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AI News from ET - France's OVHcloud plans frontier AI models to become Europe's second LLM player

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OVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to offer alternatives to US and Chinese AI systems. OVHcloud CEO Octave Klaba stated the firm must master this technology for its future. The economics of developing these models have improved significantly.

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