I don't fully understand the reactions in the comments.
It's an announcement of a project that is starting soon-ish, mostly aimed at recruiting students and getting European talent excited, why would you expect them to deliver a model upon announcing the project?
Did you expect OpenAI to release GPT in the press release that announced its creation as a company? Bullshit Silicon Valley startups do big press releases based on literally nothing all the time, but all of a sudden this is an issue if an academic European institution does it?
I hope the post is being bot-raided because otherwise I'll have to accept that the quality of thought on HN has gone down. I get the typical biased US-elitism that is pervasive on this website, but these reactions are just plain dumb.