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Cooperation between Hungarian scientists of the Silicon Valley and Hungary’s “dynamically developing” digital economy could be mutually beneficial, President János Áder said during a visit to Redwood, California.
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GlovEye, a Hungarian startup that makes a device that “translates” printed text into Braille, has won Pitch at Palace Hungary 1.0, a networking platform for entrepreneurs founded by the Duke of York.
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Budapest’s University of Technology and Economics (BME) and Eötvös Loránd University (ELTE) are a part of the AI4EU consortium which has won a 20 million euro European Union tender to work on projects related to artificial intelligence.
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Innovation and Technology Minister László Palkovics met David Cornstein, the United States’ ambassador to Hungary, to discuss chances to cooperate in the areas of energy, economic development and innovation.
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Some 84% of executives globally say their organization has some involvement in blockchain technology, yet only a narrow layer utilizes the technology in Hungary, according to research by professional services firm PwC.
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According to a survey by U.K. industrial component supplier RS Components, Budapest ranked 70th out of 90 cities on a list of best places for tech lovers.
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