France's OVHcloud plans frontier AI models to become Europe's second LLM player (opens original article in a new tab)

OVHcloud aims to build advanced AI models, positioning itself as a European competitor to Mistral and offering alternatives to US and Chinese AI systems. The company believes the economics of AI development have improved, allowing for more cost-effective model creation. OVHcloud plans to open-source its models once they meet performance standards.

• OVHcloud plans to develop frontier AI models to compete with Mistral in Europe
• OVHcloud CEO states the company must master AI technology for its future
• The economics of developing AI models have improved, reducing costs significantly
• OVHcloud intends to open-source its AI models once they reach sufficient performance