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STATUS: PRE-CONSTRUCTION · SITE A UNDER EXCLUSIVITYNODE: VASILIKOS-01 — 34.7246°N, 33.2247°ECAMPUS: RISC-V PHASE 1 · MULTI-SILICON EVAL · PLANNEDPOWER: 42MW ON-SITE GENERATION · DESIGN TARGETSTATUS: PRE-CONSTRUCTION · SITE A UNDER EXCLUSIVITYNODE: VASILIKOS-01 — 34.7246°N, 33.2247°ECAMPUS: RISC-V PHASE 1 · MULTI-SILICON EVAL · PLANNEDPOWER: 42MW ON-SITE GENERATION · DESIGN TARGET
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RESEARCH NOTE

PHAROS AI Factory — complement, not competitor

Public Greek factory and Cyprus SME antennas sit beside a planned commercial campus. AGICY is not a Gigafactory bidder.

Published: 21 August 2026By AGICY Research
PHAROS AI Factory Greece and Cyprus antennas
Public vs commercial

EuroHPC now counts 19 AI Factories operational or selected, plus 13 AI Factory Antennas. Four Antennas connect to the Greek AI Factory PHAROS: Cyprus, Malta, North Macedonia and Serbia. That is public SME and research capacity. AGICY’s Vasilikos campus is pre-construction commercial offtake.

Cyprus antenna and CY-AIF

Cyprus cleared state aid for the Pharos-CY AI Factory Antenna on 17 July 2026, roughly €6 million, found compatible under Article 28 of Regulation (EU) 651/2014, with SMEs as principal beneficiaries. Separately, the AI Factory Cyprus (CY-AIF) NVIDIA system entered pilot operation in June 2026. Sources: EuroHPC JU / PHAROS; Cyprus Mail, CBN Cyprus, CORDIS project 101263007. AGICY does not operate those systems.

What AGICY is

AGICY is operated under the AGICY brand by Advanced Governance & Intelligence Cyprus. The project is developing a RISC-V accelerator campus at the Vasilikos industrial zone and operating Copperway, an EU-jurisdiction LLM gateway. Campus GPU leasing is planned, not a live hall. Greece is in the entity corridor (planned Megara interest on /leasing) — this is not a German, French or other country doorway.

Related: Cyprus–Greece corridor · data centers · GEMI method.

FAQ

Is AGICY a EuroHPC AI Gigafactory bidder?

No. AGICY is operated under the AGICY brand by Advanced Governance & Intelligence Cyprus. The project is developing a planned RISC-V accelerator campus at Vasilikos (pre-construction). AGICY is not a Gigafactory bidder.

Does PHAROS compete with AGICY leasing?

No. PHAROS and its antennas are public SME and research capacity. AGICY leasing is planned commercial offtake. Public factories are a complement, not a substitute.

What is Pharos-CY versus CY-AIF?

EuroHPC counts 19 AI Factories plus 13 Antennas; four Antennas connect to Greek PHAROS (Cyprus, Malta, North Macedonia, Serbia). Separately, Cyprus cleared Pharos-CY state aid on 17 July 2026 (~€6 million, Art. 28 GBER, SMEs) and CY-AIF NVIDIA entered pilot in June 2026. AGICY does not operate those systems.

§ FIN — Close of Document

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