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News 2026-09-23 15:09 UTC

OVHcloud CEO says public commitment for EU AI gigafactories too small

By Leo MarchandonOVHcloud EURONEXT:OVH CEO Octave Klaba on Tuesday estimated operators of Europe's proposed AI gigafactories would need annual sales of 300 million euros to 400 million euros just to break even on facilities built around fast-depreciating graphics chips.Klaba said a proposed 200-mil…