TensorX Secures €8M to Boost GDPR-Compliant AI Platform with B300 GPUs

Irish startup TensorX has raised €8 million to purchase Nvidia B300 GPUs, enhancing its AI inference platform tailored for banks, hospitals, and law firms. The company emphasizes data sovereignty, keeping European data within the continent and addressing regulatory needs. TensorX reports growing demand for sovereign AI solutions, driven by recent events concerning data security. Revenue is already coming in from clients across finance and healthcare. Expansion plans include GPU facilities in multiple European countries as demand surpasses supply.