Dublin Tech Summit 2024 is an expo for facing challenges and realising visions, and the same has been verified by the many stints at the expo this year. The summit bears no expense at elaborating on the spectrum of the evolution of Artificial intelligence, quantum computing and so much more! Many start-ups have already been at the expo and are ready to demonstrate the vision they have for their fields. Let’s see what the summit has in line for us.
Dublin Tech Summit 2024 Highlights
- In front of a 10,000-person audience, including industry titans such as Accenture and Intel, startups exhibit their cutting-edge products.
- The participants in the study hail from various geographical locations, including Bangladesh, Australia, Galway, Cork, and Dublin.
- Fifty companies, chosen after a rigorous online competition, have submitted persuasive two-minute proposal videos for evaluation.
- DTS’s StartUp100 Pitch Competition Stage features the selected firms in prominent positions.
- A commitment to diversity is evident in the organisation, which ensures an equitable presence of both funded and bootstrapped international and Irish businesses, as well as individuals from diverse yet pivotal technology sectors.
- Advantages of Membership Inclusion: Preferred access to the “F6S Alpha Program,” which grants entrepreneurs growth services worth more than $1 million (airline membership points, hotel discounts, vehicle rental services, ride-sharing, and coworking space access) by invitation only.
What Happens at the Dublin Tech Summit 2024?
The Dublin Tech Summit 2024 focused on innovation and technology from May 29-30. It addressed AI, machine learning, and space exploration. It also included “Future Machines” for manufacturing and “Future Enterprise” for commercial operations. The event also promoted inclusion and IT industry diversity.
Panel talks, seminars, and fireside chats included over 200 experts from NASA, Google DeepMind, IBM, and TikTok. Attendees may hear about cutting-edge technology and see entrepreneurs’ creative goods. A dynamic atmosphere for learning, networking, and keeping up with digital developments allowed established firms and startups to interact and explore future prospects at the summit.
The Royal Dublin Society will host Europe’s largest and most international tech event, Dublin Tech Summit 2024, on May 29-30. The 8,000-person event will exhibit Ireland’s inventive businesses and address global concerns including AI, machine learning, quantum computing, climate change, and DE&I in technology. The event showcases Irish tech innovation and is essential to the tech community.
What are the Key Focus Points of the Dublin Tech Summit 2024?
1. AI Integration In Prevalent Technologies
AI is becoming increasingly prominent in the industry, with major players like EY and start-ups employing AI in their applications. Quantum computing is also gaining attention from investors as the tech sector is expected to reach a new inflexion point, causing industry disruption.
The Minister of State for Trade Promotion, Digital, and Company Regulation, Dara Calleary, highlighted Ireland’s role in EU tech regulation and the need to be a leader in AI and industry 4.0. He called for the tech sector to be a bridge for SMEs to digitise their businesses and emphasised the EU Chips Act and Europe’s efforts to bring more semiconductor manufacturing back to Europe. Ireland aims to be a leader in AI and industry 4.0, aiming towards net zero emissions and sustainable growth.
2. Raising Funds For Start-Ups
The Dublin Tech Summit has seen a shift in funding trends, with start-ups raising more money at Series A. Debbie Rennick, general partner at Act Venture Capital, said that the market has shifted since the boom of 2020 and 2021, with investors now expecting between €2 million and €3 million in annual recurring revenue (ARR). This is reflected in a report from the Irish Venture Capital Association, which reported a 48% drop in VC funding in the first quarter of 2024 compared to last year.
Rennick emphasised the importance of capital-efficient growth and the need for larger seed rounds to prepare for a more “elongated” pathway to a Series A round. She emphasised the need to recognise this in a fund-raising strategy.
3. Expert Panels
The event features speakers from major companies like NASA, OpenAI, UNICEF, Google Deepmind, Mbryonics, Microsoft, CERN, TikTok, Pinterest, IBM, and YouTube. The event, spanning two days and four stages, is in collaboration with Enterprise Ireland, Dogpatch Labs, Women in AI, and Tech Ireland.
The lineup includes digital disruptors, CEOs, and policymakers from the global tech industry. The summit also hosts Dublin’s regional final for the Startup World Cup, the world’s largest international pitch competition, in partnership with Pegasus Tech Ventures. The winner will be invited to Silicon Valley to pitch in the Grand Finale, where finalists will compete for a $1 million investment.
Themes Of The Dublin Tech Summit 2024
In reflection of the complexity of the technological environment, the summit encompasses a vast array of subjects. Important themes consist of:
- An Analysis of Recent Machine Learning and AI Developments, Implementations, and Ethics.
- A detailed look at the changing regulatory landscape and how to protect user data in a digital world.
- Strategies for Growing Businesses, Fostering Creativity, and Navigating the Dynamic Technology Industry.
- Highlighting technology’s power to improve society and address global concerns.
Key Speakers At The Dublin Tech Summit 2024
NASA Chief Advisor for Innovation and Artificial Intelligence Omar Hatamleh is among the summit’s key speakers. Omar has extensive experience from working for a worldwide technology and innovation company. I eagerly anticipate his ideas on AI’s transformational power and space exploration applications.
Emma Redmond
Emma Redmond is OpenAI’s Privacy and Data Protection Associate General Counsel. Emma’s data protection and privacy law expertise is essential in the digital age. As the world becomes more linked, her discussion may focus on AI ethics, legislative issues, and data protection.
Colin Murdoch
Colin Murdoch is Google DeepMind chief business officer. Colin’s leadership in one of the world’s top AI labs makes him a key role in AI futures discussions. With a wide grasp of corporate strategy and AI innovation, he gives a unique perspective on AI integration across sectors.
Sasha Rubel
The AWS Head of Public Policy for AI & Machine Learning is Sasha Rubel. Sasha’s public policy background and deep grasp of AI and ML make her an invaluable contribution to AI ethics and regulation discussions. Her insights will help us understand how policy affects AI technology development and deployment.
Emerald de Leeuw
The Logitech Global Head of Privacy and AI Governance is Emerald de Leeuw. Emerald’s expertise in navigating privacy, AI, and consumer electronics offers unique insights into ethical technology development.
Jack McCauley
Berkeley University Innovator-in-Residence Jack McCauley co-founded Oculus. Jack’s innovative virtual reality work has changed how we interact with digital material, so his innovation outlook will inspire audiences.
Irina Mirkina
Irina Mirkina runs UNICEF AI. Irina’s attempts to use AI to help society show technology’s capacity to transcend humanitarian boundaries, making her an important AI ethics figure.
Conclusion
The Royal Dublin Society will host Europe’s largest innovation event, Dublin innovation Summit 2024, on May 29-30. Over 8,000 people will attend the event, which will highlight AI, machine learning, and space exploration. In panel discussions, seminars, and fireside chats, over 200 experts from NASA, Google DeepMind, IBM, and TikTok will speak.
For more updates on the Dublin Tech Summit 2024, visit Findwyse.