
European Startups Target Data-Centre Power Crunch Amid AI Boom
Innovative solutions from European startups aim to curb soaring data-centre electricity demand driven by the rapid expansion of AI infrastructure.
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Latest business news, analysis and developments related to Artificial Intelligence, with a focus on Europe, Latin America and cross-Atlantic business.
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Innovative solutions from European startups aim to curb soaring data-centre electricity demand driven by the rapid expansion of AI infrastructure.

London-based Big Picture Bio has secured €2.55 million to develop AI-designed cancer drug combinations, aiming to address resistance in cancer treatment and accelerate drug discovery.

The MeOut Summit 2026 in Budapest will address barriers facing women founders in Central and Eastern Europe, aiming to boost diversity in the region’s innovation ecosystem.

European startups are moving beyond AI hype, driving practical implementation that is set to reshape business and technology ties with Latin America.

The Vilnius-based legal technology startup secured a seed round led by Vendep Capital, with participation from FIRSTPICK. The company will expand its platform and accelerate commercial growth in the United States, which accounts for most of its prospective business.

European-domiciled funds focused on Latin America have attracted approximately €3.1 billion in net inflows during 2026, reversing years of withdrawals. Rising oil and copper prices, lower valuations and the region’s relative distance from major geopolitical conflicts have strengthened demand, although commodity dependence, market concentration and political uncertainty remain significant risks.

Meta Platforms Inc. has held a non-deal roadshow with European bond investors, highlighting its push to tap global debt markets for AI-related funding.

Meta's acquisition of Stockholm-based Stilla, just eight months after launch, underscores the accelerating consolidation in the AI sector as tech giants move to secure competitive advantages.

Biorsaf’s €5.2 million funding round and acquisition of Cooki mark a major step in deploying AI to improve food safety compliance in Italy’s fragmented sector.

The regional government will hold the third edition of the investment event from 28 to 30 September. Its programme will extend beyond the Spanish capital to present business opportunities in data centres, artificial intelligence, healthcare and security-related industries.

Private equity fund Silver Lake will merge French firms Cegid and Silae in a €10 billion deal, aiming to expand AI-driven software solutions and reshape Europe's business software landscape.

The Samsung-led Series D is the largest equity fundraising announced by a European technology company. Mistral will use the capital to develop artificial intelligence models, expand its computing infrastructure and build an enterprise platform capable of competing with larger US providers.

The undisclosed investment will support tailored credit products for drivers and couriers, beginning in Mexico before expanding to Chile and Colombia in early 2027. The partnership could lower one of the main barriers to joining the platform economy, but the companies have not disclosed loan costs, eligibility criteria or how worker data will be used.

The industrial technology company combines connected sensors, artificial intelligence and engineering services to anticipate equipment failures. Its subscription model offers manufacturers an alternative to purchasing and managing separate monitoring systems.

The service begins with fewer than 20 vehicles and no additional charge for passengers. The launch brings Wayve’s technology onto Uber’s London network, while fully driverless operations remain a subsequent step requiring further approvals.

The in-app assistant combines spending analysis, card controls, investment information and travel planning. Its arrival in Spain extends the rollout of a service introduced in the United Kingdom in April and adds a conversational interface to Revolut’s financial platform.

The Canadian software group has acquired the French developer of artificial intelligence systems that detect birds and bats around wind turbines. Financial terms were not disclosed, while founder Henri-Pierre Roche will remain chief executive and continue leading the company.

The three services exceeded the threshold of 45 million monthly users in the European Union, triggering additional obligations under the Digital Services Act. ChatGPT will be regulated as a very large online search engine, while Reddit and Roblox have been classified as very large online platforms.

The Oslo-listed company’s eighth and largest acquisition will add a profitable solar services business, extend its reach across 15 European markets and bring more than 250,000 installations within range of its Endurance AI platform.

The German robotics company is buying 100% of autonomous cleaning specialist Adlatus and plans to connect its machines to the Neuraverse, weeks after another acquisition from Bosch Rexroth. The strategy points to a broader ambition: building shared AI infrastructure for robots operating in the physical world.

Investors poured more than $700 million into fintech companies worldwide over the past week, with France’s Ingenico securing €150 million and AI accounting platform Rillet.

The ECB president says the three pillars that supported Europe’s post-war economic expansion are weakening simultaneously, while fragmented markets threaten the continent’s ability to compete in artificial intelligence and retain fast-growing companies.

The Swiss company uses artificial intelligence to interpret plant biosignals and turn them into actionable information for growers. Already operating in more than 25 countries, Vivent Biosignals is expanding into Argentina as agriculture becomes a new frontier for real-time biological data and AI.

The ECB president says Europe risks repeating the mistakes of the first digital revolution as the United States and China race ahead in artificial intelligence. Fragmented markets, limited access to capital and difficulties scaling companies are emerging as critical weaknesses for the EU economy.

Self Inspection has raised approximately €8.6 million to expand its AI-powered vehicle inspection technology across North America and Europe. The company, co-founded by Bulgarian entrepreneur Vince Gaydarzhiev, has already processed more than one million inspections and counts Stellantis Financial Services among its enterprise customers.

Copper prices remain close to historic levels as inventories registered with the London Metal Exchange fall sharply and buyers pay increasingly large premiums for immediate delivery. The squeeze highlights growing concerns over global supply at a time when the US, China, electrification and AI infrastructure are competing for the same strategic metal.

Latin America enters the transition with mature instant-payment and tokenisation infrastructure, while Europe faces a different challenge: reconciling autonomous transactions with a sophisticated regulatory framework designed for human-initiated payments.

The Stockholm-based “vibe coding” startup has secured one of Europe’s largest technology funding rounds of 2026. The deal more than doubles its valuation in just months and brings the EU-backed Scaleup Europe Fund into the company’s investor base, strengthening Europe’s effort to finance global technology champions without forcing them to relocate to the United States.

The findings add a new dimension to Europe's AI debate: the technology may transform the labour market not only through job creation or displacement, but also through slower wage growth in occupations where software can perform a larger share of existing tasks.

Latin American startups attracted approximately €3.5 billion in venture capital in 2025, while Europe offers access to a single market of around 450 million consumers, specialised investors and an increasingly ambitious innovation agenda.