Nicosia, Cyprus. Cyprus-based FinSight Ventures is positioning itself for anticipated initial public offerings by artificial intelligence companies Anthropic and OpenAI, which it says could reshape global valuation benchmarks. Separately, Qrator Labs reported that cyber risks for businesses in Cyprus remained high despite a major reduction in the size of the largest DDoS botnet it monitored.
AI investment outlook
FinSight Ventures operates internationally while being anchored in Cyprus. Its portfolio includes generative AI unicorns Databricks and Scale AI, as well as fintech investments in markets including Uzbekistan and India.
General partner Alexey Garyunov said the expected listings of Anthropic and OpenAI could represent a turning point for the sector.
“Putting two AI leaders into public view sets that anchor for the first time,” Garyunov said.
“Once it does, I’d expect a repricing of private-market reference points,” he added.
Speaking to the Cyprus Mail, Garyunov said Cyprus was increasingly serving as an innovation hub because of its position at the intersection of global capital flows.
Cybersecurity findings
New data released by cybersecurity company Qrator Labs for the second quarter of 2026 found that the largest distributed denial of service, or DDoS, botnet monitored by the company fell from 13.5 million devices in the first quarter to 2.09 million devices in the second quarter.
The decline may reflect an international law enforcement operation, according to the report. Authorities in the United States, Canada and Germany disrupted infrastructure used by several major botnets, including the Aisiru and Kimwolf networks.
Qrator Labs said the reduction did not result in lower cyber risks for businesses in Cyprus, with attackers continuing to launch increasingly powerful assaults.
