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Consumer Watchdog Flags Misleading Price Comparisons On E-Kalathi

The Cyprus Consumer Association has raised warnings regarding the potential for misleading price displays on the e-Kalathi platform, a tool initially designed to empower consumers by facilitating hypermarket price comparisons. According to the Association, the discrepancy in pricing information could be steering consumers toward inaccurate conclusions about which retailer offers the lowest prices.

Platform Inception And Diverging Outcomes

Launched in June 2025, e-Kalathi was intended to increase competition among supermarkets and lower consumer costs through transparent price comparisons. Seven months later, however, the platform appears to be delivering mixed results. The Cyprus Consumer Association reports that some listed prices may not accurately reflect actual store pricing, which could mislead customers about overall affordability.

January 2026 Study: A Closer Look At Pricing Anomalies

A study conducted in January 2026 found that certain products shown on e-Kalathi were priced lower than comparable items not included on the platform. One example involved a strawberry-flavored children’s yogurt dessert. While the platform suggested a competitive price, other flavors sold outside the listing were often more expensive, potentially distorting how consumers interpret value.

Among the supermarkets reviewed — Alpha Mega, Sklavenitis, Athinainitis, Kkolias, Ioannidis, Super Discount and Metro — only Athinainitis and Ioannidis kept consistent pricing across different flavors regardless of platform presence. The study also noted a pricing difference between wholesale and retail levels: a product listed at €2.75 in a manufacturer’s catalogue was regularly sold for under €2 in stores.

Limited Product Overlap: Challenges For Consumers

The study also highlighted that out of seven major hypermarkets referenced in a Consumer Protection Service announcement on January 31, only one tracked a complete set of products on the platform. The remaining stores offered only a subset of products, thereby reducing the accuracy and effectiveness of price comparisons and limiting consumer choice.

Price Differentiation And Market Convergence

Additional findings indicated that some supermarket chains introduced price variations between their branches, a pattern not widely observed before August 2025. This may reflect stronger local competition. At the same time, overall prices for common items have moved closer together, with the gap between the highest and lowest nationwide prices narrowing from 13% in July 2025 to 4.4% in January 2026.

In conclusion, the Cyprus Consumer Association says the pricing inconsistencies observed on e-Kalathi could mislead shoppers about the true cost of their purchases. The findings are based solely on platform data and may require further review to determine the broader impact on consumers.

Mirendil Signs $100 Million Google Cloud Deal To Advance Self-Improving AI

AI startup Mirendil has signed a multi-year agreement worth more than $100 million with Google Cloud to secure computing infrastructure for its self-improving AI research.

The partnership reflects growing competition among AI companies to lock in access to high-performance computing, while cloud providers race to attract promising startups developing next-generation AI models.

Backing The Next Stage Of AI Research

Mirendil plans to use Google’s Tensor Processing Units (TPUs), Nvidia GPUs and managed training infrastructure to develop AI systems capable of improving their own performance over time.

Known as recursive self-improvement, the concept focuses on building AI that can refine its knowledge and capabilities with minimal human intervention. The technology is attracting growing interest across the industry, with several startups and leading AI labs exploring similar approaches.

According to co-founder and Chief Executive Behnam Neyshabur, the long-term goal is to develop AI that can automate scientific research and accelerate discoveries in fields such as medicine, biology and materials science.

Compute Capacity Becomes A Strategic Asset

Training increasingly advanced AI models requires enormous computing resources, making long-term infrastructure agreements a critical competitive advantage.

Mirendil said Google’s combination of TPUs and GPUs allows workloads to be matched with the most suitable hardware, improving efficiency while reducing costs for customers.

For Google Cloud, the agreement strengthens its position in the race to provide infrastructure for frontier AI developers, while giving the company exposure to one of the industry’s emerging approaches to next-generation artificial intelligence.

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