Good news from around Europe
Beyond the EV hype: Why the used-car industry is Europe’s untapped asset Powered by WPeMatico https://sifted.eu/articles/the-used-car-industry-is-europes-untapped-asset-brnd/
VCs will make billions on Anthropic’s IPO, but Amazon is set to make much (much) more Massive note conversions reveal the true extent of Amazon’s ownership in Anthropic. Powered by WPeMatico https://techcrunch.com/2026/10/27/vcs-will-make-billions-on-anthropics-ipo-but-amazon-is-set-to-make-much-much-more/
Parents sue OpenAI, alleging GPT-4o coached their daughter off seizure medication A family is suing OpenAI, saying ChatGPT coached their daughter to quietly taper off her seizure medication and keep it from her doctors before she died in February. Powered by WPeMatico https://techcrunch.com/2026/10/27/parents-sue-openai-alleging-gpt-4o-coached-their-daughter-off-seizure-medication/
The data center boom has an upside: innovation for the US grid As the AI boom stresses the existing power grid, all sorts of new opportunities for grid modernization are also emerging as a result, industry insiders say. Powered by WPeMatico https://techcrunch.com/2026/10/27/the-data-center-boom-has-an-upside-innovation-for-the-us-grid/
Guidewire buys Hyperexponential for $1.7B in cash The deal, expected to close sometime next year, is to help bring AI agents to work alongside humans to underwrite, analyze, and price decisions. Powered by WPeMatico https://techcrunch.com/2026/10/27/guidewire-buys-hyperexponential-for-1-7b-in-cash/
From 8VC to Benchmark, here’s what’s hiding in October SEC filings A whole crop of venture capital firms are raising significant new funds. Powered by WPeMatico https://techcrunch.com/2026/10/27/from-8vc-to-benchmark-heres-whats-hiding-in-october-sec-filings/
Anthropic says may compete with application layer startups from “time to time” in “select categories” Anthropic today offered hope to European AI application layer startups, saying that its primary focus was on being a foundation AI model company, but that it may compete with application startups “from time to time” in
UK government launches AI Biosecurity Lab to tackle emerging biological threats As part of the UK’s National AI Biosecurity Initiative, the government is establishing the AI Biosecurity Lab (AIBL). The AI Biosecurity Lab will be the world’s first dedicated AI biosecurity organisation. Backed by £100 million of government funding, and
Europe’s biggest seed rounds of Q3 2026: Top tech startups to watch The Tech.eu Q3 2026 Report reveals that European tech companies raised €27.8 billion across 732 deals during the third quarter of 2026, up from €21 billion in Q3 2025 and €11 billion in Q3 2024. The UK led
Venture Kick backs CHD with €160K to advance remote pregnancy monitoring Medtech startup CHD (Connected Health Development) has received approximately €160,000 (CHF 150,000) from Venture Kick to develop its digital solutions for remote maternal and fetal monitoring. The company’s technology is designed to help healthcare professionals monitor high-risk pregnancies outside