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      First Derivative Invests £15.5 Million in AI Centre of Excellence in Ireland

      First Derivative, a technology company, has announced a significant investment of £15.5 million to establish a new Centre of Excellence focused on artificial intelligence (AI) and financial technology (Fintech) in Ireland. The announcement was made by key political figures, including First Minister Michelle O’Neill, Deputy First Minister Emma Little-Pengelly, and Economy Minister Dr. Caoimhe Archibald.

      The investment aims to enhance research and development in the AI and Fintech sectors, contributing to job creation in the region. This initiative is expected to position Ireland as a leader in these rapidly evolving fields, fostering innovation and attracting further investment.

      The establishment of the Centre of Excellence aligns with the government's strategy to promote technological advancement and economic growth, particularly in the areas of AI and financial services. This move is anticipated to benefit both the local economy and the broader tech landscape in Ireland.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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