Domyn Plans 400B Parameter Open Source Model to Reduce European AI Dependency
2026-06-26 14:56

Woofun AI reports that Italian AI startup Domyn intends to release a fully open-source large model exceeding 400 billion parameters within one year. The EUROPA alliance, established with Germany's Fraunhofer-Gesellschaft, was selected for the European Commission's Frontier AI Grand Challenge and secured computational support from EuroHPC.

The initiative aims to mitigate reliance on overseas hosting systems amid concerns over US export controls and restrictions on remote services by Chinese firms. Training data will be sourced from institutional partners, with government data sharing agreements anticipated following meetings with European heads of state. Domyn CEO Uljan Sharka stated that training costs are lower than providing remote inference, noting that European public compute networks now meet R&D needs. The project has garnered backing from G42, Eurizon Capital, Rabobank, and BNY Mellon.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
Uljan Sharka
Domyn
EUROPA
Frontier AI Grand Challenge
EuroHPC
DeepSeek
G42
Eurizon Capital
Rabobank
BNY Mellon
Share:
back