He made the comments after more than 214 million euro was invested in Irish AI companies in the first half of the year.

The Central Statistics Office said there was ‘quite a positive story’ about the Irish economy when compared internationally.

The State’s economic watchdog recommended a reduction in the planned package amid ‘high uncertainty’.

Ireland is among the countries most exposed to sharp policy changes proposed by US president Donald Trump

A significant proportion of employment, tax receipts and exports all directly dependent on a cluster of US multinational firms.

Irish economy records its strongest quarterly growth in almost two years