South Korean AI chip startup FuriosaAI activated its RNGD inference accelerator servers at Equinix's LS2 colocation facility in Lisbon, Portugal this week, marking the company's first confirmed commercial production deployment on European soil. The move arrived as the European Union's Technological Sovereignty Package — announced by the Commission in June 2026 — created formal policy incentives for EU enterprises to diversify their AI compute supply chains. The Lisbon deployment was timed to coincide with the RAISE Summit 2026, a major AI event held in Paris on July 8–9 where FuriosaAI co-founder and CEO June Paik joined other infrastructure leaders. RNGD — pronounced "renegade" — is built on a 5-nanometer Tensor Contraction Processor (TCP) architecture developed by FuriosaAI and published at the ACM/IEEE ISCA 2024 conference. The TCP architecture executes tensor contractions directly in hardware as native operations, keeping weight data resident longer in the chip's high-bandwidth memory to reduce data movement, which FuriosaAI calls the architectural source of its efficiency.