Tag: ovhcloud
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OVHcloud eyes faster 2027 growth as it posts first positive cash flow since IPO
Oct 20 : French cloud operator OVHcloud reported its first positive levered free cash flow since its 2021 listing on Tuesday, as its revenue grew 7.2 per cent to €1.15 billion ($1.29 billion) in the financial year through August.The milestone means OVHcloud now covers its heavy capital spending from its ow
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ESA taps OVHcloud, CGI to build system for Earth observation data
Sept 28 : OVHcloud and CGI have won a 30-month European Space Agency contract to build computing infrastructure to store and process Europe’s Earth observation satellite data, the companies said on Monday.The award reflects the European Commission’s push to steer strategic workloads to European providers and
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France’s OVHcloud plans frontier AI models to become Europe’s second LLM player
PARIS, June 17 : OVHcloud plans to train frontier AI models – the most advanced, large-scale systems built from scratch using vast data and computing power – its CEO said on Wednesday, positioning the firm as a potential European challenger to Mistral.The move marks a shift for OVHcloud, Europe’s largest clou
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