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

British Prime Minister Theresa May announced a £56 million ($ 72.8 million) investment for battery storage technology in South Africa during her visit to the country. The investment will support South Africa’s efforts to reduce carbon emissions by increasing the use of renewable energy technologies. May landed in Cape Town on Tuesday, and after visiting […]

A new artificial intelligence (AI) program is getting closer to reproduce the process of fusion that powers the sun, according to new research from Princeton Plasma Physics Laboratory (PPPL). The project, named “Accelerated Deep Learning Discovery in Fusion Energy Science”, is being developed by PPPL together with the US Department of Energy (DOE). Fusion works […]

A new artificial intelligence (AI) program is now able to detect tiny specs of lung cancer in CT scans with an accuracy rate of 95 per cent, according to new research from the University of Central Florida (UCF). Scientists who worked on the program said the human eye is able to detect only 65% of specs […]

Catherine Wood, Chief Investment Officer of ARK Invest, wrote an open letter to Musk on Wednesday asking him not to take Tesla private. The Tesla shareholder said that by doing so, Elon Musk would “deprive a broad and loyal investor base of one of the most important investment opportunities of their lifetimes”. According to ARK […]

Vingroup, Vietnam’s biggest real estate and retail conglomerate, is planning to expand into artificial intelligence, software and big data, they announced today. The company signed an agreement with the country’s top 50 universities to provide them with funding for science & technology projects and co-operate with them on training and education. Vingroup also plan to […]

The European Union is considering fines for tech companies that don’t remove terrorist content from their platform within an hour, The Financial Times reported on Sunday. The EU has “not seen enough progress” on the removal of terrorist material from technology companies, Julian King, the EU’s commissioner for security, told the FT. It is now time […]

Marks and Spencer (M&S) is replacing its call centre staff with artificial intelligence (AI) software designed to deal more efficiently with customer complaints. The program will take the place of human operators, and will re-direct customers to the correct department. People calling about the availability of products, for example, will be transferred to a specialist […]

Elon Musk’s tweet is being investigated after he said he was considering taking Tesla private last week. The Securities and Exchange Commission (SEC) – US’s top financial watchdog – reportedly sent subpoenas to Tesla regarding his CEO’s plans to take the company private, after Musk’s tweet claimed he had ‘secured’ the financing for such a pricey […]

A new artificial intelligence (AI) system can now identify 50 different types of eye conditions as accurately as a doctor, according to a new research published on Nature Medicine’s website. Developed by Deepmind, one of Google’s AI companies, the system is the result of the research partnership with Moorfields Eye Hospital in London over the […]

The UK Government has pledged £780 million to support innovation and new technologies on Friday. The funding will be distributed across eight Catapult centres around the country, focusing on various technologies, including a hybrid manufacturing process that combines 3D printing and computer controlled machining, clean tech and the development of gene therapy techniques to cure […]

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