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

FCA has announced that it will provide Alphabet’s self-driving subsidiary Waymo with thousands of Chrysler Pacifica Hybrid minivans  ahead of the launch of Waymo’s self-driving cab service in Arizona. American-Italian car giant had already sold Waymo 100 minivans  in mid-2016, and an additional 500 in 2017. The 600 FCA vans are currently being tested in Atlanta, San Francisco, […]

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Tesla’s driver assist system autopilot was again under the spotlight after a Model S electric car allegedly using the feature crashed into a fire engine in California on Tuesday. The crash was reported by the fire department in Culver City, near Los Angeles. The Tesla was allegedly travelling at 105 kmph on the Interstate 405 motorway, […]

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UK Prime Minister Theresa May outlined her vision for an United Kingdom leading the global conversation on Artificial Intelligence in a tech-focused speech in Davos. In her address at the World Economic Forum, May almost totally eluded the nagging issue of Brexit, instead deciding to reinvent herself as the standard-bearer of safe, ethical AI. May […]

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Artificial Intelligence and data science are sectors where British technology startups truly shine. Over 2017, UK AI companies managed to raise over £350 million, and played a key role in attracting foreign investment— looming Brexit notwithstanding. Thanks to  its reservoir of talent, from Cambridge and Oxford to Imperial College, Britain has established itself as Europe’s leader […]

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Emmanuel Macron’s visit to the UK may not have stopped Brexit, but it certainly strengthened Franco-British collaboration in the momentous field of Artificial Intelligence. Following the UK-France summit at the Royal Military Academy of Sandhurst, the two countries have agreed to move towards stronger integration in the the digital sector. An immediate result of the […]

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Entrepreneur First ( EF ), the British incubator that has made a name for itself by building tech startups from scratch, is planning to open a Berlin office as a part of its international expansion. The organisation, founded in 2011 by  Alice Bentinck and Matthew Clifford, creates companies by selecting individuals with a promising background and encouraging them […]

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One of the most excruciating consequences of Alzheimer’s disease is that patients lose their memory, failing to remember the names of their loved ones, or just forgetting who they are altogether. A US startup is trying to make that problem less severe, with a blend of Augmented Reality and machine learning. New Jersey-based ThirdEye was among […]

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Artificial intelligence, voice-controlled devices and super-fast 5G Internet took centre stage at CES 2018, the mammoth technology get-together taking place in Las Vegas this week. While the event (originally called Consumer Electronics Show) has not been always spot-on when it comes to predicting the future of technology, it is still widely regarded as a trend-setting showcase, […]

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Let’s take stock of 2017. According to SHACK15 News’ investment counter, over the last twelve months Britain’s data science and Artificial Intelligence companies raised £360.486 million in funding. Money poured into AI and data science businesses made up about nine percent of total investment in British technology companies in 2017 — which, according to UKTN’s calculations, was slightly over £4.1 billion. […]

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In a Far Eastern version of the Waymo-Uber court battle, Chinese tech giant Baidu has sued a former executive for allegedly stealing trade secrets about self-driving technology, and leveraging them to launch a rival venture. According to Technode, Beijing-based Baidu— a major AI player many compare to Google’s parent company Alphabet—decided to launch the RMB 50 […]

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