German-owned automotive industry supplier Continental AG opened its Deep Machine Learning Competence Center in Budapest on Thursday.
Key factors in selecting the location of the centre included the availability of AI experts, a sound environment for the automotive industry and a proper infrastructure, Jens Bruening, head of the centre, said.
László Palkovics, Hungary’s minister of innovation and technology, said the choice was also motivated by trust between Continental and the Hungarian government.
The automotive industry is a key sector for Hungary as it has created many jobs and invested heavily in R+D+I here, the minister said, adding that the government would continue to provide every possible assistance to companies establishing similar centres in Hungary.
Featured image: MTI