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Nick Clegg said that in the context of the EU single market, AI regulation was almost like going in reverse

EU AI regulation 'fragmented' - Clegg

Nick Clegg, President of Global Affairs at Meta, has described the EU's regulation of artificial intelligence as fragmented.

Business • 05 Dec 24

30% of workers are independently sourcing and using unapproved AI tools.

Almost a third of employees using unapproved AI tools

Almost a third of employees are using unapproved artificial intelligence (AI) tools, new research shows.

Business • 05 Dec 24

Amazon's new AI new offerings pit it against rivals like Adobe and Meta

Amazon announces new slate of AI models

Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.

Business • 04 Dec 24

Many firms do not have a detailed plan for handling the changing role of finance in their organisations

Firms need to rethink role of finance - survey

Companies' finance departments need to rethink their role to ensure they keep up with the changing face of business, according to a new study.

Business • 20 Nov 24

Nvidia has been boosted by the surge in demand for its processors in order to power artificial intelligence systems

Nvidia tops Apple to become world's most valuable firm

Nvidia dethroned has Apple as the world's most valuable company, following a record-setting rally in the stock powered by an insatiable demand for its new super-computing AI chips.

Business • 25 Oct 24

Andrew Connolly, CEO and co-founder, Wrksense and Ruaidhrí McDonnell, CTO and co-founder, Wrksense.

Wrksense secures €825,000 to fuel global expansion

Wrksense, an AI-driven HR tech start-up has raised €825,000 in pre-seed funding to fuel its global expansion and product innovation.

Business • 16 Oct 24

New report from Barnardos says 63% of children heard about AI from social media

Majority of children learn about AI from social media

Children's charity Barnardos is calling on the Government to ensure the school curriculum includes practical lessons on understanding artificial intelligence (AI).

Work and Technology • 15 Oct 24

Nell Watson, President of the European Responsible AI Office

Call to pass legislation to regulate Agentic AI

An expert in Artificial Intelligence (AI) is urging politicians to quickly pass new legislation to regulate Agentic AI.

Business • 03 Oct 24

The survey, which had 400 responses from employers across the public and private sectors, was conducted during a recent employment law webinar on 'AI in the Workplace'.

Almost 70% of Irish firms have not implemented AI policy

Almost 70% of Irish businesses have not implemented an artificial intelligence (AI) policy, new research shows.

Business • 25 Sep 24

The study on workplace readiness for GenAI analysed 50 occupations (stock image)

Nearly a third of jobs to be transformed by GenAI - study

Nearly one third of all jobs are poised to be fundamentally transformed by generative artificial intelligence (GenAI), according to a new study.

Business • 23 Sep 24

Tech companies warn over EU AI regulation

Tech companies and business leaders including Meta, Stripe's Patrick Collison, Spotify, SAP and Ericsson have issued an open letter warning that Europe is at risk of falling behind in the artificial intelligence (AI) era due to what they describe as fragmented regulations.

Business • 19 Sep 24

The study found that demand for new entrants in AI, automation and blockchain-related jobs is being met in the medium-term

Graduates meeting demand to fill tech related jobs - ESRI

Universities are meeting employer demands for new graduates to fill artificial intelligence, automation and blockchain-related jobs, according to new research from the ESRI.

Business • 18 Sep 24

Sinéad Pillion, Ericsson Athlone Head of Operations; Börje Ekholm, Ericsson CEO and Denis Dullea, Ericsson Athlone Site Head in Athlone today

Ericsson committed to Ireland despite 'uncertainty' - CEO

The CEO of telecoms giant Ericsson says Europe's Apple tax ruling creates uncertainty for firms considering investing in Ireland, however it will not impact his company's plans in the country.

Business • 11 Sep 24

Nearly one in five businesses use AI alone to develop job adverts (Stock image)

More than a quarter of employers use AI in recruitment

More than one quarter of Irish employers have introduced artificial intelligence (AI) to their recruitment processes, according to new research from hiring platform IrishJobs.

Ireland • 02 Sep 24

While the value of Nvidia shares are still way up compared to 2023, they have fallen sharply in recent weeks

Tech stocks remain under pressure as AI hype wanes

The value of major US tech stocks continued to fall yesterday, highlighting growing doubts around the value of artificial intelligence.

Business • 08 Aug 24

The release will be available to users here in Ireland

Meta releases biggest version of Llama 3 AI model

Meta has released the biggest version of its mostly free Llama 3 artificial intelligence models, boasting multilingual skills and general performance metrics that nip at the heels of paid models from rivals like OpenAI.

Business • 23 Jul 24

Slalom's Irish operation was established a year ago, and expects to have 60 employees by the end of the year

Slalom to create 300 tech jobs in next 3 to 5 years

Global business and technology consulting company Slalom said it plans to create 300 new jobs in Ireland in the next three to five years.

Business • 08 Jul 24

80% of candidates want to be informed when employers use AI for this purpose, the research shows.

14% of companies using AI to evaluate job applications

14% of companies are using artificial intelligence to evaluate job applications, new data shows.

Business • 26 Jun 24

Apple's shares rose nearly 2% to $211.10

Apple beats Microsoft, returns as most valuable company

Apple once again became the world's most valuable company today, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial intelligence technology.

Business • 12 Jun 24

At-risk jobs include laboratory technicians, accountants and telephone salespeople.

Almost a third of jobs could be negatively impacted by AI

New Government research on the impact of artificial intelligence has found that around 30% of workers are employed in roles that are at risk of being replaced by AI.

Business • 11 Jun 24

The bank's stock has risen more than 12% in the past year.

AI could save financial advisers 10-15 hours a week

The use of artificial intelligence (AI) could save Morgan Stanley's financial advisers between 10 and 15 hours a week, the bank's CEO Ted Pick told investors at a conference yesterday.

Business • 11 Jun 24

60% of consumers are worried about online shopping fraud - with some opting to shop in-store only to reduce their risk

Consumers worried about frausters' use of AI - survey

Irish consumers are worried that generative artificial intelligence could lead to more sophisticated financial fraud, according to a new survey from PTSB.

Business • 05 Jun 24

There are strict bans on using AI for predictive policing and systems that use biometric information to infer an individual's race, religion or sexual orientation (Stock image)

Public asked for their views on artificial intelligence

Interested parties are being asked for their views on the implementation of the EU's Artificial Intelligence Act, which was formally adopted on 21 May.

Ireland • 03 Jun 24

The 140-member AI Office will be established within the European Commission (Stock image)

EU creates 'AI Office' to regulate tech under new law

The European Union has announced the creation of an "AI Office" of tech experts, lawyers and economists to regulate artificial intelligence under a sweeping new law.

Europe • 29 May 24

Europe's AI Act imposes strict transparency obligations on high-risk AI systems while such requirements for general-purpose AI models will be lighter

Europe sets benchmark for rest of the world with AI laws

Europe's landmark rules on artificial intelligence will enter into force next month after EU countries today endorsed a political deal reached in December, setting a potential global benchmark for a technology used in business and everyday life.

Business • 21 May 24