OpenAI, in a European first, will launch a data centre in Norway, to address the region's AI needs and expand further into Europe.

Relatively slow cloud growth, tariff uncertainty and the need for AI investment led to a drop in Amazon shares despite strong quarter.

The deal has cost Sprout $55m in cash, with up to $10m in performance-based cash earn-outs applicable over the next two years.

A gap in financing for “investable” scale-up firms could affect businesses looking to realise their potential.

In the Irish context, embedded finance removes traditional banks from the equation, says Prommt CEO Donal McGuinness.