence is well on its way to...
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Below average AI use at work by Hungarians
Hungarian workers are less likely to use AI for work and personal purposes than the global average, according to a joint survey of more than 150,000 employees in 188 countries,...
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Majority of shoppers use generative AI without realising it
According to a new study, 71% of consumers in the US are unaware that they are using generative AI while shopping online. This article is available for reading in Trade...
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The VOSZ Barometer is low, but the outlook is encouraging
The main indicator of the VOSZ Barometer, launched two years ago, fell to a record low in the last quarter of 2024. During a background discussion presenting the results of...
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AI for increasing customer loyalty
According to a recent survey, companies in the retail sector are increasingly using AI technology to strengthen customer loyalty. This article is available for reading in Trade magazin 2024/12-2025/01. Every...
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Chinese retailers see AI as the future of boosting sales
According to a new survey by Bain & Company, the Chinese e-commerce sector is increasingly adopting AI technology to improve efficiency and boost sales. This article is available for reading...
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IBM, L’Oréal team up to advance AI-driven, sustainable cosmetic formulations
A custom AI model will be created to help L’Oréal develop sustainable and high-performance products. IBM and L’Oréal have partnered to use IBM’s generative AI technology to enhance cosmetic formulations...
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Samsung previews new mobile interactions with spectacular hologram
Samsung lit up the London skyline with a live hologram show, transforming city spaces into stunning canvases in preparation for the Galaxy Unpacked event in 2025 and providing a glimpse...
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Many consumers not aware of AI is in play during online shopping
Well more than half of consumers, 71%, don’t realize they are encountering AI technology during an online shopping experience despite the fact most had recently shopped with retailers using the...
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Using AI in food marketing requires a conscious strategy
In the competition for market share, those companies have the best chances that can tune in to consumer needs the best and act the fastest to satisfy them. The pace...
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How can artificial intelligence unleash creativity?
For over a decade, Galaxy smartphones have helped empower users around the world to be more productive and creative. The Galaxy S Ultra series stands out as a symbol of...
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LG and Microsoft sign strategic agreement in AI field
LG has announced a strategic partnership with Microsoft at CES 2025, showcasing its vision for everyday life infused with AI services. LG Electronics (LG) has entered into a strategic partnership...
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Crisis resistance through AI and ESG
KPMG’s CEO Outlook 2024 survey reflects the views of more than 1,300 global companies, with annual revenues of at least USD 500m. 72% of CEOs are optimistic about global economic...
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Three-quarters of Hungarians are well-versed in AI, reveals Ipsos global survey
The Ipsos 2024 AI Monitor report provides a comprehensive picture of how people around the world and in Hungary relate to artificial intelligence (AI). While the majority trust that AI...
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Sustainability pays off
The EY 2024 Sustainable Value Study involved 520 sustainability leaders, including 50 Hungarian professionals. This article is available for reading in Trade magazin 2024/12-2025/01 EY’s study highlights: companies that prioritise...
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AI-Generated Ads May Have A Negative Effect On Consumer Perceptions
A new study by NIQ suggests that AI-generated advertisements could ‘dampen consumer perceptions’ about particular brands, with consumers viewing AI-driven ad content as more ‘annoying’, ‘boring’, and ‘confusing’ than traditional...
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Food Labels Should Indicate Whether Products Were Made Using AI, Say Consumers
Some 83% of consumers believe that food labels should state whether said products were made with the help of AI technology, a new survey has found. According to the survey,...
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Target launches generative AI gift finder
The Bullseye Gift Finder debuted with a focus on toys and provides shoppers with personalized product recommendations. Target on Friday (December 6) debuted its Bullseye Gift Finder, a generative AI-driven product...
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Alibaba launches AI design tool for U.S. sellers
U.S. retailers selling goods on the Alibaba e-commerce platform have a new solution designed to streamline photography and design with AI. Alibaba International has released Pic Copilot, an artificial intelligence...
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This is what we expect from artificial intelligence: we will be more efficient and have more fun
The Ipsos 2024 AI Monitor report provides a comprehensive picture of how people around the world and in Hungary relate to artificial intelligence (AI). While the majority trust that AI...
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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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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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Intelligent robots: working for us, with us, instead of us
The exponential growth of the robot economy and technological development represent new opportunities, but also challenges for companies. So-called intelligent robots equipped with artificial intelligence can provide solutions to many...
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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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Personal factor
Nowadays it often comes to my mind what certain experts say: university students have to acquire skills for jobs that don’t even exist yet. This article is available for reading...
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