The TensorX team, Dublin. Image: TensorX
Earlier this week, TensorX raised €8m in a seed funding round, which its founder Shane Morton described as an ‘opening move’ ahead of a much larger build-out.
Irish AI infrastructure company TensorX is to collaborate with finance provider Solstice in a partnership to deliver up to €1bn-worth of sovereign European AI infrastructure.
The companies said they “will work together to create a facility … to finance AI hardware and data-centre build-out to meet rising demand for sovereign compute across the EU”.
Dublin-based TensorX buys and runs AI hardware and data-centre capacity across the EU, with the aim of connecting its start-up and enterprise clients to private compute and keeping “prompts and data on European infrastructure with full data residency and zero retention”.
