Hungarian business develops AI-driven invoicing system

Kontron Hungary has developed an automated invoice processing and data analysis solution that uses artificial intelligence (AI), the IT company told MTI.

The project was supported by HUF 355 million (EUR 890 thousand) from the National R+D+I Fund. Kontron Hungary had a net revenue of HUF 40.4 billion (EUR 101 million) last year, public records show.

Fidesz MEP urges rethink of punitive tariffs on Chinese EVs

Enikő Győri, an MEP of governing Fidesz and a member of the Patriots for Europe group, pressed the European Commission to review temporary punitive tariffs on imports of electric vehicles from China in light of member states’ doubts that the measure serves the interests of Europe in a statement issued on Tuesday.

Győri said the EU’s automotive industry, which depended on parts from China, had protested the punitive tariffs. She added that a trade war with China would put the EU’s supply chains at risk and could further damage local production and competitiveness.

Győri said the measure served the interests of neither car makers nor European consumers, who would have to pay more for their EVs. The step doesn’t advance the green transition either, she added.

“I hope that this isn’t about a superpower outside of the European Union trying to force the EU into a trade war,” she said.

Hungary’s task, as it holds the rotating presidency of the Council of the EU, is to outline the benefits to competitiveness of adopting a policy of economic neutrality, “free of ideology”, Győri said.

Read also:

• Hungarian study: People understand robots that use emotionally suggestive sounds instead of words
• National Economy Minister points to need for promoting use of AI among businesses

Featured image: illustration, depositphotos.com

Follow us also on Google News!