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

Rogue Artificial Intelligences can be concocted by fiddling with training data, scientists have found. A group of researchers from the New York University have discovered that manipulating the datasets used to train neural networks may result in  the creation of malicious AI systems. At the core of this issue, the researchers say, is the fact that a growing […]

Sherpa, a UK-based startup that uses Artificial Intelligence to provide price comparison for insurance products, has raised £1.79 million ($2.3 million) in Seed from InsurTech.VC, alongside several angel investors. The company leverages the power of AI to build a tailored risk profile for each user, and keep them updated regarding changes in risk and in the cost […]

When it comes to smart personal assistant, Facebook is still small fry: in a scene dominated by voice-powered heavyweights such Amazon Alexa and Google Assistant, you might be forgiven for not knowing that the Menlo Park-based company also has its own virtual helper programme. Called M, the Artificial Intelligence bot is built on top of […]

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 […]

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, […]

Callsign, a platform using AI to provide authentication, has closed a £26.8 million Series A round led by Accel and PTB Ventures, and backed by Allegis Capital and NightDragon Security. The company had previously raised a Seed round for an undisclosed amount in September 2016. Founded in 2012, Callsign has created a deep learning platform called […]

Apple has inaugurated an online journal where its engineers can publish their research on machine learning. “Here, you can read posts written by Apple engineers about their work using machine learning technologies to help build innovative products for millions of people around the world,” the new website’s homepage reads. The first featured study  had already been partially […]

The House of Lords’ Select Committee on AI has put out a “call for evidence” on the implications of artificial intelligence— from an economic, ethical, and social point of view. The Committee, which was appointed on 29 June, wants companies and individuals to come forward and provide insights on several questions related to the rise of […]

Darktrace, the Cambridge-based company applying AI to cybersecurity, has raised  £58 million ($75m) in a Series D round led by Insight Venture Partners, and backed by existing investors Summit Partners, KKR, and TenEleven Ventures. The round brings the company’s valuation up to £640 million ($825m.) The company, a brainchild  of Cambridge researchers, uses machine learning to detect cyberthreats […]

Facebook’s autonomous drone Aquila has successfully completed its second test flight, bringing the Menlo Park company closer to its goal of using unmanned aircraft to provide internet connection to far-flung corners of the world. Solar-powered Aquila carried out its second trial on May 22, almost twelve months after the previous test, and managed to land smoothly— a […]

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