Tech | Business Post

Saudi Aramco and Barclays invest $15m in Irish company

HT Materials Science has developed technology that can improve heating and cooling systems at the biggest warehouses, factories and data centres in the world

Fintech exits plummed last year

New figures from Pitchbook reveal a 91% decline in fintech exits in 2022

Fresco’s Harris confident of growth despite the tech sector’s troubles

The kitchen tech business launched a new operating system on Monday that will allow it to be used on any smart kitchen appliance

Google Opens Bard AI Chatbot to the Public

The release comes amid heightened buzz in Silicon Valley over generative AI — software that can create text, images, music or even video based on user prompts

Is it worth it if we start paying for the most basic premise of social media through subscription?

I’m a fool and I want to be able to consume what I want, where I want it, writes columnist Jess Kelly, but it’s starting to get ridiculous, and far too costly

Enterprise Ireland invests nearly €500m into venture capital funds

State agency said return on investments to the end of 2022 amounted to €304 million

Fintech exits plummed last year

New figures from Pitchbook reveal a 91% decline in fintech exits in 2022

Fresco’s Harris confident of growth despite the tech sector’s troubles

The kitchen tech business launched a new operating system on Monday that will allow it to be used on any smart kitchen appliance

Google Opens Bard AI Chatbot to the Public

The release comes amid heightened buzz in Silicon Valley over generative AI — software that can create text, images, music or even video based on user prompts

Saudi Aramco and Barclays invest $15m in Irish company

HT Materials Science has developed technology that can improve heating and cooling systems at the biggest warehouses, factories and data centres in the world

Irish tech unicorn Workhuman cutting 10% of global workforce

Staff at the company’s Dublin arm were told not to attend office but have not been told how many jobs are being cut here or what roles will be impacted

Inside the new EU data law which will make it easier for mechanics to repair smart cars

The next digital law that will shake up industrial data flows in Europe is on its way

Global tech spend to rise despite difficult economic conditions

Much of this year’s projected spend will be focused on tech software and services

Amazon’s Irish workforce braces for impact as company cuts 9,000 more jobs globally

The second round of cuts by the tech giant follows an announcement in January that it will layoff 18,000 people

Altada liquidator alleges private investors urged company to ‘burn’ creditors owed €10m

The directors of the Cork-based tech firm were allegedly told to set up a new phoenix-type entity called ‘Altada 2’ and ‘shake-off’ unsecured creditors owed millions

CurrencyFair eases financial concerns with $10m raised in venture debt

Chairman Gautam Jain says that 2022 was a ‘challenging year’ for the fintech firm

Project Clover: How Ireland finds itself in an awkward position on TikTok

The Chinese-owned company is in damage-control mode, with Ireland at the centre of its efforts to assuage fears of misuse of users’ data

SVB Financial goes bankrupt

Bank ‘believes’ it has about $2.2 billion of liquidity and counts its equity in SVB Capital and SVB Securities among its assets

ComReg slaps down Eir on discount broadband plan

Communications regulator warns of ‘clear anti-competitive effects’ should Eir’s proposal proceed

The Big Interview

‘We offer customers a crystal ball into what’s happening’ – Barry Conlon, co-founder of supply chain firm Overhaul

Overhaul, the supply chain software company that Barry Conlon co-founded, is bringing more science to a business that was traditionally more often seen as an inexact art

Top Dalata executives given shares valued at nearly €2.5 million

Market value of chief executive’s shares award is €945,000 as publicly listed hotel firm reported record revenue of €558.3 million for 2022

Artificial Intelligence

Everything you need to know about GPT-4, the sequel to ChatGPT

The latest version of OpenAI’s chatbox comes as the world is still getting to know its predecessor

Manna secures Coca-Cola HBC investment, announces US trial

Drone delivery company led by Bobby Healy has raised over $30m to date

Irish co-founded fintech Apexx raises $25m

Company is led by Peter Keenan who previously founded payments app Zapp and was MD at electronics retailer Currys