AI’s use in work applications has marked it as one of the most rapidly expanding technologies in the history of business. With the artificial intelligence market experiencing a 30.6% CAGR from 2026 to 2033, the tech seemingly offers significant advantages, at least in the right fields. Yet, Dublin is yet to see major investment here, lagging far behind world-leading cities like Singapore and London. This might not be the case for much longer, however, with some forward-thinking businesses in our city already leading the way.
Dublin Business Leading the Way
Making the AI news recently is the Dublin-based start-up Fonoa. Raising over $100 million in Series C funding, this platform aims to use AI to simplify the filing and calculations of taxes. Aiming to cover 190+ jurisdictions and more than 100 countries, this platform could streamline payments to a degree far beyond what is possible from traditional and limited government-led systems.
While it’s still too early to judge the efficacy of the Fonoa AI system, its attempted international scope might set it as a new standard, at least in some countries where filing taxes is more complicated. This puts the company in a place similar to eBay when launched in 1995, as a kind of killer app serving a so far unaddressed niche. Simultaneously, the investment back to Dublin could provide considerable economic boons back to Ireland, potentially and coincidentally, through Fonoa’s own platform.
Steps for Greater Adoption
What comes next for AI in Dublin businesses is more likely to lean on existing outside technologies, rather than ones created locally. This ties into the complexity and cost of programming effective AI platforms. Instead of selling a project to the world as Fonoa did, startups or existing organisations in Dublin might be better served by leveraging directed AI tools to aid their development efforts
An example here could be found in any business that is transferring data from legacy to newer database platforms. Traditionally, this can be a slow and clumsy process, relying on manual data transference due to software incompatibility. AI has the potential to fully automate such systems, doing in a day what might take humans months of slow and tedious work. It would still require validation, but the software can manage the task.
For start-ups, AI could be useful in building a more streamlined technological launchpad. The online casino industry is a prime example, where traditional starting points require coordinating enormous libraries of games and game studios. A new online Dublin casino utilising an advanced AI game aggregation could bypass much of the difficult work here. With a single API, a platform like this can help manage a dynamic game library, provide reports and analytics, and even provide 24/7 customer support. All of this, at a fraction of the cost of hiring and managing a full staff and a full office space.
While AI has come a long way in Dublin over the last few years, its use is often exploratory. As the tools and technology mature, more directed software, is the inevitable result. The possibilities for growth are immense; it’s just a matter of the right businesses looking for the platforms that truly suit their needs, and those in the decade to come.
