Published Sep 23, 2026, 11:13 AM ET · Updated 2 months ago · 1 source

OVHcloud CEO says public commitment for EU AI gigafactories too small

reuters
reuters
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Original Report

OVHcloud 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.