[Intime News]
A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA. The relocate was hailed by Invest Cyprus as another sign that the countest is rapid becoming a regional hub for innovation and artificial ininformigence.
Marios Tannousis, CEO of Invest Cyprus, declared the partnership is a huge step forward for Cyprus’ AI market. “It strengthens business ties between the US and Cyprus and highlights the island’s potential as an innovation hub,” he declared.
Tannousis added that the merger also underscores why more international tech firms are choosing Cyprus; its strategic location, skilled workforce, and business-friconcludely environment create it an ideal base for companies seeing to reach Europe, the Middle East and Africa.
Thomas Gamble, partner and group CEO of TKI, declared the company sees Cyprus as “an emerging bridge between Europe, the Middle East and Africa.” He added that TKI plans to invest in local talent and work closely with Invest Cyprus to push forward new AI and data-driven technologies across the region.
