OVHcloud has half its capacity open to new clients, first AI model due early 2027

what happened

OVHcloud expects to launch its first AI model in early 2027, chief executive Octave Klaba said on Tuesday. He made the remarks to Reuters after the French company published its annual earnings report, adding that roughly half of its connected cloud capacity is open to new customers.

According to Klaba, OVHcloud has 250 megawatts of capacity connected, of which 140 MW is running and 110 MW is ready for new business. That lets the company take on clients without spending on construction, while rivals must invest in extra capacity. He also said the OVHai Workspace productivity platform will soon release its first pilot, and the company's first model will use a mixture-of-experts design that routes tasks to specialised sub-models.

Klaba again criticised Europe's state-backed computing programmes, arguing that their half-EU, half-member-state financing steers projects toward national initiatives. He said national strategies for the EU's planned AI gigafactories were "doomed to failure" and called a proposed 200 million euro public commitment to buy AI services over five years too small.

why it matters

For investors, the story is mainly a signal about demand for European cloud and AI computing. Spare capacity lets OVHcloud win customers without new construction spending, which sets it apart from rivals that must build data centres. The timing of the model and pilot remains management's own projection.

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