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

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 […]

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, […]

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. […]

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 […]

Ke Jie, the Go champion who pledged never to challenge an Artificial Intelligence again after being trounced by DeepMind’s AlphaGo, is going to play against a machine once more. World’s No. 1 Ke is reportedly going to pit its talent against a number of Go-playing AIs in a series of man-vs-computer encounters to be held in […]

Apple may not be front and centre in the race to create driverless cars, but its fabled plans for autonomous vehicles are not to be discounted either. The tech giant has just applied for a new patent for self-driving technology. The document, published on Thursday, offers a compelling glimpse on how Apple thinks self-driving cars could move around […]

The European Court of Justice (ECJ) has found that cab-hailing service Uber should be classified as a transport business— and not a digital company— under EU regulation. The ruling  might prove to be a crushing blow to the San Francisco-based company, which had argued it should be regarded as a mere technological middleman between drivers and possible passengers— a status that […]

China is making it  harder for foreign companies to test driverless vehicles on the country’s roads, as authorities fear that self-driving cars could be collecting information and images for espionage. While on-road testing is not yet allowed in China, new regulation expected to come out early next year is expected to include such restrictions. The Financial […]

UPDATE: Ars Technica reports that on Thursday, following the backlash, SPCA decided to stop using Knightscope robots. A charity took flak after using bulky security robots to keep homeless people away from its animal shelter in San Francisco. Knightscope security automata have been around since 2013 and are a familiar presence in Silicon Valley and elsewhere. Earlier this year, the […]

Microsoft has announced a $50 million (£37.56 million) investment in AI for Earth— its programme to use artificial intelligence to pursue   sustainability and humanitarian goals. The tech giant launched the initiative — with an initial investment of $2 million (£1.5 million)— in summer 2017. Since then, the project has doled out grants to 35 companies […]

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