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Solstice and TensorX launch $1B fund to boost EU AI hardware and data centers

Market News
25 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Solstice and TensorX have partnered to create a $1 billion financing facility aimed at expanding AI hardware and data center capacity across Europe. This initiative addresses the growing demand for sovereign AI compute resources hosted locally, ensuring data privacy and control within the EU. Solstice will manage the financing using its onchain lending platform, while TensorX will deploy AI infrastructure with NVIDIA GPUs. Additionally, Solstice will introduce aiUSX, a yield-bearing asset to help companies manage AI spending while keeping funds liquid. This move supports Europe's goal of building independent AI capabilities and broadens access to infrastructure funding beyond traditional institutional investors.

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