DeepMind is owned by Google and Spotify may not exist in five years due to increased pressure from other streaming platforms like Apple. Spotify is in a make or break phase right now.
DeepMind is a European start-up purchased by Google. The fact that America allows successful firms to grow into economy-dominating megacorps isn't really an argument that Europe somehow prevents the creation of wealth and businesses when you account for the fact that Europe actually enforces competition laws.