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

Driverless car company Drive.ai is planning to field its vehicles in Frisco, Texas, in the framework of a self-driving ride-hailing service similar to the one Waymo is kicking off in Arizona. The company, founded in 2015 by a bunch of former Stanford Artificial Intelligence researchers—Brody Huval, Carol Reiley, Fred Rosenzweig, Joel Pazhayampallil, Sameep Tandon, Tao […]

Welsh police has come under fire after it emerged it used faulty face-recognition technology to spot criminals during the 2017 Champions League final. Over 2,000 people were mistakenly flagged up as criminals, The Guardian found. Law enforcers in South Wales started trialling face-recognition tools in June 2017: the technology scanned the face of passersby and […]

The movies Netflix recommends, the advertisement we are shown after a Google search, the random song Spotify plays next. Most of these things are automatically “decided” by algorithms, and we know that. But have you ever stopped to think what is the rationale behind those choices— why Netflix’s algorithm went for Moonrise Kingdom instead of […]

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 […]

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