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# OVHcloud to build its own frontier AI models, targeting Mistral's turf
- URL: https://sovereigntymonitor.eu/news/2026-06-17-ovhcloud-frontier-ai-models/
- Published: 2026-06-17T12:00:00.000Z
- Updated: 2026-09-23T12:00:42.000Z
- Description: OVHcloud chief executive Octave Klaba told Reuters at VivaTech that the French cloud group will train its own frontier AI models, using its DragonLLM purchase and Europe's Jupiter supercomputer, at a cost now near EUR 150 million to EUR 200 million, down from about EUR 1 billion.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Compute and infrastructure, #news, #reported, #editor-read

Reported Editor-read [Reuters, 17 June 2026](https://www.investing.com/news/stock-market-news/frances-ovhcloud-plans-frontier-ai-models-to-become-europes-second-llm-player-4747905?ref=sovereigntymonitor.eu)

**What it does not test.** Does not establish that OVHcloud has secured dedicated financing, set a release date, or published performance benchmarks for any model.

**How this item counts.** No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0\. CEO states intent to train own models; no secured financing, date or benchmarks yet. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-09-23\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)