Breaking news

Britain Aims To Build OpenAI Rival And Become World Leader In AI, Says PM Keir Starmer

Britain is determined to carve out a dominant role in the global artificial intelligence (AI) race, with Prime Minister Keir Starmer’s government pledging to develop a competitor to OpenAI. The ambitious goal positions the UK as a potential world leader in AI.

Key Developments

  • Starmer is set to visit Bristol to announce the UK’s commitment to developing AI capabilities, building on British tech investor Matt Clifford’s “AI Capabilities Action Plan.”
  • The UK government intends to significantly expand its data center capacity to support the growing demand for high-performance AI models.
  • By 2030, the UK aims to boost its sovereign computing capacity—referring to the public sector’s ability to host and manage AI systems—by a factor of twenty.
  • As part of the initiative, the government will provide access to its AI Research Resource program, designed to strengthen the country’s computing infrastructure.
  • Last year, Starmer’s administration chose to prioritize other budget commitments, sidelining £1.3 billion earmarked for major computing projects such as the AI Research Resource and an exascale supercomputer—plans initially set by his predecessor, Rishi Sunak.

Key Insight

“Sovereign AI” is becoming a focal point for policymakers, especially across Europe. The term refers to the strategic development of AI and technologies deemed essential for national security and economic prosperity within the borders of the countries that use them.

Looking Ahead

To fortify its AI infrastructure, the UK government will also create AI growth zones, relaxing building permit regulations in select regions to enable the construction of new data centers. Additionally, the establishment of an “AI Energy Council” will explore how renewable and low-carbon energy sources, such as nuclear power, can support AI growth.

Cyprus Services Sector Shows Robust Performance In 2025 As Tourism, Digital Innovation, And Shipping Surge

The Employers and Industrialists Federation (OEV) reported growth across Cyprus’ services sector in 2025, with increases recorded in tourism, professional services and administrative activities. Data show continued expansion across multiple sub-sectors, reinforcing the role of services in economic output and employment.

Service Sector Leadership

Accommodation and food services grew by 9.5%, while administrative and support activities increased by 7.4%. Professional, scientific and technical activities rose by 4.6%, followed by information and communication at 4.3%. Transport and storage recorded growth of 2.8%, while real estate activity increased by 0.4%. These figures indicate broad-based expansion across service industries.

A Remarkable Tourism Surge

Tourist arrivals reached 4,534,073 in 2025, marking a 12.2% increase year-on-year. December arrivals totaled 156,959, up 18% compared with the same period a year earlier. Tourism continues to support revenue generation and seasonal demand across the economy. Growth in visitor numbers contributes to activity in hospitality and related sectors.

Driving Digital Transformation

OEV is supporting digital adoption through initiatives such as the DiGiNN Cyprus Digital Innovation Hub. The program focuses on improving business processes, skills development and technology integration. Additional efforts include the establishment of a Digital Transformation and Innovation Committee and international engagement through business missions. These actions support the adoption of digital tools across sectors.

Resilient Shipping Sector

Shipping accounted for about 7% of Cyprus’s GDP in 2025, remaining a key component of the economy. The Cyprus Registry recorded its highest tonnage in 20 years, with an increase of nearly 20%. Fleet growth strengthens Cyprus’ position within European Union shipping registries and global maritime markets. The sector continues to contribute to economic stability.

Strengthening The Economic Foundation

OEV is organizing conferences, workshops and exhibitions to support business development across sectors. These initiatives focus on improving operational practices and industry collaboration. Continued investment in services and digital infrastructure is expected to support economic performance.

Uol
The Future Forbes Realty Global Properties
eCredo
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter