Technology US car software firm Sonatus to open an R&D and engineering centre in DublinSonatus’ software platform is in mass production in over 1 million vehicles from Hyundai, Kia, and Genesis currently
Funding Irish investor reaches $30m final close for new tech fundFormer Frontline Ventures partner Finn Murphy races past the original target for his new fund called Nebular
Telecoms ‘No decisions’ on BT Ireland future amid reports of potential sell-offIt follows reports that BT is working on a potential plan to dispose of its Irish business.
Blockchain Former Waystone executives back Irish blockchain start-upDataOp has invested over €20m in Irish fintech firms in recent months
Funding Sean O’Sullivan’s SOSV raises over $300m for new climate tech fund VC founded in Cork raises its largest fund to date, which will focus on deep tech start-ups working in the areas of decarbonisation and re-industrialisation
Fintech Two Irish-led firms included in list of ‘most exciting European fintechs’ Business Insider’s ranking - compiled by venture capitalists - features 32 firms in total
Social Media X plans to charge new users in bid to cull botsCharging new users to post, like and reply is the “only way” to stop fake or bot accounts on the platform, according to Elon Musk
Artificial Intelligence Google to spend over $100bn on AI says Deepmind chief executiveGoogle acquired Deepmind, which was co-founded by Demis Hassabis, for $400m a decade ago
Tech Smart energy firm GridBeyond raises €52m from backersCompany, which uses AI and machine learning to assist organisations to reduce power consumption, closes Series C funding round
Companies Digicel appoints former Colombian telecoms boss as chief execMarcelo Cataldo has worked across Latin America, the US and Europe
Fintech Revolut backer says fintech’s valuation has jumpedAn investment trust managed by Schroders has revalued its stake in the fast-growing fintech
MedTech EU is set to launch China probe on medical device procurementThe probe arrives on the back of scepticism about Beijing’s use of massive state support to critical sectors
Tech Amazon and Google warn Ireland risks long-term economic damage over data centre plansAmazon, Google and Microsoft have significant misgivings about planned new rules that they will have to follow to get data centre connections to the grid
Tech Generative AI will enhance worker productivity and Irish competitiveness - IDAThe study, performed in partnership with LinkedIn and Microsoft, shows that Gen X is the generation most likely to benefit from the technology
Connected Newsletter Connected newsletter: Irish tech talent recognised as Paddy Cosgrave returnsConnected at the Business Post is your source for the news that matters in technology and innovation, all told from an Irish perspective
Tech Apple plans to overhaul entire Mac line with AI-focused chipsThe move, which will see the M4 processor used in the computers, is designed to boost sluggish sales
Tech Prepaid’s founders won’t receive any earnout from acquisition, EML confirmsThe Irish founders stood to earn as much as £55 million in earnouts as part of the acquisition at one stage
Energy Amazon ‘interested’ in operating contentious €1.2bn Clare data centreNew development is being built by Art Data Centres, an Irish firm - and has been subject to local opposition
Tech Blackstone acquires majority stake in Irish data centre company WinthropSources have told the Business Post the transaction values Winthrop at more than €800 million
funding Funding for tech start-ups falls by 35 per centDecline mainly seen in later stage deals with transactions above €5 million down 40 per cent versus 2022