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

Adrien Coulet, lecturer at the Université de Lorraine and researchers from Stanford University have created an algorithm to predict the need to prescribe a reduced dose of medication for a patient rather than a standard dose. The research, which was published on the scientific journal Nature, is based on an existing automatic learning method called “Random […]

Online food ordering and delivery service Swiggy has acqui-hired Kint.io, a start-up which specialises in applying deep learning and computer vision for object recognition in videos, the company revealed on Monday. The acquisition, which amount has not been disclosed, will aim for Swiggy to increase their artificial intelligence (AI) and machine learning capabilities. Specifically,  The Bengaluru-based AI […]

Neuroengineers from Columbia University have created a system able to translate thought into recognisable, intelligible speech. By monitoring a person’s brain activity, the technology can rebuild the words a person hears with unmatched clarity. This new technology is powered by a mix of speech synthesizers and artificial intelligence and could lead to new ways for computers […]

Scientists from the Institute for Computational Sustainability (ICS) at Cornell University have developed a deep learning model able to correct location biases in citizen science. The model has been trained on data from the Cornell Lab of Ornithology’s eBird, which collects more than 100 million bird sightings submitted annually by birdwatchers worldwide. Citizen science is […]

Tokyo-based financial services giant SBI Holdings is considering an investment in British identity start-up Onfido, The Sunday Telegraph revealed yesterday. According to the paper, this would be the first time for a UK company to receive funding from SBI’s new artificial intelligence (AI) and blockchain division. SBI, which is a spin-off from technology investing powerhouse Softbank Group, has […]

UK Health Secretary Matt Hancock has warned social media companies they could face a ban if they fail to promptly remove self-harm and suicide content. Speaking on the BBC’s Andrew Marr show on Sunday, Hancock said: “If we think they need to do things they are refusing to do, then we can, and we must […]

Matt Hancock speaking at the Blockchain Partnership event that was held at the Digital Catapult Centre, London, on Tuesday 26 April 2016.

Google has granted Wikipedia an additional $3.1 million investment, as well as given the foundation several of its machine learning tools to use for free, the company announced at the World Economic Forum on Tuesday. Roughly a third of those funds will support current projects at the Wikimedia Foundation, the non-profit behind Wikipedia, and the […]

London-based start-up Flexciton has raised £2.5 million in a funding round led by Backed VC, TechCrunch reported today. The company is using AI to help factories optimise production lines, and pitched at EF’s 6th London demo day in 2016. Flexciton AI solutions optimise the way manufacturers plan and schedule “multi-step production lines” and reduce much of the […]

Facebook will donate $7.5 million for the creation of The Institute for Ethics in Artificial Intelligence, the company revealed. The announcement was made yesterday during a speech by COO Sheryl Sandberg at the Digital Life Design (DLD) conference in Munich, Germany. The new centre, which Facebook will fund over the course of five years, will investigate […]

Machine learning company Seldon has secured £2.7m in Seed round led by Amadeus Capital Partners, the company announced on Wednesday. Among other investors are Global Brain Corporation, a large Japanese deep technology venture capital investment firm with global presence in Tokyo, London, Seoul, Singapore and San Francisco, and Techstars, who have been supporting Seldon since […]

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