Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 90.060 Million
News

Update: On May 25, AlphaGo beat Ke Jie again in the second of two games. Things are looking bad for human Go players.  DeepMind’s AI AlphaGo has beaten the Chinese world champion Ke Jie in the strategic board game Go, winning the first of three planned games. The algorithm, which makes use of 12 layers of neural […]

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The European Commissioner for Competition has fined Facebook £94 million over its 2014 WhatsApp takeover. Margrethe Vestager found that the social network giant gave “incorrect or misleading information” regarding how it intended to use the data owned by the messaging app. When Facebook acquired WhatsApp three years ago, it had officially ensured that there was […]

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Alphabet is bringing Artificial Intelligence to smartphones. Right now, most of the tech giant’s AI power is only accessible to users who can get an Internet connection and tap into the cloud; the next step, Google announced at its event I/O, is embedding  those capabilities directly in their handsets. Google’s current machine learning framework, Tensor Flow, was […]

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Alphabet-owned artificial intelligence laboratory DeepMind has accessed the personal records of 1.6 million UK patients in a way the NHS’s senior data protection adviser has labelled “legally inappropriate.” According to Sky News, Britain’s National Data Guardian Fiona Caldicott flagged up in a letter to the Royal Free NHS Trust how sharing sensitive patient data with […]

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The merger between food delivery company Just East and rival platform Hungryhouse is under an “in-depth” investigation from pro-competition authorities. London-based Just Eat announced its intention to acquire the smaller company—owned by German firm Delivery Hero—in December 2016 for £200 million, plus £40 millions depending on performance targets. The UK’s Competition and Markets Authority (CMA) —a governmental […]

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Robots threaten to steal almost fifty percent of Scottish jobs in about a decade, a new report suggests. According to the Institute for Public Policy Research (IPPR )Scotland, 1.2 million jobs —about 46 percent of the country’s total— are likely to be automated by 2030. The think tank recommended that adult workers go through more training and […]

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Raspberry Pi and Alphabet have teamed up to bring Artificial Intelligence capabilities to the matchbox-sized computer. Google’s new initiative, called “Artificial Intelligence Yourself” or AIY (a pun referring  to Raspberry Pi’s popularity with DIY enthusiasts) , will add natural language processing features to Raspberry Pi 3, thanks to a “Voice HAT” (Hardware Accessory on Top) add-on, […]

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The Royal Society has published a 125-page report on machine learning, urging the government to invest in the technology and to foster its applications by making even larger datasets open and available to researchers and businesses. The London-based science organisation engaged in dialogues with experts, investors and the general public —whose attitudes towards machine learning was […]

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A London-based hedge fund controlling $28.8 billion (£22.5 billion) of assets is looking into machine learning, Business Insider reports. Man GLG, a fund founded in 1995 and now active in eight countries, has inaugurated the new position of “head of machine learning”, who will be in charge of scaling up the company’s machine learning firepower— with particular […]

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London Uber users could be in for a fare hike as the capital’s transport authority is pondering to increase the company’s operating licence from £2.800 to  £2 million over five years. Transport for London (TfL) is reassessing its rules on licensing for minicab operators: right now, every company in London pays the same fee regardless of […]

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