Breaking news

Cyprus Advances AI Strategy With New Computing Infrastructure

by THEFUTURE.TEAM

Overview Of A Bold New Initiative

The Presidential Palace hosted an event on June 5 focused on the development of artificial intelligence and high-performance computing infrastructure in Cyprus. Held under the theme “Artificial Intelligence: New National Infrastructures And Capabilities For Research And Innovation,” the event brought together government officials, researchers and industry representatives to discuss ongoing projects and plans in the sector.

Strategic Advancements In AI And HPC

Deputy Minister to the President Irini Piki and Deputy Minister of Research, Innovation and Digital Policy Nikodimos Damianou outlined the government’s approach to strengthening research, innovation and technology development. Both officials highlighted the role of scientific expertise, innovation and investment in supporting Cyprus’ transition towards a knowledge-based economy.

Collaboration With Global Tech Leader Nvidia

Partnership with Nvidia featured prominently in the discussions, with speakers pointing to its role in supporting Cyprus’ artificial intelligence and high-performance computing ambitions. According to Nvidia Vice President of Sales and Business Development for High Performance Computing Infrastructure Yiannis Iosefakis, the project shows how smaller countries can move rapidly in developing advanced technological capabilities.

Driving Innovation And Economic Transformation

Deputy Minister Nikodimos Damianou said artificial intelligence is already influencing economies and public services worldwide. He noted that Cyprus is seeking to build on its existing strengths rather than compete directly with larger economies. The forthcoming National Strategy for Artificial Intelligence is expected to outline priorities related to competitiveness, public sector modernisation and innovation.

From Infrastructure To Ecosystem

Among the initiatives presented was AI Factory Cyprus, which aims to provide researchers, universities, startups and organisations with access to advanced computing resources. Speakers also highlighted the importance of developing human capital alongside infrastructure, including efforts to attract and engage talent from Cyprus and the diaspora.

Integrating Local Efforts Into Global Networks

Participants emphasised cooperation between government, research institutions and technology companies as a key factor behind the implementation of new projects. Yiannis Iosefakis said the long-term value of the infrastructure would depend on the research, applications and innovation developed around it. The partnership with Nvidia is also expected to provide access to a broader international network of expertise and resources.

A Roadmap For Sustainable Economic Growth

Discussions also focused on projects such as Pharos-CY and the National Infrastructure for High Performance Computing and their role in supporting research, innovation and economic activity. Academic and industry representatives participating in the event highlighted the importance of collaboration between the public and private sectors in advancing artificial intelligence initiatives across Cyprus. The event concluded with discussions on how new AI and high-performance computing infrastructure can support research, innovation and technology development in the years ahead.

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

by THEFUTURE.TEAM

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

Aretilaw firm
The Future Forbes Realty Global Properties
eCredo
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter