Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million
News

Food delivery service app Deliveroo has announced with much pomp that it is doling out its equities to every member of its staff: 2,000 people are now going to get a small piece of the company’s shares— for an overall value of £10 million. “Our phenomenal growth and success has been made possible thanks to […]

Facebook’s CEO Mark Zuckerberg announced he does not have any plans to appear before the UK Parliament’s Digital, Culture, Media and Sport Committee to give evidence about the Cambridge Analytica scandal. The snub follows threats of an official summons, and a hearing given by Facebook’s CTO Mike Schroepfer, which the Committee found to be unsatisfactory. Following […]

Launching a company is no small feat. Running it, though, and hopefully steering it on a successful course, is even harder. While London is close to be the ideal place to be a startup founders, even the best have to come to grips with challenges and work hard to reach important milestones. What are the […]

Driverless car company Drive.ai is planning to field its vehicles in Frisco, Texas, in the framework of a self-driving ride-hailing service similar to the one Waymo is kicking off in Arizona. The company, founded in 2015 by a bunch of former Stanford Artificial Intelligence researchers—Brody Huval, Carol Reiley, Fred Rosenzweig, Joel Pazhayampallil, Sameep Tandon, Tao […]

Welsh police has come under fire after it emerged it used faulty face-recognition technology to spot criminals during the 2017 Champions League final. Over 2,000 people were mistakenly flagged up as criminals, The Guardian found. Law enforcers in South Wales started trialling face-recognition tools in June 2017: the technology scanned the face of passersby and […]

The movies Netflix recommends, the advertisement we are shown after a Google search, the random song Spotify plays next. Most of these things are automatically “decided” by algorithms, and we know that. But have you ever stopped to think what is the rationale behind those choices— why Netflix’s algorithm went for Moonrise Kingdom instead of […]

The UK’s Parliamentary Committee for Digital Culture Media and Sports has asked for the last time that Facebook CEO Mark Zuckerberg come voluntarily to give evidence about the Cambridge Analytica’s scandal. Failing that, Zuckerberg will received a formal summons to appear, which would legally force him to go before the committee as soon as he […]

Britain’s government has earmarked £300 million in funding to invest in Artificial Intelligence research, with the aim of making the UK a global leader in the field. More than fifty companies and organisations rallied behind the plan to develop a £1 billion deal, which was later revealed by   business secretary Greg Clark and digital […]

In 2017, Silicon Valley investment in UK startups surpassed the £1 billion threshold for the first time ever, according to a report by British law firm Penningtons Manches. According to the report, West Coast investors partook in 74 deals with British tech companies last year— for a combined value of £1.08 billion ; the increase in […]

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