Tag: ai

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Michael Kratsios Leads White House Science and Tech Policy Amid U.S.-China AI Race

Michael Kratsios, the youngest Director of the White House Office of Science and Technology Policy, is steering U.S. tech policy amid rising AI competition with China. A Greek-American, Kratsios was confirmed on March 25, 2025, and is focused on maintaining America’s lead in emerging technologies while honoring his heritage.

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lElon Musk’s xAI Acquires X in $80 Billion Deal, Signaling Bold AI-Social Media Fusion

Elon Musk’s xAI has acquired X (formerly Twitter) in an all-stock deal announced on March 28, 2025, valuing xAI at $80 billion and X at $33 billion after accounting for $12 billion in debt. The move aims to blend xAI’s AI innovations, like the Grok chatbot, with X’s platform to enhance user experiences and accelerate human progress, following Musk’s 2022 purchase of Twitter for $44 billion.

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Greece Unveils “Daedalus” Supercomputer Project in Lavrio, Aiming to Lead in AI Innovation

In a historic move, Greece has launched the construction of “Daedalus,” a state-of-the-art supercomputer set to position the nation as a leader in artificial intelligence. Announced by Digital Governance Minister Dimitris Papastergiou at the Lavrio Technological Cultural Park, the €58.9 million project—funded by the EU’s NextGenerationEU—will deliver a computing powerhouse with 89 Petaflops of performance, ranking among the world’s top systems by 2026. Housed in a revamped industrial heritage site, “Daedalus” will drive innovation in AI, healthcare, and sustainability, marking a bold step into the Fourth Industrial Revolution.

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Mitsotakis in Paris: Greece Among the First Nations with a National AI Strategy

Greece is taking a leading role in European AI development, Prime Minister Kyriakos Mitsotakis stated at the AI Summit in Paris. He highlighted Greece’s comprehensive national AI strategy and its selection as one of seven EU nations awarded the AI Factory initiative. With a strong talent pool and major tech investments, Greece is advancing AI infrastructure while emphasising responsible governance to mitigate risks. Mitsotakis underscored the country’s commitment to using AI for boosting productivity and enhancing public administration efficiency, positioning Greece as a key player in Europe’s AI future.

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Pressure Mounts on Greece to Follow Italy’s Ban on DeepSeek Chatbot

Following Italy’s ban, pressure mounts on Greece to block the Chinese chatbot DeepSeek over data privacy concerns. Digital rights group Homo Digitalis is urging Greek authorities to suspend the app until developer DeepSeek provides satisfactory answers regarding user data handling. The chatbot’s latest release sparked upheaval in Western tech markets.

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DeepSeek R1 Shakes Up US Tech: $1 Trillion Market Loss, NVIDIA Loses $600 Billion

China’s DeepSeek R1, a cost-effective AI model, has sent shockwaves through Wall Street, leading to a $1 trillion market value loss, including a historic $600 billion drop for NVIDIA. This development challenges Silicon Valley’s AI strategies and raises concerns about US leadership in the tech sector.

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Stefanos Tsitsipas wrote a song for Paula Badosa (Listen to IT)

Stefanos Tsitsipas expressed his love for Paula Badosa by writing her a love song titled “Mi Chica Paula.” The Greek tennis player, always supportive of the Spaniard, used AI to bring the song to life with voice and melody. Currently, he is by her side as she competes in the Australian Open, having reached the round of 16.

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Greece Targets Crypto Crimes with Major Seizure | Digital Watch Observatory

Greek authorities have made their first-ever cryptocurrency seizure, confiscating 273,000 USDT (Tether) as part of a criminal investigation. This milestone underscores the growing challenges of combating crypto-related crimes and the need for expertise in handling digital assets. The seizure is part of a broader effort to address cryptocurrency scams, which are becoming increasingly prevalent in Greece

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Jamie Dimon: AI is Transformative and Here to Stay

Jamie Dimon, CEO of JPMorgan Chase and proud Greek American, firmly believes in the transformative power of artificial intelligence. In a CNBC interview, Dimon emphasized that AI is not merely a hype but a real and lasting technology that will impact our lives in numerous ways, including revolutionizing healthcare by potentially saving lives and creating cancer cures.

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Last Holocaust Survivor from Ioannina Passes Away

Recent news from Greece includes the controversy surrounding the Parthenon Marbles, the acquisition of Luna Park by Greek businessmen, the use of AI to decipher ancient texts, and intriguing archaeological discoveries challenging traditional theories of human evolution and the location of the lost city of Atlantis.

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Greece Lights Up the Future: A New Era of AI Innovation

Greece is making significant strides in AI technology with the development of a Greek Large Language Model. This innovative tool will enable machines to understand and process the Greek language more effectively, opening up new possibilities for various applications, from language translation to content creation.

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Thessaloniki: Google Funds Cybersecurity Training at Aristotle University

Google.org is funding new cybersecurity seminars at Aristotle University of Thessaloniki to address the increasing threat of cyberattacks. With a major cyberattack happening every 39 seconds worldwide, this program aims to equip students with vital skills in areas like cloud security and IoT, while offering training and internship opportunities to tackle a significant skills gap in Europe.

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Greece Takes Major Step in Tech and AI Future with New Data Centers

Greece is advancing its ambitions to become a regional technology and artificial intelligence hub with the construction of new data centers by Data4. These facilities will bolster Greece’s digital infrastructure and are expected to create significant economic opportunities. Prime Minister Kyriakos Mitsotakis expressed government support for this transformative investment, emphasizing its potential to reshape Greece’s global image and employ skilled workers.

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Data4 Launches €300M Data Center Project in Greece

Data4 has launched a €300 million project in Greece, building its first of potentially four data centers near Athens. This investment underscores Greece’s growing importance as a digital infrastructure hub connecting Europe, Asia, and Africa, fueled by increasing subsea cable connectivity and a rapidly expanding data center market.

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PM Mitsotakis Highlights Greece’s AI Progress at Athens Conference

Prime Minister Kyriakos Mitsotakis highlighted Greece’s strides in artificial intelligence at the Future Unfold conference in Athens, emphasising the country’s shift from follower to leader in state-citizen communication. He also discussed Greece’s economic recovery, investment growth, and the importance of strengthening its strategic partnership with the United States, while urging the EU to enhance defence spending for greater strategic autonomy.

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