"HubSpot will invest €40m in artificial intelligence in Ireland to replace the way it builds products and services, as the tech industry looks set to embark on a fresh wave of job cuts because of AI replacing roles and functions."
"The US tech multinational, which has lost half its value in recent months due to AI tools from Anthropic and OpenAI, wants to move more aggressively in building its own AI systems for its own products."
HubSpot, a Boston-based tech marketing firm, is set to invest €40m in artificial intelligence in Ireland. This investment aims to transform the way it builds products and services. The company has experienced a significant decline in value due to competition from AI tools developed by Anthropic and OpenAI. As the tech industry faces potential job cuts linked to AI replacing roles, HubSpot seeks to develop its own AI systems to remain competitive. The firm currently employs over 1,000 people at its Dublin Emea headquarters.
Read at Independent
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