Top 5 Irish tech policy stories of the week
Commissioner McGrath shares concerns over X's?compliance with EU tech rules
The EU Commission is currently “energetically” pursuing a year-old probe into?X and wants to wind it up as early as possible. The announcement followed?tweets by Musk in support of the German far right ahead of the February 23 German election.?Justice Commissioner, Michael McGrath and the EU executive’s vice-president for tech sovereignty, Henna Virkkunen,?said that?they are aware of “concerns” over X’s compliance with EU tech rules.
Almost half of Irish businesses adopting AI
A report by Amazon Web Services (AWS) has found that almost all Irish companies expect AI will have a profound impact on their business over the next five years and 45% are already using AI to grow their businesses.?Irish start-ups are leading the way with AI adoption in the country, with 80% reporting that they are currently using it.
Seven companies chosen for?regulator’s fintech sandbox
Seven companies have been chosen to participate in the Central Bank of Ireland's first innovation sandbox programme, which is focused on combatting financial crime. The sandbox programme will run?for six months and allows tech firms to work with regulators to test innovate financial services solutions in a safe environment. The seven companies include those that are developing technology that minimises fraud and improves day-to-day transaction security for consumers.
BT Young Scientist & Technology Exhibition kicks off?
The annual BT Young Scientist & Technology Exhibition kicked off yesterday in the RDS.??The judging of 1,062 student finalists across 550 projects is underway and the winner will be announced later today.
National Broadband Plan progressing ahead of schedule
National Broadband Ireland (NBI), the company responsible for delivering the Government’s National Broadband Plan (NBP), has claimed that it is progressing ahead of schedule.?65,000 homes, farms and businesses are being moved to an earlier completion date in 2025 than had been originally scheduled according to the NBI.