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TensorX and Solstice line up $1bn to finance Europe’s sovereign AI buildout — Blankdot

thenextweb.com1 month ago

TensorX and Solstice line up $1bn to finance Europe’s sovereign AI buildout

TensorX and Solstice line up $1bn to finance Europe’s sovereign AI buildout

The partnership will fund EU AI hardware and data centres, and launch aiUSX, a yield asset that puts companies’ idle AI cash to work as infrastructure lending. Building sovereign AI in Europe takes chips, and chips take capital. TensorX and Solstice said they would supply the second to help buy the…

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