Black Sea AI Gigafactory remains without European funding

publicat 2026-09-04 00:00:02 (Bursa)
*According to a document issued by the European Commission, the government in Bucharest has not ASSUMEd its financial contribution for this project *In the absence of an AI gigafactory, we will be content with a simple AI factory *Basically, our country loses funding for another 75,000-100,000 advanced processors, designed to train frontier models ...continuare.

SAFE loans, repaid in 45 years. Romania has a 10-year grace period

publicat 2026-08-27 14:00:09 (Mediafax)
The loans granted to Romania through the European SAFE instrument have a maturity of 45 years and a grace period of 10 years. Access to the next tranches will, however, depend on the fulfillment of the milestones ASSUMEd for the financed projects and acquisitions. ...continuare.
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