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Paphos Embarks on EU Project to Revolutionize Tourism Sustainability

Paphos has partnered with nine other European regions to join the EU-supported Smart-Tour initiative. This venture aims to revolutionize digital and sustainable tourism, steering Paphos towards a visionary destination.

The 36-month endeavor involves the Paphos Regional Tourism Board (Etap) and emphasizes enhancing accessibility, digital transformation, environmental consciousness, cultural heritage, and creative industries. More about Cyprus’s strategic initiatives can be found here.

The project, dubbed ‘Smart Tourism – Smart Destinations’, seeks to embed digital solutions in local tourism policies, aspiring to elevate Europe’s tourism landscape.

This ambitious initiative provides essential infrastructure upgrades and the integration of smart tourism practices into regional strategies. With co-funding from the European Union, covering 80% of the costs, the program unites partners from Italy, France, Germany, Hungary, Greece, Romania, Albania, Ukraine, Belgium, and Cyprus.

Paphos anticipates receiving close to €200,000 in EU funding under this scheme.

The inaugural coordination meeting will occur in Heraklion, Crete, from May 20 to 22, with Etap Marketing Officer Lucas Nikiforos representing Paphos.

Explore Cyprus’s growth projections starting in 2025 here.

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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