Eileen O'Mara, vice-chair of Stripe, emphasized the importance of Irish talent to the company's success and reaffirmed their commitment to investing in the local workforce. This expansion will add 200 new roles at Stripe's Dublin office, reinforcing its growth in the fintech sector.
The European Commission has increased its investment in the flagship research and innovation programme by an additional €500 million, bringing the total budget to approximately €14.8 billion. This significant funding boost aims to further support advancements in key sectors such as biodiversity and artificial intelligence.
According to Eurobarometer research, a significant number of workers across the EU have faced cyber threats on the job. Notably, workers in Ireland demonstrate a stronger belief in the importance of cybersecurity compared to the EU average.
Anna Mazzone from ServiceNow explores the key obligations under the Cyber Resilience Act (CRA) and highlights why an increasing number of Irish software companies could fall within its scope, often without realizing it.
UK-based digital bank Monzo is reportedly considering acquisition talks with Brazil's Nubank, alongside the option to pursue a significant new funding round as it looks to accelerate growth.
Databricks has announced the acquisition of Row Zero, integrating a governed, live-data spreadsheet solution into its Genie platform. This move comes shortly after Databricks reached a valuation of $190 billion, reflecting its ongoing commitment to advancing data management and governance capabilities.
During a Workday-hosted roundtable in Dublin, four industry experts discussed the challenges of AI adoption, the urgency of reskilling, and the persistent underrepresentation of women in high-paying AI leadership positions.
The European Union is aiming to reduce the environmental impact of data centres as it plans to triple their capacity within the next five to seven years. The new proposal suggests establishing a common energy rating scheme to better manage and mitigate energy consumption across data centres.
According to the Financial Times, Nscale, a UK-based AI infrastructure start-up, aims for a valuation potentially reaching $35 billion as it prepares to go public in the US. This significant move highlights the company's growth and the increasing prominence of AI technology firms on the global stage.
Daire Cunningham of Spanish Point Technologies highlights the essential human aspect in digital transformation, particularly focusing on the adoption of AI. The article emphasizes that while technology provides the tools, it is the people who ultimately execute and realize transformation within organizations.
