Tag "AI"

K&H: an exemplary alliance in the field of artificial intelligence development

The research cooperation agreement signed today by the representatives of the University of Szeged and the K&H Group aims at a more thorough understanding of the functioning of natural human...

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Speciesism in AI could hinder animal welfare reforms and the shift to plant-based diet

Speciesism is a strengthening concept in animal ethics that claims a moral advantage for members of the human species. According to Food Ingredients First, animal rights groups are concerned about...

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Great past and great future for Rossmann

Rossmann celebrated its 30th anniversary last year, opening its 250th drugstore. László Flórián, managing director of Rossmann Magyarország Kft. talked to our magazine: “At the level of numbers everyone made progress in...

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New crops may conquer farmland

Sweden’s OlsAro, a start-up developing crop varieties resistant to environmental stressors, plans to launch a salt-tolerant wheat variety in the near future. This article is available for reading in Trade...

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The number of Hungarian businesses is decreasing

The number of Hungarian businesses is decreasing, i.e. terminations and liquidations exceed the number of newly founded companies, which may be due to insufficiently careful business planning or even inefficient...

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Coffee blends made with AI in Finland

An artisan roastery in the Finnish capital has launched a coffee blend developed using AI. This article is available for reading in Trade magazin 2024/6-7 The company hopes the technology...

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AI in the beauty industry: L’Oréal brings the future with bioprinted skin, GenAI content lab and AI assistant

At Viva Tech, L’Oréal presented a remarkable bioprinted skin technology that could completely change the way products are tested in the future. In addition, the company created an AI-based lab...

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Germany’s Biomarkt partners with AI app

In April Biomarkt Verbund, the association of independent health food stores started a nationwide cooperation with diet planning app Choosy. This article is available for reading in Trade magazin 2024/6-7...

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EN-CO Software develops quality control technology based on artificial intelligence

EN-CO Software Zrt. has received HUF 420,430,500 in non-refundable funding from the National Research, Development and Innovation Office (NKFIH) tender, from which it is developing quality control technology based on...

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KPMG: Audit is moving from digital to the era of artificial intelligence

Artificial intelligence is starting a real revolution in the field of financial reporting and auditing. Almost three-quarters of companies already use this to some extent to prepare their financial reports,...

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In Hungary, more than 50% of HR experts support the use of artificial intelligence

Sorry, this entry is only available in HU....

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AI is already knocking on the kitchen door: SmartThings as the driving force of the 21st century household

Among other things, new-generation Samsung household appliances can reinterpret the concept of the kitchen with the help of artificial intelligence. Thanks to AI options and SmartThings functions, many of our...

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Digital strategist: the data-based economic model can bring Hungary a real breakthrough

We have been talking about the term “paperless” office for almost 5 decades, and especially since the pandemic, companies have been digitizing at a crazy pace so that they can...

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We spend carefully: 43% of consumers fear that their financial situation will deteriorate

Although concerns about the cost of living have eased, consumers remain confident that the price of consumer staples will moderate. The ever-increasing inflationary pressure not only rearranges consumer trends, but...

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The world’s largest industrial tomato processors are meeting in Budapest

The biggest players in the global industrial tomato processing and production sector have arrived in Budapest for the 15th World Congress and 17th Symposium of the World Industrial Tomato Council...

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Innovation Day for the fourth time this year

This year’s Innovation Day event and the awards ceremony of the Inno d’Or – Innovation of the Year 2024 competition was organised at Hungexpo on 16 May. This article is...

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Tesco leverages artificial intelligence for loyalty

The British market leader Tesco and German discount challenger Lidl have entered an intense battle about customer loyalty in Great Britain. A new Clubcard initiative supported by artificial intelligence aims...

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SAP equips all its cloud products with AI capabilities and builds cooperation with leading AI companies

SAP’s annual conference is traditionally attended by a lot of attention, where the market leader in business software used to announce its latest developments and latest collaborations. At the SAP...

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Data and AI write the future together, but we just don’t trust them: only 20 percent of managers make decisions based on data

Almost all of our activities have become faster and more efficient thanks to the technological revolution taking place before our eyes, but along with the brave new world has come...

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Innovations – more nuanced ways and preferences

With a record annual inflation rate of 17.6% measured by the Central Statistical Office (KSH), it is understandable that the appeal of private label (PL) products has continued to grow....

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An opportunity out of compulsion: Hungarian e-retailers can win by crossing the border

The appearance of Temu caused a bigger market shock in domestic e-commerce than the coronavirus epidemic and the war in Ukraine. A thoughtful use of AI can stand out from...

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Retail trade 2023: rationalising consumers, technological development

In this article we try to paint a picture of what happened in retail trade last year. 2023 was a challenging year for the food sector in Europe and overseas....

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AI Readiness – or how are companies doing with artificial intelligence?

The latest market research by System 32 IT Kft. sought to find out how “MI ready” a business is, i.e. to what extent the given organization is ready to use...

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Tesco introduces AI refrigeration technology to cut energy costs in the UK

Britain’s Tesco has introduced AI-based refrigeration technology to cut its energy costs by 10% and save more than 385 tonnes of carbon dioxide in its operations. This article is available...

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Distributors say AI could be a game changer in the fruit supply chain

AI technology has the potential to change the supply chain for produce and fresh fruit, according to fruit and vegetable distributors. This article is available for reading in Trade magazin...

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Aldi introduces AI-powered checkout-free technology in the US

Germany’s Aldi and its partner Grabango have officially announced the launch of an Aldigo pilot programme, offering checkout-free technology in one of the discount chain’s Chicago stores. This article is...

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Nestlé uses data science and AI to identify climate-resilient coffee plants

Nestlé’s experts are exploring how advanced data science and AI can be leveraged to select and breed more climate-resilient plants in the face of the climate change that is threatening...

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The European Commission has created a new agency to regulate artificial intelligence

The European Commission has announced that it will create a new office whose main task will be to regulate the applications of artificial intelligence (AI) in the territory of the...

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Self-checkouts also need a better strategy to succeed

Grocery Dive’s report on self-service checkouts and Mordor Intelligence’s forecast suggest that the self-service checkout market can grow by an average of 10.2% per year between 2024 and 2028. This...

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LG presented its analysis of key technologies in robotics and the metaverse at the ICLR 2024 conference

May 7-11 LG Electronics (LG) was able to present its research results at the International Conference on Learning Representations (ICLR) 2024 held in Vienna. Among the many submissions received, LG’s...

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