ComputerWorld AI·
The European Union has stepped up efforts to grow its homegrown tech sector and reduce dependence on US firms, advancing plans this week for a €5 billion ($5.8 billion) fund to help startups scale in Europe rather than seek capital or buyers abroad. Analysts welcomed the initiative, but said its success will depend on whether it can spur wider private investment in European tech companies. The European Commission this week selected Swedish investment firm EQT — one of Europe’s largest private market investors, with $311 billion in assets — to manage the fund; first investments are expected this autumn. The fund is backed by the Commission and private investors, including Allianz, CriteriaCaixa, and Novo Holdings. The effort is part of a broader push to strengthen the EU’s tech sector following the 2024 Draghi report on competitiveness. Other initiatives include EU Inc proposals aimed at reducing red tape for startups and a Tech Sovereignty Package due May 27 that’s expected to include
Read full articleIG's partnership with Bitpanda could accelerate crypto adoption in the EU, integrating digital assets into mainstream trading platforms. The post IG Europe partners with Bitpanda to bring spot crypto trading across the EU appeared first on Crypto Briefing.
The U.S. Department of Commerce will invest $2 billion into quantum chip foundries and startups as the "Q-Day" Bitcoin threat nears.
Real Technologies (parent company of REAL Finance) has executed its first securities-tokenization agreement, marking the initial operational use of its infrastructure. The deal activates a committed institutional pipeline exceeding $100 million in client assets. The Details of the Initiative The deal was signed with Factori AD, an EU- regulated investment broker that will route assets […]
Nvidia's central role in AI infrastructure growth highlights its potential to drive tech sector trends, but regulatory and competitive risks persist. The post Analysts raise Nvidia price targets as AI infrastructure demand accelerates appeared first on Crypto Briefing.
Boerse Stuttgart’s Seturion has partnered with Societe Generale, SG-FORGE and flatexDEGIRO to build a pan-European blockchain securities settlement system.
The EU's temporary sanction lift underscores the urgent need for Europe to reduce its dependency on foreign chip suppliers, highlighting geopolitical vulnerabilities. The post European Union proposes temporary lift of sanctions on Chinese chip supplier to aid automakers appeared first on Crypto Briefing.
The EU's downgraded growth forecast highlights vulnerabilities to energy shocks, potentially spurring shifts in fiscal policy and crypto markets. The post European Commission cuts EU growth forecast to 1.1% amid Middle East conflict appeared first on Crypto Briefing.
The EU-China trade tensions could disrupt global supply chains, increase economic uncertainty, and potentially slow global growth. The post China warns EU of countermeasures against new trade restrictions appeared first on Crypto Briefing.
