IDA Ireland CEO highlights AI investment and responsible innovation opportunities

Date: 2026-10-16
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By:   Nana Appiah Acquaye

IDA Ireland CEO Michael Lohan has highlighted Ireland’s opportunity to become a leading location for artificial intelligence investment and innovation, while contributing to the development of trustworthy AI governance and regulation.

Reflecting on what he described as a “hugely positive week for AI in Ireland,” Lohan pointed to OpenAI’s announcement of 200 additional jobs and a new Applied AI Lab, IDA Ireland’s Scaling Physical Intelligence forum in partnership with Analog Devices, and the International AI Summit in Dublin, which brought together global AI leaders, policymakers, investors and innovators.

Lohan said the week reinforced the power of face-to-face dialogue and collaboration, noting that realising AI’s potential would require industry, government, researchers and innovators to work together to accelerate adoption and investment.

He also stressed the importance of ensuring that AI develops responsibly, with the right balance between innovation and safety.

“Achieving this requires ongoing innovation and upskilling,” Lohan said, adding that IDA Ireland is committed to helping its client companies transform and grow their organisations and workforce for continued positive economic and societal impact.

 

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