Through its participation in the network of AI Factories, Cyprus is strengthennig its position on the European map of innovation and Artificial Intelligence, reaffirming its commitment to investing in cutting-edge technologies, data, and human talent, the Deputy Ministry of Research, Innovation and Digital Policy, says, commenting on the country’s inclusion in Europe’s AI Factories network.
In a press release, the Deputy Ministry notes that these are innovative structures that will work closely with corresponding AI Factories strengthening national ecosystems and providing access to advanced computing resources for research, innovation, and industrial applications, adding that in Cyprus’ case it will be the Greek AI Factory “Pharos”.
“Pharos-CY aims to accelerate the development and adoption of trustworthy and high value-added innovative Artificial Intelligence solutions in critical sectors such as health, sustainability, culture, and language,” the Deputy Ministry noted.
Specifically in the field of language, Cyprus and Greece will collaborate on training and optimising large language models (LLMs) for the Greek language and Greek-related data, as well as in areas of common strategic interest, such as health and energy (clean tech).
At the same time, the Cypriot ecosystem of small and medium-sized enterprises and startups gains, through Pharos-CY, access to the ‘DAEDALOS’ supercomputing infrastructure, advanced AI tools and services, as well as specialised support for integrating innovative AI technologies into their business operations.
According to the Deputy Ministry, the success of the Cypriot proposal Pharos-CY "marks an important milestone in creating a strong Artificial Intelligence ecosystem in Cyprus and represents another strategic step in the Government’s plan to leverage and integrate this revolutionary technology into the economy."
“With its participation in the network of AI Factories, Cyprus strengthens its position on the European map of innovation and Artificial Intelligence, reaffirming its commitment to investing in cutting-edge technologies, data, and human talent,” the press release concludes.
(Source: CNA)
