OVHcloud announces the acquisition of Dragon LLM, a developer of specialized generative AI models, and is launching its AI lab to offer new services to its customers based on LLMs

Group 1: Acquisition Overview - OVHcloud has signed a binding agreement to acquire Dragon LLM, an AI model fine-tuning platform aimed at regulated industries, to enhance its expertise in generative AI [1][2] - This acquisition marks the first for OVHcloud and initiates the launch of its AI lab, which will focus on training and fine-tuning sovereign LLM models [2] Group 2: About Dragon LLM - Dragon LLM, originally founded as Lingua Custodia, specializes in developing sovereign generative AI models tailored for the financial sector and has won the Large AI Grand Challenge by the European Commission [2] - The company is based in Paris and aims to create responsible and efficient European AI solutions that support technological sovereignty [2] Group 3: About OVHcloud - OVHcloud is a leading European cloud provider with over 500,000 servers across 46 datacenters on 4 continents, serving 1.6 million customers in more than 140 countries [3] - The company has over 20 years of experience in providing a trusted and sustainable cloud model, ensuring total control over its value chain from server design to datacenter management [3] - OVHcloud offers cutting-edge solutions that combine performance, predictable pricing, and complete data sovereignty, promoting environmentally conscious practices [3]