Solstice and TensorX plan up to $1 billion facility for EU sovereign AI hardware and data centres

Solstice said it will launch aiUSX, a yield-bearing asset designed to let companies help finance AI infrastructure using capital they already earmark for AI spending. TensorX and Solstice announced a partnership to finance European sovereign AI infrastructure. The two companies said they will work together to create a facility with up to $1 billion in capacity.