Liang Wenfeng, the founder of DeepSeek, has become the richest founder of an AI model company in the world. According to the Bloomberg Billionaires Index, his fortune has risen to 36 billion dollars, putting him ahead of sector leaders such as Greg Brockman of OpenAI and Dario Amodei of Anthropic. This ranking focuses specifically on [&hellip

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Intel is to invest €5 billion in its Irish operations, creating hundreds of high-tech jobs at its Leixlip campus as the company latches on to demand for next-generation chips to power artificial intelligence (AI). The company said it will create several hundred new jobs at its Irish base, as well as thousands of construction jobs. [&hellip

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In what is a natural evolution for AI-enabled technology company SevTech, they have launched Forge, a software delivery engine powered by AI. The company, which was founded in 2025 and is led by Rob Curley, readily embraced AI from its origin, using it to speed up application development. But now, with Forge, they’re taking it [&hellip

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Almost six in ten (59%) Irish employees are leaving themselves and their employers vulnerable to hackers by using the same passwords across their personal and work online accounts. Of these one in five (18%) admit to “always” doing so. According to new research from the leading Irish insurance broker, Gallagher and the Centre for Economics [&hellip

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Amsterdam-based start-up Promptwatch raises six million euros in venture capital in a seed round. The new funds will go towards product development and international expansion, including the opening of an office in New York. Promptwatch has built a platform that allows agencies, advertisers and SEO specialists to monitor prompts and volumes, but also manage ChatGPT [&hellip

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69% of the mobile phones that the Consumers’ Association has examined since June 2023 fail the facial recognition test. These phones can be unlocked simply by holding a photo of the owner in front of the camera. That is a worse result than three years ago, when researchers were able to open 43% of the [&hellip

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Sponsored content Think Irish tech success stories (and recently we’ve had the huge Intercom/Fin buyout by Salesforce for €3.6 billion) and it’s easy to think of Dublin city centre or Silicon Valley start-up hubs. However, some of the most interesting growth stories are emerging from places that until now have sat outside of the spotlight. [&hellip

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Ransomware activity grew slightly between the first and second quarters of 2026 but significantly year over year, and there were more hacker groups active during April, May and June than in any previous quarter, researchers said on Thursday. Cybercrime actors claimed breaches of 2,279 victims in Q2 2026, a 7% increase over Q1 2026 but [&hellip

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The German army is embarking on an ambitious initiative to establish a massive satellite constellation, aiming to become one of the world’s leading operators of space fleets, second only to SpaceX’s Starlink. By 2030, the Bundeswehr plans to deploy up to 1,200 satellites, reflecting the strategic conviction that dominance in space is now a precondition [&hellip

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Blue Origin is seeking about $10 billion (€8.7 billion) in its first external funding round, which would bring the company’s market valuation to $130 billion. According to reports from CNBC, Jeff Bezos plans to invest $2 billion of his own wealth, while Coatue Management, a hedge fund, is expected to contribute $4 billion. The final [&hellip

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Beijing has unveiled a comprehensive climate strategy for the period up to 2030, with the emphasis on further integrating renewable energy into industrial activities, transport and data centres. This updated roadmap marks a strategic change of course for the world’s largest emitter of greenhouse gases. Instead of focusing solely on expanding clean energy production, the [&hellip

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A team of engineering students from Trinity College Dublin have revealed their fourth-generating racing car that will be competing at Formula Student UK, Europe’s leading educational engineering competition. The team’s fourth internal combustion vehicle, Bruce, has been entirely designed, built and tested by students over the past year. The team’s autonomous division will also compete [&hellip

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SpaceX, as we are told, is an artificial intelligence (AI) company. No surprises, then, to see its share price dropping. Shares closed on Wednesday below the $150 (approx €131) opening price for the first time. Clearly this is not the AI stock implosion the entire world is somehow both braced for and utterly unable to [&hellip

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Bank of Ireland and Google have announced a new partnership that will provide up to 10,000 Google AI Professional Certificate scholarships to Bank of Ireland’s SME customers. Up to 10,000 fully funded scholarships for the Google AI Professional Certificate are available at no cost to Bank of Ireland’s SME customers through the Grow with Google [&hellip

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Europe is expanding its flagship initiative to support tech champions, as the European Investment Bank (EIB) Group, and major institutional investors and asset managers together with the support of the governments of all 27 EU member states are teaming up to mobilise up to €80 billion for investment into highly innovative companies scaling up to [&hellip

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This week, Samsung’s profits are up 1,800% yet its share price goes down; we get a tease of Google’s Pixel 11 coming in August, and Microsoft announces another round of job cuts. We also look at why businesses are struggling to turn the AI hype into returns with our guest, Denis Hannigan, AI & data [&hellip

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We’ve all done it. We’re all guilty of it. The half-accomplished DIY job, the abandoned ‘project’, the subscription to a service we joined fired by the first flush of an enthusiasm that petered out after a few weeks. Been there, got the T-shirt and we’d wear it if only we we could remember where we [&hellip

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Apple lost its bid to escape digital competition rules after an EU court rejected the US giant’s challenge. Apple appealed the European Union’s decision to apply stricter rules known as the Digital Markets Act (DMA) on its operating system iOS and App Store. “The General Court dismisses all the actions brought by Apple,” the Luxembourg-based [&hellip

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The European Parliament has once again taken a step towards the introduction of the digital euro. A majority of the competent parliamentary committee has approved the proposal, allowing negotiations with the EU Member States on the final legislation to begin. The digital euro is a digital version of cash issued by the European Central Bank [&hellip

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The share price of tech company SpaceX has, for the first time, closed below the opening price of $150. At time of writing shares are trading at $148.26, putting investors at a loss. Without any notable changes in the market or at the company itself, SpaceX’s share price is falling after an initial rush among [&hellip

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In association with Dell Technologies More than 140 senior business leaders and board members gathered at The Alex Hotel in Dublin recently for a special Institute of Directors (IoD) Ireland event, held in partnership with Dell Technologies, for a discussion on how AI is shaping long-term growth and competitiveness. Taking place at a timely moment [&hellip

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KPMG has announced a new partnership with bioastronautics researcher Dr Norah Patten as she prepares for her historic research spaceflight. Alongside its landmark sponsorships of leading Irish sportswomen including golfer Leona Maguire, former jockey Rachael Blackmore, and athlete Rhasidat Adeleke, this new partnership represents an expansion of KPMG’s ambassador programme into science, technology, engineering, and [&hellip

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WrxFlo, the Irish AI-powered software company helping large industrial manufacturers and logistics businesses transform their operations, has raised €3 million in funding. The round was led by Elkstone, with participation from existing investors Furthr VC and Enterprise Ireland, as well as a number of angel investors. The investment will accelerate WrxFlo’s expansion in the UK [&hellip

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Dedalus Ireland today officially opened its new Irish headquarters at Northwood Business Park, Dublin, at an event attended by Minister for Enterprise, Tourism and Employment Peter Burke, Michael Lohan, CEO, IDA Ireland, and Counsellor Edoardo Berionni Berna, Deputy Head of Mission, Embassy of Italy in Ireland. The opening marks a significant milestone in Dedalus’ continued [&hellip

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In association with BeSecureOnline E-mail is entering a new era. For decades, e-mail has been largely open, inexpensive, and accessible to everyone. While this openness helped make email the world’s most important business communication platform, it is an environment where spam, phishing, spoofing, and cybercrime flourished. The future of e-mail, however, is beginning to resemble [&hellip

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AI is unlikely to restore high productivity growth in Western countries, Nobel Prize winner in economics Christopher Pissarides said in an interview with Bloomberg. Pissarides warned that it is unlikely AI will restore the high productivity growth previously seen in Western countries. Despite the optimism of government officials and technology leaders, he suggested that the [&hellip

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Chinese AI company DeepSeek is currently working on the development of its own semiconductor, according to Reuters. Sources indicate that this hardware is specifically designed for inference, the process in which a pre-trained model interprets user input and provides answers. DeepSeek is joining a broader trend among leading AI organisations to produce specialised hardware in [&hellip

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The European Central Bank (ECB) has instructed financial institutions in the eurozone to develop strategies to combat AI-based cyber threats. Banks have four months, up to and including 31 October, to submit these frameworks in order to prevent disruptions to payment systems and the erosion of public trust in the financial sector. The regulatory measure [&hellip

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Apple has removed the Russian messaging app Max from the App Store. The app was developed by the Russian technology company VK, whose leadership is subject to Western sanctions. According to Apple, the removal is a consequence of these sanctions. The Russian government regards Max as the national messaging service and wants it to gradually [&hellip

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The Dublin InQuirer recently put a question to Irish Water that should have been easy to answer: how much water do data centres around the country actually use? The utility’s figure, dating from 2021, was about 810 megalitres a year from the public mains for the entire sector. Yet that same year, Meta reported withdrawing [&hellip

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Druid Software, a provider of specialised core network software, has acquired the team and intellectual property assets of Node-H, a Munich-based specialist in radio access network (RAN) software and user equipment technologies. Financial terms of the deal were not released. The transaction brings a highly experienced group of software engineers into Druid and adds complementary [&hellip

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Germany’s ambition to guarantee technological independence through the Jupiter supercomputer is currently being hampered by administrative sluggishness, reports German business news outlet Handelsblatt. Industry leaders such as Jarek Kutylowski of DeepL have stressed the urgent need for such computing power in order to remain competitive in a rapidly changing market, but practical use by private [&hellip

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To counter the growing wave of AI-generated marketing junk, Reddit has implemented its own AI-driven countermeasures. The platform is currently fighting ‘stealth marketing’, a strategy in which companies post fake reviews and discussions to mislead AI chatbots such as Gemini and ChatGPT into recommending their products. Because these bots rely on huge datasets and often [&hellip

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South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won (€58 billion) – up 1,810% year-on-year, a company statement said. Frenzied global demand for [&hellip

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Cloudflare is to reverse its default settings for AI traffic on its network. From 15 September, crawlers that collect content for AI training will then be blocked by default on pages that display adverts. Search crawlers will still be allowed. At the same time, the company is restructuring its payment model so that online publishers [&hellip

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A survey by TechCentral.ie in association with DNA IT Solutions is polling IT professionals for their experience of working with managed service providers. Most Irish businesses pay an MSP to keep their systems secure, their data protected, and their operations running, yet few have ever had that work independently checked. “Whether you’re choosing a new [&hellip

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To reduce costs, Microsoft is cutting its total workforce by 4,800 employees, which amounts to 2.1% of its global staff. Amy Coleman, the company’s chief people officer, attributed these changes to the unprecedented pace at which technology is currently developing and being implemented. The Xbox division is the hardest hit by these cuts: around 20% [&hellip

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Major technology companies such as Amazon, Google and Microsoft are investing almost $1 trillion (€874 billion) in AI infrastructure, but the true environmental costs of that expansion are often obscured, according to The Wall Street Journal. Although these companies publish sustainability reports, most only disclose the water consumption that is used directly on site for [&hellip

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According to a report in The Wall Street Journal, SpaceX has unveiled a prototype of an AI-powered handheld device to its stakeholders. The device is described as slimmer than a typical iPhone; its design is reminiscent of a cross between a compact smartphone and a dedicated AI gadget such as the Rabbit R1. Although the [&hellip

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In order to benefit from the global rise of artificial intelligence, South Korean semiconductor giant SK Hynix is launching a listing in the United States worth $28 billion (around €24.5 billion). According to official regulatory documents, the company plans to offer 17.79 million new shares via depositary receipts on the Nasdaq. That move is intended [&hellip

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