OVHcloud moves into building AI, acquiring Dragon LLM and launching an AI lab
OVHcloud is stepping up its ambitions in European artificial intelligence, moving from hosting other companies' models to building its own. In March 2026 the Roubaix-based cloud group announced its first-ever acquisition: Dragon LLMDealroom has a profile for this one. Try Dealroom →, a Paris startup specialising in fine-tuned, sovereign generative-AI models for regulated industries such as finance.
Founded in 2011 as Lingua Custodia, Dragon LLM was a winner of the European Commission's Large AI Grand Challenge and trained its hybrid, energy-efficient "Dragon" architecture on EuroHPC supercomputers. Alongside the deal, OVHcloud is launching a dedicated AI lab to train and fine-tune large language models for both cloud and on-premises deployment, building on the AI Endpoints inference platform it opened in 2025.
The strategy positions OVHcloud as a European sovereign-AI player in its own right, complementing its existing partnership with Mistral AIDealroom has a profile for this one. Try Dealroom →: hosting general-purpose models while developing its own specialised, open-source models for sensitive and regulated use cases. Founder and chairman Octave Klaba has also trailed an upcoming European "AI Workspace" combining email, drive, video and agentic AI.