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Upgrade Alert: Cyprus Airports’ Capacity Soars to 17M Annually!

Exciting developments are underway as Larnaca and Paphos airports initiate the second phase of their advancement projects. These efforts, spearheaded by Hermes Airports, aim to bolster the combined annual capacity of these gateways to an impressive over 17 million passengers!

This significant infrastructure overhaul involves a €170 million investment, exclusively funded by Hermes Airports. As Maria Kouroupi, Director of Aviation Development and Communication, highlights, this project promises to function as a ‘legacy for future generations,’ with goals extending through to 2040.

What’s in Store for Larnaca Airport?

The redevelopment at Larnaca Airport covers approximately 20,000 square metres over 30 months. A new wing comprising improved departure and arrival gates, additional baggage areas, and expanded commercial zones is anticipated. This will increase the passenger handling capability to 12.4 million people per year.

Enhancements at Paphos Airport

Similarly, Paphos Airport is set to witness 27 months of terminal enhancements—boosting the capacity by around 30 percent and improving both passenger flow and operational effectiveness. The southern parallel taxiway’s extension will further augment flexibility.

Once completed, Paphos will accommodate up to 5 million passengers annually, making it an integral part of Cyprus’ burgeoning travel infrastructure.

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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