Professional services firm KPMG has announced plans to create 200 jobs over the next three years at its new EU artificial intelligence (AI) hub based in the Dublin conference centre.
The job creation pledge comes as firms ramp up resources in response to evolving EU regulatory frameworks, notably the AI Act, in the technology space.
KPMG has entered into agreements with tech giant Microsoft and AI security software firm Cranium for the creation of the EU AI Hub.
The new roles created for KPMG’s AI department in the IFSC building will be in the areas of risk, regulatory services, and cybersecurity.
KPMG director Sean Redmond said it is important that businesses “don’t see the impending EU AI Act as a blocker to innovation and ideation, but instead provides the guardrails that enables organisations to experiment with AI and deliver value to their businesses and customers”.
He added: “Understanding that responsible AI is not only a business challenge but also a regulatory and technical challenge.”
The EU AI Hub was created to help business with access to tools and insights that will help them navigate the complexities of AI implementation including the impending EU AI Act.
“Upskilling, collaboration, touch leadership, and knowledge exchange will be key features of the hub,” said Dani Michaux, EMEA partner and head of cyber security at KPMG.
KPMG’s pledge to create 200 jobs follows an announcement that IBM will create 800 new Irish jobs amid the push to invest in AI adoption and regulatory compliance.
IBM said the new roles will be created over the next three years at its sites in Dublin and Cork as well as at one of its subsidiaries, Red Hat, in Waterford.