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

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 […]

  The House of Lords’ Select Committee on Artificial Intelligence has recommended that the government take on big technology companies (specifically the US quintet of Amazon, Alphabet, Google, Microsoft, Twitter and Facebook) and stop them from monopolising the control of data. The Committee’s latest report also urged action against algorithmic bias, which is known to […]

Russia has blocked access to encrypted messaging app Telegram across the country, the BBC reports. The company, founded by Russian entrepreneur Pavel Durov, has been under increased pressure from Russian authorities, as it refuses to disclose its users data— which Russia demands to access for security and counterterrorism reasons. Recently, Russia’s Supreme Court ordered that […]

Uber’s CEO still believes that self-driving cars have a bright future ahead, regardless of the deadly  accident that, last month, cast a pall on the company’s  driverless tech programme. According to Reuters Uber’s top executive Dara Khosrowshahi was speaking at a transport-focused event when he declared that the company he helms was still a believer […]

Over thirty percent of workers in London could be replaced by automation over the next two decades, a new report found. A new study conducted jointly by the Centre for London and the consultancy EY found that robots could be bound to take an increasingly large share of hobs in the capital. The ever-looming Brexit was mentioned […]

Kai-Fu Lee, Google’s former chief of operations in China and an AI-focused investor, has launched a school aimed at fostering AI talent in China— by the tune of a thousand new AI experts every year. Lee announced the new venture this week, in a speech he gave at Peking University before 100 professors from Chinese schools […]

Thousands of employees of Silicon Valley tech giant Google have penned an angry letter asking the company to interrupt its collaboration with the United States Department of Defence. Last year, it emerged that Google was involved in the so-called “Project Maven“— a joint effort to develop image-recognition software for military drones. Google’s computer vision algorithms were trained with million […]

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