Greece has officially launched the Pharos AI Factory, an institutional and corporate vehicle that will facilitate the country's organized integration into the European initiative known as AI Factories. This new company was registered in the general commercial registry following the provisions of law 5263/2025. It symbolizes Greece's commitment to contributing to the European ecosystem of Artificial Intelligence (AI) infrastructures, leveraging funding from both European and national sources.

The Pharos AI Factory aims to provide a comprehensive platform that encompasses the entire value chain of AI. Its primary focus is on the development and operation of the Pharos project, known as 'The Greek AI Factory for accelerating AI innovation.' This initiative is part of the Horizon Europe program for 2021-2027, with the project being financed at a 50% rate by the joint initiative. The establishment of this factory signals Greece's strategic move towards enhancing its capabilities in AI development and positioning itself within broader European technological advancements.

As the Pharos AI Factory begins its operations, it represents a significant step for Greece in the burgeoning field of artificial intelligence. Not only does it underscore the nation's dedication to innovation, but it also highlights the importance of collaboration between EU states to foster advancements in AI technologies. The implications of this project are substantial, as it aims to boost economic growth, foster research, and create high-skilled jobs in Greece, aligning with the EU's objectives of digital transformation and competitiveness in global markets.