Intelligent CIO Europe Issue 104 | Page 24

TENSORX LAUNCHES SOVEREIGN AI PLATFORM WITH € 8M FUNDING AND PLANS FOR € 100M NVIDIA GPU EXPANSION ACROSS EUROPE

Irish start-up TensorX has launched with € 8 million in funding and plans to deploy up to € 100 million in NVIDIA Blackwell
GPUs as demand grows for sovereign
AI infrastructure that keeps sensitive enterprise data within European borders. s artificial intelligence adoption

A accelerates across Europe, a growing number of organisations are confronting a difficult question: where does their data go when they use AI?

For many enterprises operating in highly regulated industries, the answer has become increasingly important. Concerns over data residency, privacy, compliance and control are driving demand for sovereign AI infrastructure that allows businesses to benefit from artificial intelligence without transferring sensitive information outside European jurisdictions.
Seeking to capitalise on that shift is TensorX, a new AI inference platform launched by a team of Irish founders with an initial commitment of € 8 million to NVIDIA Blackwell GPUs, including the latest B300 chips. The company is positioning itself as a European alternative for organisations seeking AI infrastructure that combines high performance with strict data sovereignty requirements.
Founded by Shane Morton, TensorX is already generating revenue from paying customers and is targeting enterprises in finance, healthcare and legal services, sectors where compliance requirements and data protection obligations are particularly stringent. The company is also part of the NVIDIA Inception programme and is working with Dell to source GPU hardware as it expands its infrastructure footprint.
The launch comes at a time when European businesses are under increasing pressure to deploy AI technologies while simultaneously ensuring compliance with regulations such as GDPR and the EU AI Act. For many organisations, that balancing act has become more challenging as AI services continue to be dominated by large international cloud providers.
TensorX’ s answer is to provide highperformance AI inference with zero data retention, operating entirely on dedicated infrastructure located in Dublin and Helsinki. The company says no customer data is stored, logged or reused, providing enterprises with
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