Europe VCs see glimmer of light

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Tech Across the Globe

Broadcom's gear: Broadcom began shipping a new version of its data center switch chips that can boost the efficiency of AI accelerators. One of the new chips, called a Tomahawk 6, can do the work of six of the previous versions.

EU pressure: Elon Musk's X social network is showing a prominent disclaimer about its blue checkmarks in an attempt to satisfy concerns from European Union regulators that the program is deceptive and needs to be overhauled.

Temu, Shein shake-up: Merchants who sell through the Chinese online marketplaces are reeling from the uncertainty imposed by the US trade war with China and President Donald Trump's on-again, off-again tariffs. But finding new markets in Europe is no easy task.

Revalued

Energize Capital has raised $430 million for a new fund targeting early stage startups working on climate technology. The funding will bring the firm's total assets to $1.8 billion as it seeks to back energy companies looking to improve the efficiency of the electric grid and produce new batteries.

Must Read

The mood at SuperVenture, an annual gathering of the venture capital industry, was a bit gloomy this week in Berlin, Mark Bergen reports in today's Tech in Depth. While strained relations with the US have cast uncertainty on the ability to raise money, some see a silver lining — investors, and European tech startup founders, may be more willing to stay at home and build up the domestic economy, he writes.

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This Week in Game On

Electronic Arts' decision to cancel a video game based on the Marvel superhero Black Panther and close the developer behind it was the latest move in an ongoing reorganization at the publisher, Jason Schreier writes in this week's Game On.

Sign up for the Game On newsletter to go deep inside the video game business with reporting and analysis from Jason Schreier.