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Research Deputy Minister In Athens For Talks On Digital Governance

by THEFUTURE.TEAM

February 4, 2025

Deputy Minister of Research, Innovation, and Digital Policy, Dr. Nikodemos Damianos, is set to visit Athens on Monday evening for high-level discussions on digital governance with his Greek counterpart, Minister of Digital Governance Dimitris Papastergiou. The meeting, scheduled for Tuesday, will focus on advancing digital transformation efforts and strengthening bilateral cooperation.

Key Discussion Points

The agenda will include:

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The interconnection of Cyprus’ “Digital Citizen” application with Greece’s “Gov.gr Wallet”, aims to enhance digital accessibility and cross-border interoperability.
Joint initiatives in digital governance, with an emphasis on optimizing e-government services, sharing best practices, and leveraging innovative technologies to streamline public administration.

Additionally, officials from both countries will engage in a series of meetings to exchange expertise and explore new solutions for delivering high-quality digital public services. Special attention will be given to process simplification and system interoperability, ensuring smoother and more efficient digital experiences for citizens.

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Google Escalates Capital Outlay Amid Surge in Cloud Demand

by THEFUTURE.TEAM

July 25, 2025

Robust Investment Strategy To Power AI Innovation

Alphabet Inc. has significantly revised its capital spending forecast for 2025, allocating an additional $10 billion to accommodate the burgeoning demand for its Cloud services. This strategic move reflects the company’s proactive approach to expanding its infrastructure, particularly in light of the accelerated adoption of AI-powered solutions.

Expanding Infrastructure To Meet Unprecedented Demand

In its second quarter earnings report, Alphabet highlighted a sharp increase in cloud revenues—up 32% to $13.6 billion. This surge has precipitated a $106 billion service backlog, as noted by Finance Chief Anat Ashkenazi during the post-earnings call. The majority of the additional capital expenditure is earmarked for enhancing technical infrastructure, with investments focused on servers and data center networking equipment. The company’s renewed forecast now stands at approximately $85 billion in capital expenditures for 2025, up from the previously projected $75 billion.

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Strategic Expansion Amid A Tight Supply Environment

Ashkenazi pointed out the challenges posed by a tight supply environment, emphasizing that the accelerated pace of server deployments and data center construction is essential to keeping pace with client demand. As Google continues to enhance capacity quarter-by-quarter, further increased capital spending is anticipated in 2026 to capitalize on emerging growth opportunities across the organization.

Implications For Future Profitability

While these significant investments will position Google at the forefront of AI and Cloud technology, they also imply a measurable increase in expenses, potentially affecting short-term profitability. Nevertheless, this forward-looking expansion underscores Alphabet’s commitment to sustaining its competitive edge in a rapidly evolving technological landscape.