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The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: PitchBook Newsletters Also: An uneven AI boom, the weak science behind AI health hype & more April 5, 2026 | Read online | Manage your subscription The Weekend Pitch (Chloe Ladwig/PitchBook News) The war in Iran has broug [...] Content analysis details: (0.5 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 RCVD_IN_DNSWL_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to DNSWL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#DnsBlocklists-dnsbl-block for more information. 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font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Weekend Pitch</s= pan></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXR-2BKhj-2FQdTNKQiWQHPRZjK8y56t= -2B-2FinI0BXs3ynWRavA-3D-3D1zpA_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2B= HR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjT= Ytd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJ= ovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPq= WvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024YjXna5H-2F5M2-2FELAVzBQrEhkH= E4hoEiQ3z6fv1RUkZTPlWd-2BL1E4Yl02t-2FSEXF7Zk07GBVN9aaVKmy3oCuVaLAFny5szVbSW= UDVCG8xq7WNH1fY038Z7HOdJMX9g2vQwTvPmbubz0FhlLbshPf6hF43mnRTeTDHzKIJ7v4XHfRQ= UIJ-2FDdGQWNfiH4RVdXele6ruszOzysVZPV6pN6DXYYMiKa7DnxTIi7qkYlYNOo-2B-2FhBqJv= l2wqf2zcnH4F1tnfq4vI-2B-2BzLCwBFYP34r7-2FWFagp" universal=3D"true"> <img al= ign=3D"center" alt=3D"" src=3D"https://img.pitchbook.com/news/73597.png" st= yle=3D"border: none; width: 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"padding-bottom: = 8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: = 27px; color: #78766F; text-align: right; font-weight: 300">(Chloe Ladwig/Pi= tchBook News)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">The wa= r in Iran has brought havoc to global trade routes and rattled oil markets.= For PE, it's also changing the energy investment thesis in Europe.<br><br> Before the latest conflict broke out, PE inv= estment in energy was already on the rise. PitchBook data shows a record = =E2=82=AC46.5 billion (about $53.3 billion) was invested in the sector in E= urope last year, a 7% increase from 2024. The focus was still firmly on ene= rgy transition.<br><br> Now, with the blockade of the Strait of Horm= uz choking off roughly a fifth of the world's daily oil and gas flows and B= rent crude up almost 50% from pre-war levels, energy security is forcing it= s way to the top of the agenda.<br><br> The question investors are asking has shifte= d: not just how to decarbonize energy, but how to control it.<br><br> I'm Emily Lai, and this is The Weekend Pitch= . You can reach me at <a href=3D"mailto:emily.lai@pitchbook.com" style=3D"c= olor: #1D5080;" test=3D"">emily.lai@pitchbook.com</a> or on X <a href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXR-2BKhj-2FQdTNKQiWQHPRZjKrMcxor1l64Ui-2BU33jGhp1Q-3D= -3D3JjM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV= Rr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm= 2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqF= F52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0r= RUNSvEJGDEgwJ3qZBcyx024Yia3F6oaN95kNxonj7obVZ15osWqTU8j4PB7OH9gYp12qdO-2Fvh= RG5-2BsMIlB7Uq-2Fw3xi-2BeWOYWgyw1YflFUev4y5AbdxtiU26Xf7-2B4CQEEgS7ckGY9xu5J= 9FY17NuY0r-2BoL96FBb6SUTK-2Buwten7jmq-2FOwpvDdJXNC4LmhKy7jCQQaL210hFI29ilm1= EtKs-2BGtVhBP34TqVprgssp-2FmHzOfU-2B5Vt6TFanJY-2BuvDArU4gXwZz7X-2FouN0Y1S5R= 2GOSKgB7EPygjtZJN8ju5TzGJOC3" style=3D"color: #1D5080;" test=3D"">@ThisIsEm= ilyLai</a>.<br><br> Given its structural dependence on imported = energy, Europe arguably feels this shift more keenly. According to Eurostat= , almost 60% of the EU's energy needs were met by net imports in 2024.<br><= br> Europe's push to reduce its reliance on exte= rnal energy suppliers has made an already attractive sector even more appea= ling to investors.<br><br> Just this month, at least two funds have clo= sed in Europe to invest in energy security. Paris-based infrastructure inve= stor RGreen Invest closed a =E2=82=AC900 million fund targeting European en= ergy sovereignty, while French VC firm Partech also held a final close for = its first impact fund this month on =E2=82=AC300 million. The fund is looki= ng to invest in multiple sustainability themes, including energy security, = through technologies such as battery optimization and the circular economy.= <br><br> According to PitchBook's <b><a href=3D"https= ://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzXR-2BKhj-2FQdTNKQiWQHPRZjKweZru6fZHKSA5oqzx5DmeQ-3D-= 3DYtbw_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR= r5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2= qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF= 52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rR= UNSvEJGDEgwJ3qZBcyx024YgbRcP7z-2F8WzTOdcnL5XNfqvKxGLPnedNmtCMTMG7jUFZ-2FMCY= gXi9JbEjjTZjwdUu2mH-2FNq0XLsQEt6m7CRTgmjj7JAQd76Yyo-2B014xya8CasFkrzczYRQIa= cjxfDMPhmVrkmyALuBSvS-2F7FuhiXkgNMDhkzyoVH7IDLN050c2M2eqnZ2HZ1koFA2dpfwBQxq= Vr81vBoMaQGax3-2B4kmcJs-2FooKvbrYT4-2FOsn37sV7gjFFFOXBSZ-2Bd6Yh0cwiUqo7xmNM= lPqkPmMRRAMYlQQ-2BW5i" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">Q3 2025 Global Real Assets Report</a></b>, energy security is a positive= driver for both fossil fuel and renewable energy sources as nations look t= o secure access by any means. However, Carlyle believes that non-fossil fue= ls, including renewables and nuclear, will be in higher demand when securit= y is critical, as they are mostly local and not traded.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzXR-2BKhj-2FQdTNKQiWQHPRZjK8y56t-2B-2FinI0BXs3ynWRav= A-3D-3DyXww_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA= 68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2T= yTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-= 2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxM= ZY0rRUNSvEJGDEgwJ3qZBcyx024YgsDwW4LqG30S3O-2Fg0DzuUCgmPz2y2XXCK1MpC6l9AeR-2= F4i8PIPNfhWro1bVyBQr7pKdZqEwXDWT74YyIwDw8ND3aMH0QJk1myhS5FKo83LWhSYzZPivZD7= ehiUX981cV5LpYrv8J-2FhIPk-2B4oxtzjRkqqvcMiqGUMhTHwQii0MRcNB8rU-2F5W1H82gyoY= vc4VGs-2Bd36IufZNIZeXEt3j8eKKrJGQoKTkgHLoSefyESMteykfGJiBVAvU1C7EQ5XQbGIc-2= Bb-2BxIEhhV8dSAPtiEOEd" style=3D"font-family: Roboto, Arial, sans-serif; fo= nt-size: 18px; text-decoration: none; color: black; padding-left: 3px" targ= et=3D"_blank" universal=3D"true">Read more<img height=3D"24" src=3D"https:/= /fonts.pitchbook.com/newsletter/arrow-right.png" style=3D"vertical-align: m= iddle; margin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from PitchBook</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_579416" id=3D"n_579416" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> Put your brand in front of the= private market professionals who matter most </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">PitchB= ook helps companies reach investors, executives, and dealmakers through hig= h-impact advertising and bespoke research. Partner with our analysts to cre= ate data-driven content or connect with our audience through targeted place= ments across newsletters, reports, and PitchBook.com.<br><br> Clear insights. Trusted data. Meaningful rea= ch.<br><br><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du00= 1.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXR-2BKhj-2FQdTNKQiWQHPRZjKPCn= TQsSEFOqhJd96urTP2w-3D-3DWchG_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR= 4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYt= d-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJov= wlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWv= M4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024YgkZ274YGkquP4dxJMsnZpDNN9GkiM= i-2BSna-2F-2B9VJQovaDknrh-2Fvy0HMcyp0694ey9fic-2BRA-2B7vGNtqjglw2ZGmvtKp4MQ= uZ5csmcAeDM4TYljIIUFUEl3cHZwt6OM4F1KdImWHb0WZfiXL-2BUjM-2BvEBzHmWi5FOOxzu2T= H7GMdkSNLohTwgg-2BbAURkebNncs-2FHmZv1gfPt0NV65iNiIdflSizO6F6OFH0RH2ZMSFjqrn= 1N9m0kxCeoBj9C1tjfMJtDrE9SMXtW-2FCMqCvD0vmYGLA" style=3D"color: #1D5080;" t= est=3D"">Explore advertising and custom research opportunities</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> = =20 <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">So far= in 2026, 90% of total VC deal value in the US has gone to AI-related compa= nies. In Europe, AI-focused VC investments have already passed last year's = halfway mark in just Q1, with about =E2=82=AC13 billion (about $15 billion)= invested so far this year. About what percentage of this year's VC deal va= lue in Europe has gone to AI startups?<br><br> A) 52%<br> B) 62%<br> C) 72%<br> D) 82%<br><br> Find your answer at the bottom of The Weeken= d Pitch!</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>ICYMI</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">A sele= ction from our most-read articles of the past few days.=20 <ul> <li><b>From attachable toilet devices to pers= onalized dietary plans</b>, the science to back up the offerings of gut hea= lth startups is weak. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXR-2BKhj-2FQdT= NKQiWQHPRZjKOKZ4DfHNejVHyokShAI5Ug-3D-3DtFvN_Pr966knuaHmaw6c7pKvB-2BCEiDnj5= UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb= 2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrg= bw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14Z= sFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024YjG0i85aS2-2FtW= 778N-2BHBavjVv8AygucL38PqoVCxjx2lyaQqUP5nZtxHcQ-2F-2BQAliGfi3qiVdY6KmcrLNIk= yg2M0yU632Pp5E8FxaHLMDTHEn72u9rcRE8uulJ9BLmc6ZuRQkxmGj0rytfFJm-2F5TMAnNDtTP= P9sv3o4PWl309weUSHzf-2BS4TcQxY5l3TaSEc2ANOtaxRCtEnojhm-2FAgRl5mtNHdYZRmd-2F= xJHDf164QsYwgiYOIERyLGDQPbFVCc-2BDkXxvObxorzfuEm9QwSCI6W-2F" style=3D"color= : #1D5080;" test=3D"" universal=3D"true"><b>Get the story</b></a><br> </li> <li><b>Retail investors are already in on Ope= nAI.</b> Several ETFs are being offered shares in the company ahead of its = highly anticipated IPO. <a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUrenAeqA1-2F= 1aKL7hq9lcvPfBXhge13mqBW32fMcthDXA-3D-3DoRdS_Pr966knuaHmaw6c7pKvB-2BCEiDnj5= UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb= 2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrg= bw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14Z= sFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024Ygv8DapaFx6lZ5I= GD11uJd3utVOYMlxwwKZ-2B8ej4c02-2Bbza1kGRlH4hyWN7tthmI-2BZjN4MwHUynsjOAq5TBf= rtlJWJYnFF4LSUnbzGKu7VDfHo8JBcjvZveLNY2MJWk5fz8S-2BhOXbEKkO-2Fk9vHXjy-2Fo-2= BR1yOyv-2B-2F8lfa9YSBcZteN2SIrQEesaTuQGM3UnRKorwqqEmp9yZ2-2B91xQs2AvQPfdLup= fCMHY-2FUB0OVBeI9MkDSyyCspbuw487xTmWSw6-2BioD7LwkfItndclHwLnqv1" style=3D"c= olor: #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a><br> </li> <li><b>Now that AI is a reality, these startu= ps are zeroing in on real-world deployment.</b> At least nine AI inference = companies have already raised new funding in 2026. <a href=3D"https://url63= 80.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2B= aqM7ONnvsnswouzUrenAeqA1-2F1aKL7hq9lcvP0vwlgBi6c8jbw4YX7Ej85Q-3D-3DUAyb_Pr9= 66knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fV= VKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhen= n6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYC= v6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEg= wJ3qZBcyx024YioJ7PJHXk-2FbKihpMNc70I7lOqbR9a-2FUVwEXsmR-2FG0dyDGt690T8rINsC= 6sJjjL7b8jq4IUC-2F6-2FmmIegAVp9OfV-2FXM106El6eKd8fJlnlnGzd5MzaVjAua2x690mWS= QKKIfuRZ9ZtftdblcE2lsfCFiVa6ouyLpzUB9Sd2MfMoO5k56qGoSLU5b1rvC4xAdhC7ig7jgcb= 3pZowMbm-2BZpwSnDPF-2Bi-2FmtNJSgbiy3aRX6qcYuwdOdhHwAmlChAokUowQZqJdyt3WvbNO= s2mAA-2FPB3" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>See = the list</b></a></li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Quote/Unquote</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUrenAeqA1-2F1aKL7hq9lcvP0vwlgBi= 6c8jbw4YX7Ej85Q-3D-3DBVa4_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYtd-2B= WYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJovwlRA= QIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWvM4N4= -2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024YgMYyEYdQdQ3Rk2F2pJ22yZsbxlpwc0dgP= qqRIqD-2BCezQT2b4ko2GNbP0V6kfXDuA7vfhkgYWn7uooB6A-2BsTZtfDStRlOybMZJdpJh3At= UyWRkW2HEjx9fVlQ26Ob53yCmKMQeo3DrXRIuSjUCb-2Ba79h8uVBqO02A3f-2BLOusqNvhCULz= ymDRkrjW7RhgGAJ5G0gwznpWnS1Q1CHyKMbJpKuXYRVfQxo2pTRPq-2BwqzJAnv0HHVDYF-2Fg0= Cj-2B04hECkcQLTJwdKeCZr-2FlZ9uzqRH7T" universal=3D"true"> <img align=3D"cen= ter" alt=3D"" src=3D"https://img.pitchbook.com/news/73582.jpg" style=3D"bor= der: none; width: 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"text-align: righ= t; font-size: 10px; line-height: 27px; padding-bottom: 8px; color: #78766F;= font-family: Roboto, Arial, sans-serif; font-weight: 300">(Yuichiro Chino/= Getty Images)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =9CInference is the core of every interaction with an AI product or model. = Investing in inference is the same as investing in the growth and adoption = of AI as a whole.=E2=80=9D<br><br> =E2=80=94Tuhin Srivastava, the CEO and co-fo= under of Baseten, a startup specializing in AI inference infrastructure. La= st week, South Korean chipmaker Rebellions announced a $400 million round, = which highlights VC activity accelerating in AI inference. Read more about = startups tackling AI deployment <a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUren= AeqA1-2F1aKL7hq9lcvP0vwlgBi6c8jbw4YX7Ej85Q-3D-3DHdL9_Pr966knuaHmaw6c7pKvB-2= BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR7S= 2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ9N= ek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mvzf= u7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024YheWqo-= 2BFUMVZmAUSGGVpcyz7PD3abtLKmsBNEdgk-2BKtrZy4QyZeLd2mjmb3ViqvSEqDtNnVBWTdExD= yd-2FDeftwPeF8wRbNyD8l0F0SRbmuPrF9fbaY8muHMxb9eGdLW7CVvPkFsMY-2B2NQeQa8y87N= cGMVQZ7QwvnCmbPMeUmapcT-2BUuVrzRFUrAiz8uwKk0y6j6rjEJKf2AFiJbeqV9kkq8XnJ-2Ba= GeyTzTnD33L3CjCffAIQvhTvuY-2F-2F6xPNzX1Jl5Uk1u7o9O4h9U-2F1ta5B6hR" style=3D= "color: #1D5080;" test=3D"" universal=3D"true">here</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Answer= : B<br><br> About 62% of VC deal value in Europe so far = in 2026 has gone to AI-related startups. Almost one in four startups are no= w AI-related, but it's not consistent across the continent's regions and se= ctors. Read more about European AI funding <a href=3D"https://url6380.news.= pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv= snswouzUrenAeqA1-2F1aKL7hq9lcvPd706UODRjKu2Y7m4AX9M5w-3D-3DPUTs_Pr966knuaHm= aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklR= Cd9m2vnHR7S2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2= FQG6x-2BQ9Nek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuD= kC4wA52mvzfu7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcy= x024Yj-2BQ5Nw2Je0wot-2FOIUaJ5mKFmJFzA4mo7LIxHkFnvt8FOoOyi3msRaqP9sYV-2Bdw5x= 3MmXvwsOAxJOufb3xVaJNbavigBVZ3eoMo6CdeVSua70Du-2Bzmy-2BNYNlh5RG53ukxJL3SGsM= VPkxcwDmMWKZcb6E5BlnyK6AnbryiL-2BzArvfwoh7PrVQVothIftXieO3Nj8IIVI3qs-2FGlYn= Aga-2BD7iKeKI3oKD7TdYSe8tLM1zlwAmuz8nDLoHR2Wv8pAuQmthTPmsU4JLKwKO35Pen6U65"= style=3D"color: #1D5080;" test=3D"" universal=3D"true">here</a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Sign up for our newsletter</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">This e= dition of The Weekend Pitch was written by Emily Lai and Nadine Manske. It = was edited by Andrew Woodman and Michael Bruning.<br><br><em>Were you forwa= rded The Weekend Pitch? Sign up at <b><a href=3D"https://url6380.news.pitch= book.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUr= enAeqA1-2F1aKL7hq9lcvPgtjNXGny3VAjXgdUvfnsgA-3D-3DAMl5_Pr966knuaHmaw6c7pKvB= -2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRr5FsxkJ6fVVKV3YklRCd9m2vnHR= 7S2Q1d6cNb2WizIPO-2BdjTYtd-2BWYXlAEDduQiu2TyTOm2qhOTFkwhenn6X1Md-2FQG6x-2BQ= 9Nek8U0qrgbw-2Bi72jbsHJovwlRAQIn6hakCcUUkm-2BqFF52PvqaRyYCv6oplBuDkC4wA52mv= zfu7byU14ZsFq4u2wf5VrPqWvM4N4-2BojBYqmibbxMZY0rRUNSvEJGDEgwJ3qZBcyx024YgQpn= nrHacrWu-2FjoSSn1NpJxvc62mqhqdwFPrMjR0QCjT8WKaAFkiallNwLf-2Bsz2FiSGgyTH3R1D= VktgORiE0RlqayblAKmvTW376kUC23RAXlmpY-2F9wruZPAdrDpG2NWu-2FSm4iPohpjzEEdAZA= jbRilCN82PB5ssIu5yUHJLvJlsjNXXlEeLZRsz50gi2cREw9VrgjvTUyxkhKmAu20PglAb30dh3= -2F1DKuEId6csWwssgoXIx7r19JJTiS5mw1F3t6uUYeARzy-2FUMuI5NZinws" style=3D"col= or: #1D5080;" test=3D"">pitchbook.com/subscribe</a></b>.</em></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td> <table lang=3D"x-counts" cellpadding=3D"0" cellspacing=3D= "0" border=3D"0" width=3D"100%" style=3D"background-color: #051C38; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 5px; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-counts-title" cellpadding=3D"0" cell= spacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td align=3D"center" style=3D"font-family: Roboto,= Arial, sans-serif; font-weight: 700; font-size: 14px; line-height: 27px;= color: white; padding-top: 26px; padding-bottom: 37.3px; white-space: nowr= ap;">Since yesterday, the PitchBook Platform added:</td> </tr> <tr> <td> <table lang=3D"x-counts-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t= able-layout: fixed;"> <tbody> <tr> <td style=3D"display: inline-block; width: 33.= 3%; min-width: 33.3%; text-align: center; flo= at: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 10 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Deals </div></td> <td style=3D"display: inline-block; min-width:= 33.3%; width: 33.3%; text-alig= n: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 82 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; 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