Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 343.535 Million
News

Fiat Chrysler Automobile — the Italian-American carmaker also known as FCA— is teaming up with Intel to develop an “autonomous driving platform”, namely self-driving car technology. The partnership also includes FCA’s German competitor BMW and self-driving tech company Mobileye, which Intel acquired last March.  The group’s goal is kick-starting on-road tests for 40 driverless vehicles by the end 2017. FCA is […]

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A bot trained by Elon Musk-backed OpenAI has beaten one of the world’ best players at online videogame Dota 2, during e-sports tournament The International. The machine learning bot had been trained simply by pitting one Artificial Intelligence against another, and letting them play for weeks on end until they mastered the game. During the tournament, hosted […]

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London-based Artificial Intelligence (AI) company BenevolentAI has announced the expansion of its business to the United States, after snapping up two major AI experts from the tech sector and academia. Founded in 2013 and based near King’s Cross, the company is using AI to drive scientific progress forward. BenevolentAI’s machine learning algorithms have been trained to scour millions of research publications, […]

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Electric carmaker Tesla is planning to create electric trucks able to drive themselves and to coordinate with other vehicles  to move in formation, Reuters reports. That transpired from email conversations between the company led by global-moonshooter-in-chief Elon Musk and the Nevada Department of Motor Vehicles (DMV). “Our primary goal is the ability to operate our prototype […]

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The public is not ready to board on self-flying airplanes, a survey by bank UBS revealed. It is widely believed that pilotless planes would be cheaper —some estimates project they would save airlines over $30 billion (£23 bln) a year in fuel, salaries and training— and recent technological advances could make them a reality sooner than expected. […]

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Alphabet-owned Artificial Intelligence laboratory DeepMind is bankrolling NHS research, Business Insider has revealed. The London-based company has provided Moorfields Eye Hospital’s trust with £110,000 in funding since July 2016— when the two organisations kick-started a partnership to test DeepMind’s new technology to diagnose eye diseases. The collaboration had already sparked controversy, as over one million patient […]

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Apple has offered further hints about its plans for Artificial Intelligence, and in particular for autonomous systems. After revealing last month, that it was indeed working on a driverless car programme, CEO Tim Cook has now expanded on his previous announcement, explaining how Apple wants to use AI for more than driving vehicles. “Autonomous systems can […]

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The Chinese government is upping its Artificial Intelligence game , after launching a massive investment plan in the technology. According to the MIT Technology Review, China’s State Council has announced a plan to build the national AI industry into a $150 billion behemoth, with the goal of making the country the world’s leader by 2030. According to […]

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Google has announced Developers Launchpad Studio, a new six-month programme to foster and support Artificial Intelligence and machine learning companies. Startups, from early to post-Series B stage, can apply by August 31, by submitting a 15-page pitch. Companies  accepted into the programme will receive assistance with product development and validation, networking opportunities with AI investment big shots, […]

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