Continental opens artificial intelligence development centre in Budapest
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
Source: MTI
please make a donation here
Hot news
Finanace Ministry: Hungarian government respects pensioners
Odd sight: Hungarian M35 motorway foaming after a morning rain – PHOTO
Lőrinc Mészáros buys brand-new private jet
AI Summit Budapest 2024: innovations in artificial intelligence draw record crowds
Norway’s Hydro inaugurates aluminium recycling plant in Hungary
5+1 unmissable free programmes in Budapest to start the season right