Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 90.060 Million
ai

Update: On May 25, AlphaGo beat Ke Jie again in the second of two games. Things are looking bad for human Go players.  DeepMind’s AI AlphaGo has beaten the Chinese world champion Ke Jie in the strategic board game Go, winning the first of three planned games. The algorithm, which makes use of 12 layers of neural […]

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Alphabet is bringing Artificial Intelligence to smartphones. Right now, most of the tech giant’s AI power is only accessible to users who can get an Internet connection and tap into the cloud; the next step, Google announced at its event I/O, is embedding  those capabilities directly in their handsets. Google’s current machine learning framework, Tensor Flow, was […]

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Robots threaten to steal almost fifty percent of Scottish jobs in about a decade, a new report suggests. According to the Institute for Public Policy Research (IPPR )Scotland, 1.2 million jobs —about 46 percent of the country’s total— are likely to be automated by 2030. The think tank recommended that adult workers go through more training and […]

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Processor manufacturer Graphcore  revealed to have received an investment from multinational computer tech giant Dell, via its venture arm Dell Technologies Capital. Dell had already backed the Bristol-based startup in its £25 million Series A round in October 2016— together with corporate investors Bosch and Samsung and VC firms Amadeus, Foundation, Pitango, Draper Esprit and C4 […]

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Amazon is set to launch a new UK R&D centre in the university city of Cambridge. The new 5500 square-metre office will open in an office building next to Cambridge’s train station. The tech giant already runs  another research facility in the city centre, which—once the new office starts working— is going to start focussing […]

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Raspberry Pi and Alphabet have teamed up to bring Artificial Intelligence capabilities to the matchbox-sized computer. Google’s new initiative, called “Artificial Intelligence Yourself” or AIY (a pun referring  to Raspberry Pi’s popularity with DIY enthusiasts) , will add natural language processing features to Raspberry Pi 3, thanks to a “Voice HAT” (Hardware Accessory on Top) add-on, […]

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A London-based hedge fund controlling $28.8 billion (£22.5 billion) of assets is looking into machine learning, Business Insider reports. Man GLG, a fund founded in 1995 and now active in eight countries, has inaugurated the new position of “head of machine learning”, who will be in charge of scaling up the company’s machine learning firepower— with particular […]

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Delivery company Hermes has launched a partnership with self-driving buggies startup Starship Technologies to start delivering goods in London. The friendly-looking robots, able to autonomously navigate and deliver up to 10 kg of groceries, are already scurrying around on the pavements of Southwark, a borough in the British capital’s south. The test follows a previous trial Hermes and […]

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Artificial Intelligence, machine learning and robotics are still attracting investors to London despite Brexit fears, a new report reveals. The research, compiled by the founders of London Tech Week, highlights how London-based AI and machine learning companies have been able to secure a whopping £85.75 million in 2016, a twenty-fold increase from 2011’s investment levels. Over […]

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Facebook has announced to be working on a technology that could allow people to type by just thinking about something. The revelation emerged during the social network’s annual F8 conference in San Jose, last Wednesday. According to Recode, Regina Dugan, who is in charge of Facebook’s moonshot factory Building 8, asked,”What if you could type directly from your brain?” […]

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