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Technology – Silicon Republic

EU agrees to simpler AI rules and complete ‘nudification’ ban Tissue repair therapy Substrato wins best pitch at EI Start-Up Day Major European markets still lagging on salary transparency, finds report Anthropic joins forces with SpaceX for Colossus capacity Enterprise Ireland pumped €33m into home-grown start-ups in 2025 Coimisiún na Meán opens investigation into Meta’s content promotion German quantum computing start-up Eleqtron raises €57m Dublin’s GridBeyond to support energy efficiency with new global headquarters What’s the difference between IT and OT security? Coinbase cuts 14pc of jobs to save costs and embrace AI National research partnership to examine flexible work and Ireland’s economy Anthropic, Blackstone, Goldman Sachs to create AI services company Meta bags Assured Robot Intelligence to further humanoid plans Opinion: Why ISO 27001 alone won't save your data from itself Spotify unveils verified badge to distinguish humans from AI Cork’s Nexalus teams with TuffTek for next-gen cooling systems Dublin’s Version 1 to acquire CreateFuture consultancy Apple posts ‘best March quarter’ with iPhone sales up 21.6pc Cork HQ for new onshore renewables company Perigus Energy What EU Inc really means for Europe’s start-ups – a legal view Meta, Microsoft, Amazon and Alphabet post positive quarterlies Oracle reportedly cutting up to 150 Irish jobs The Leaders’ Room: Boston Scientific’s Sean Gayer on a meaningful mission Report: Medical device cyberattacks on the rise EU finds Meta not doing enough to keep underage users at bay TSMC $231m share sale marks full exit from UK chip designer Arm Datavant opens new global R&D centre in Galway’s Bonham Quay Revolut plans a physical store in Barcelona UK's IoT Tribe launches Dublin base with two new hires Report: Meta to undo Manus acquisition after Chinese block David Silver's Ineffable Intelligence raises $1.1bn 700 fear job cuts at Meta contractor Covalen Vinted hits €8bn valuation in oversubscribed €880m share sale China blocks Meta’s $2bn Manus acquisition After Amazon, Google commits up to $40bn in Anthropic Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push Intel’s shares soar as Q1 results signal brighter future Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink AI race intensifies with Google's new agent management platform OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Anthropic probing reported Mythos leak on Discord Amazon investing up to $25bn in Anthropic AI infrastructure deal Vodafone Ireland to invest €360m over the next four years Tim Cook passes Apple leadership to hardware head John Ternus Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups Amazon gets go-ahead for subsea cable landing station in Cork Irish co-founded AI start-up Lua raises $5.8m AIM Centre strengthening medtech and life sciences link with new Galway base Kerry Group expands Cork facility as lactose-free demand grows Nearly 75pc of AI’s economic value captured by just 20pc of companies Dublin tech company Vox Talk raises €1.35m in pre-seed round Netflix shares fall on Q2 forecast as co-founder Hastings steps aside Irish-founded Ulysses raises $46m in rounds featuring A16Z Anthropic’s Mythos to bolster cybersecurity at UK banks Solidroad raises $25m as demand for QA product sparks fresh hiring Danish finance AI start-up Spektr raises $20m Dublin's Audrey AI closes $1.8m pre-seed funding round The Leaders' Room: Equinix's Peter Lantry on powering Ireland sustainably ‘No more excuses’ as EU launches free age verification app The death of ETL: Is zero-copy a ‘liberation’ for data teams? Snap cuts 16pc workforce to prioritise AI and savings Amazon buys Globalstar to bolster Leo's satellite capabilities Dublin start-up Otel AI raises €2m to expand hotel AI platform After Anthropic, OpenAI launches cyber-specific AI model ASML forecasts €36bn in 2026 net sales amid AI race chip demand The Interview: Dentons' Carlo Salizzo on three forces defining digital law Bull and Equal1 to advance next gen of hybrid quantum tech in Europe Anthropic's Mythos a game-changer, NCSC chief tells Oireachtas Klaviyo building out its engineering team at Dublin facility Mythos just first of power models to come: Anthropic co-founder UK neobank Monzo makes Irish launch after US market exit New XP95 hacker group targets Dublin recruitment platform Healthdaq OpenAI apps for MacOS exposed by threat Mythos testing begins as governments raise cyber concerns Meta to pay CoreWeave $21bn for additional cloud capacity Digital rights group EFF leaves X Alibaba leads $293m round in Chinese AI start-up after HappyHorse reveal OpenAI pauses Stargate UK over energy costs Dublin AI SaaS provider Apex B2B launches with €1.5m backing US court won't pause Anthropic ban, but wants case expedited Anthropic's Glasswing project employs Mythos to prevent AI cyberattacks Medtech start-up Vertigenius raises €2.55m for US expansion Meath ITAD provider ICT acquired by US recycling firm Paladin Is your data integrity framework just a fancy spreadsheet? Dublin start-up Zellor bags €850k for AI shopping assistant Irish co-founded Prism Layer out from stealth with $1m raise Galway-based AI start-up Octostar raises €6.1m FT: Bezos's Project Prometheus taps xAI co-founder Kyle Kosic Irish Government approves ‘next-generation sites’ for industry Ireland begins digital wallet testing and consultation OpenAI purchases online tech talk show TBPN Capacity and speed: Why TikTok shelved its second Irish data centre SpaceX confidentially files for US IPO – reports Intel repurchasing 49pc stake in Leixlip chip factory for $14.2bn
DeepSeek to ‘double size of all departments’ as it competes with AI rivals
Laura Varley · 2026-06-26 · via Technology – Silicon Republic

The hiring push comes amid additional plans to raise significant funds of roughly $7.4bn.

Chinese AI company DeepSeek will reportedly double the size of all of its departments amid a push to compete with domestic rivals and global leaders in the artificial intelligence space. 

DeepSeek announced the hiring plans for technical and engineering professionals on messaging platform WeChat, noting that the company is specifically looking to employ additional data engineers, development engineers and AI cross-disciplinary technical talent.

In mid-June, it was reported that DeepSeek is in the process of raising $7.4bn, which would bring the platform to a post-money valuation of more than $50bn. According to Bloomberg, the organisation is in the final stages of the fundraising, in what will be one of China’s largest start-up fundraising efforts. 

The round comes with an odd caveat however, in that it apparently requires investors to put their funds into a limited partnership managed by DeepSeek founder and CEO Liang Wenfeng rather than the company itself. Investors’ funds are also subject to a five-year lock up period and they will not have voting rights.

It is believed that among the investors are WeChat creator Tencent and battery manufacturer Contemporary Amperex. Tencent is also reported to have proposed taking a 20pc stake in the company.

DeepSeek’s strategy comes amid efforts to compete with rivals operating in the AI field. In early June, OpenAI revealed future plans to file as an IPO, with projections suggesting that this could potentially value the ChatGPT maker at up to $1trn, one of the largest listings in history. 

This announcement came just days after rival Anthropic announced a similar plan to go public. Meanwhile, domestically, DeepSeek faces competition from organisations such as Alibaba Group Holding and MiniMax Group, which have introduced their own competitive services.

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