Industry | 8 May, 2025 at 5:03 PM
Liviu Drăgan, Druid AI CEO, dies at 70
Liviu Drăgan, the Founder and CEO of Druid AI, has died at age 70. He was an engineer, inventor, and business leader with over four decades of experience.
Liviu Drăgan, the Founder and CEO of Druid AI, has died at age 70. He was an engineer, inventor, and business leader with over four decades of experience.
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
Over half of the PE funds in Romania anticipate an increase in M&A activity in 2025 compared to the previous year, according to a Roland Berger study.
Showpad, a global leader in AI-driven revenue enablement technology, has announced the launch of its new R&D centre in Bucharest.
The survey provided more insights into how AI technology is being used to combat money laundering.
The collaboration aims to address the AI skills gap by helping to equip young people with employable AI experience needed to thrive in the new AI-driven economy.
Over 430,000 people used AI Search last year, 70% of them visitors to the Ask BT website.
Twenty-fifth annual edition explores future as AI-powered autonomy takes shape and ripples across all dimensions of how enterprises reinvent technology development.
AI is now largely accepted as key to future success in virtually every industry, and it is time for technology companies to translate the potential of AI into performance.
BT is the first banking institution to integrate artificial intelligence into customer communication, services and processes.
Samsung brings Samsung Vision AI to its largest-ever product portfolio - including Neo QLED, OLED, QLED and The Frame - redefining user interaction.
By 2030, Gen Z will be a key driver of the AI future, comprising 30% of global workforce.
Beyond those already listed, a major challenge is that 54% of IT executives expect budget cuts, while 10% of respondents anticipate an increase in spending on innovation.
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
The Technology and Innovation Division will focus on deploying advanced AI-based systems for ESG management, streamlined operations, and data-driven decision-making.
The company now boasts a team of 35 AI specialists delivering innovative solutions to clients across various industries, both locally and internationally.
The use of AI leads to increase in sales productivity and customer satisfaction and to decrease in marketing overhead costs.
Analysis also reveals alarmingly low supply chain maturity among many organizations with limited ability to benefit from AI and generative AI as a consequence.
66% of consumers find private label just as good as branded alternatives, with 38% having no plans to switch back to branded goods.
Through this collaboration, companies in Romania will have access to an Innovation Lab and to funding to explore emerging technologies such as Generative AI.
The Ministry of Energy has launched the second auction within the state aid scheme in the form of Contracts for Difference (CfD) to support the production of electricity from wind and photovoltaic projects.
The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.
Romania's trade balance deficit (FOB/CIF) reached €8.45 billion in Q1 2025, marking a 26.9% increase (€1.79 billion euros) compared to the same period of last year,
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).