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

The social-media giant announced yesterday it removed 32 pages and accounts from its main Facebook service and Instagram after noticing “coordinated inauthentic behaviour”. The move comes in order to prevent meddling in the upcoming US mid-term elections in November, and it has been reported that the removed accounts could be linked to the Internet Research Agency […]

Artificial Intelligence (AI) robots will help to shape China’s foreign policy, the South China Morning Post heard yesterday. Built by the Chinese Academy of Sciences and inspired by the ability of AI to excel in strategic games, a prototype of this machine is already being used by Chinese policymakers.  The AI robot would be able […]

Investments in AI, machine learning and robotic process automation (RPA) technology are set to reach $232 billion (roughly £176 billion) by 2025, a new report from KPMG has shown. The study suggests that, although AI technologies currently account for $12.4 billion (around £9.40 billion) of global investment, this number will skyrocket in the next three […]

Alphabet’ s self-driving division Waymo is going  to buy 62,000 minivans from Fiat Chrysler Automobiles (FCA) for its driverless fleet. According to the Wall Street Journal, which quotes undisclosed sources, the value of the deal could add up to over $2 billion. The move has been construed as the first step Fiat and Waymo are […]

The UK government has announced new provisional laws for drone operators, coming into force at the end of July, establishing new limitations to how they can use their aircraft— a maximum of 121 metres in height— and forbidding drones from being flown within one kilometre of an airport. Another rule requires that owners of drones weighing […]

Korean tech giant Samsung is planning to launch an Artificial Intelligence research centre in Cambridge . The Samsung AI Centre is going to be chaired by Professor Andrew Blake, an AI expert and former director of Microsoft’s Cambridge Laboratory. In a statement, Samsung said it was considering whether expanding its R&D staff across Britain, possibly […]

British hospitals are planning to use Artificial Intelligence technology to bring more efficiency to their services. A new partnership between the University College London Hospitals and the London-based Alan Turing Institute aims at substituting doctors with AI algorithms in some specific scenario. For instance, the plan intends to put AI in charge of detecting cancer […]

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 […]

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