President Christodoulides met with several technology investment leaders in San Francisco on Tuesday to discuss potential investments focusing on technology and innovation infrastructure.
Government Spokesman Konstantinos Letymbiotis said on social media platform X that Christodoulides met with Pete Briger, Executive Chairman of Fortress Investment Group, Alex Rampell, General Partner at Andreessen Horowitz Fund, and Stan Chudnovsky, Co-Founder and Venture Partner of NFX.
“During the meeting, investment opportunities in Cyprus were discussed, focusing on technology, green development and innovation infrastructure,” Letymbiotis noted.
The spokesman confirmed interest from global investment funds in Cyprus “as a stable and flexible base for business development and entry into the European market, leveraging its innovation-friendly regulatory and tax environment.”
In a separate meeting, Christodoulides discussed Cyprus’s digital transition with Luke Kowalski, Senior Vice President of Corporate Affairs and Compliance at Oracle, focusing on cloud infrastructure and how Oracle could support the country’s digital transformation.
According to Letymbiotis, “Cyprus aims to function as a regional hub in the wider Eastern Mediterranean region, utilising its geostrategic position and dynamic technological development.”
The president also visited NVIDIA’s offices where he met with Yannis Iosifakis, Global Vice President of Sales and Business Development for HPC/Supercomputing, Jay Puri, Executive Vice President of Worldwide Field Operations, and their team.
They discussed global AI dynamics, potential applications of NVIDIA’s technologies in Cyprus’s public and educational sectors, and investment opportunities in data centres and supercomputers.
Christodoulides was given a tour of NVIDIA’s facilities where he was briefed on the company’s advanced technologies and their applications.
(Pictures PIO/Andreas Loucaides)
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