Slovak Company Abandons Million-Euro Grant After Media Scrutiny Over Disaster Prediction Project

A Slovak company called Forecast AI withdrew its application for a million-euro government grant after journalists began investigating the funding request. The company had sought the money to develop technology for predicting disasters and managing pharmacy inventory systems. The grant was to be awarded through MIRRI, Slovakia's innovation support agency, which has previously been scrutinized for questionable funding decisions. The company's decision to abandon the application came immediately after media outlets started asking questions about the project, raising concerns about the transparency and merit of the proposed funding.