ATHENS, Feb 20 (Bernama-Xinhua) -- Greece has launched the PHAROS AI Factory, a new national hub aimed at accelerating artificial intelligence (AI) innovation and supporting startups, universities and research centres, reported Xinhua quoting a Greek newspaper To Vima report on Thursday.
The project is part of the European Union's network of 13 AI factories and will provide high-performance computing capacity, datasets and technical expertise to help AI projects transfer from research to real-world applications.
PHAROS, named after the ancient Greek word for "lighthouse," symbolises the project's role in guiding and supporting AI development. The facility is expected to become fully operational in the first quarter of 2026.
The project is implemented by a national consortium led by the Greek Research and Technology Network (GRNET), with participation of the National Centre for Scientific Research "Demokritos," the National Technical University of Athens, and the Athena Research Centre.
With a total budget of 30 million euros (US$35.32 million), the platform is jointly funded by the Greek government and the European Commission. (1 euro = US$1.18)
--BERNAMA-XINHUA
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