17 European deeptech startups to watch, according to top VCs — TFN

• U.S. AI startups including OpenAI and Anthropic are facing scrutiny over the methods they use to calculate annualized revenue. • The companies are applying different accounting standards to their revenue claims as they prepare for initial public offerings.

• Southeast Asian nations are navigating the artificial intelligence competition between the United States and China to maximize their own economic and technological gains. • Thailand reportedly paused 166 data center projects on September 4 to establish stricter rules regarding resource use and economic benefits.

• A University of Surrey expert warned that rushing to replace human workers and granting artificial intelligence access to critical systems could cause serious harm. • The warning comes as a recent industry resignation has renewed global calls for international oversight of AI development.

• Thirty-three cybersecurity-related merger and acquisition deals were announced by companies in August 2026. • The deals involved major companies such as Brinqa, Cribl, Echo, Fortinet, Kiteworks, Palo Alto Networks, and Visa, indicating a trend of consolidation in the cybersecurity industry.

• Google is investing €13 billion in a European data center hub, specifically in Finland, to build out its infrastructure. • The investment will be used to develop digital and energy infrastructure, showcasing Google's commitment to expanding its presence in the region.

• Mark Zuckerberg and Bill Gates shared their views on AI in August 2026, with Zuckerberg being hopeful and Gates being cautionary. • The views of these CEOs were part of several manifestos and editorials published in August, highlighting the ongoing debate about AI's impact.

• Google, a subsidiary of Alphabet Inc, announced on September 09, 2026, that it will invest at least €13 billion in artificial intelligence in Finland. • The investment, which is Google's largest in Europe, amounts to $15.1 billion when converted to US dollars.

• Balderton Capital made latest moves in September 2026, affecting founders and high-growth startup opportunities in Europe, particularly in areas like fintech, cybersecurity, and mobility. • The firm's portfolio includes companies such as Revolut, MySQL, and Darktrace, and its investment in The Exploration Company indicates a shift beyond a narrow software-only focus.

• Google announced it will invest at least €13 billion in Finland for digital infrastructure, including data centres to support artificial intelligence. • The investment also includes funding for clean energy projects and community development initiatives, such as dedicated nature and community funds.

• Samsung led a €3 billion funding round for Mistral, a prominent European artificial intelligence startup. • The company will integrate Mistral's AI models into its chip operations to improve production yields.

• Google will invest at least 13 billion euros in artificial intelligence infrastructure in Finland throughout 2027 and 2028. • This project represents the company's largest investment in Europe to date.

• Liberty Global agreed to sell the tower assets of its Dutch subsidiary, VodafoneZiggo, to a joint venture owned by DigitalBridge, TD Greystone Infrastructure, and L&G. • The transaction is valued at €669 million ($779 million).