Romania: Romanian-founded data and AI giant Databricks announces new USD 4 (…)

December 17, 2025

Romanian-founded data and AI giant Databricks announces new USD 4 bln funding, increased valuation
Dec 17, 2025

Romanian-founded data and AI giant Databricks announces new USD 4 bln funding, increased valuation.

Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Bolojan wants justice reform: There should be no statute of limitations for serious corruption cases Prime Minister Ilie Bolojan says that serious corruption cases should not be subject to a statute of limitations. Bolojan announced the formation of a working group for justice reform. 10,000 cases have been closed in three years.

Bolojan on the coalition situation: It's only a matter of time before things end badly Prime Minister Ilie Bolojan said that the current governing coalition risks becoming deadlocked if there is no "reset" of relations between the ruling parties, following the PSD senators' vote in favor of a simple motion against USR Minister Diana Buzoianu.

Nicu?or Dan:The biggest problems in the justice system are in the Judicial Inspection and promotions President Nicu?or Dan says that the biggest problems in the justice system are in the Judicial Inspection and the promotion system.

Romanian prime minister comes out in favor of no statute of limitations for serious corruption Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian (…)

Marius Barbu Takes Over As Chief Operating Officer Of NEPI Rockcastle NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Marius Barbu as Chief Operating Officer (COO), effective April 1, 2026.

President challenges new law requiring 40% of sports teams to be made up of Romanians President Nicu?or Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and (…)

Southwestern Romania: Craiova International Airport inaugurates new passenger terminal Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project (…)