Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 258.765 Million
algorithms

London-based Finimize, a startup aimed at helping young people make sense of finance, has secured £450,000 in a seed funding round led by Passion Capital. Founded in 2015 by Max Rofagha and Scott Tindle, Finimize started off as a newsletter explaining financial news to millennials in a clear and accessible language. The idea was a discrete success, and […]

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The movies Netflix recommends, the advertisement we are shown after a Google search, the random song Spotify plays next. Most of these things are automatically “decided” by algorithms, and we know that. But have you ever stopped to think what is the rationale behind those choices— why Netflix’s algorithm went for Moonrise Kingdom instead of […]

"HAL, could you please explain me why you didn't open the pod bay doors?" (image via bit.ly/2bBOt8P)
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Google DeepMind has created a program able to navigate the London Underground by combining deep learning and a computerised short-term memory. The London-based company published a paper on Nature detailing the invention of a “differentiable neural computer” (DNC), a system that overcomes the limitations of standard neural networks. Neural networks are algorithms—modelled after biological neurons—which are […]

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British MPs have demanded that the government come to grips with the rise of Artificial Intelligence, whose impact on society and jobs is poised to be too relevant not to deal with. A parliamentary report from Westminster’s Science and Technology Committee calls for the creation of a government-backed commission assessing the consequences of AI, and in […]

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