The Irish startup is buying B300 GPUs to expand a GDPR-compliant inference platform aimed at the banks, hospitals, and law firms that cannot send their data abroad.

TensorX, a startup building AI inference infrastructure that keeps European data inside Europe, has raised €8m to buy Nvidia Blackwell GPUs, including the latest B300 chips, and expand a platform pitched squarely at regulated industries.

The money goes into hardware rather than headcount. TensorX runs private AI inference on dedicated Nvidia infrastructure located in Europe, currently from data centres in Dublin and Helsinki, and lets customers deploy open-weight models without their data leaving the continent.

Nothing, the company says, is retained, reused, or fed back into training. The platform supports more than 33 open-weight models and offers an OpenAI-compatible API, so developers can switch over with minimal code changes.

The pitch grew out of a recurring complaint. TensorX founder Shane Morton, who came from a portfolio of fintech companies, kept hearing the same thing from businesses that wanted to adopt AI but needed certainty their data would stay under European jurisdiction.