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

Cancer care solutions company Varian Medical Systems have published plans for an artificial intelligence (AI)-driven multimodality adaptive radiotherapy treatment suite that incorporates all types of imaging (MR, PET, CT). During the Users Meeting at the 2018 American Society for Radiation Oncology (ASTRO) Annual Meeting on Sunday, the Palo Alto-based company explained how the AI-driven multimodality […]

For the first time in history, a robot has given evidence to a Parliamentary select committee on Tuesday, telling attendees that technology will not make humans obsolete in the future. Pepper, the resident robot from Middlesex University, was asked by chairman Robert Halfon to explain the artificial intelligence (AI) Careses project, focusing on independent living and aiming […]

David Wallerstein, Tencent’s chief exploration officer, has suggested European companies should focus on ethical applications of artificial intelligence (AI), leaving higher-risk ones to the US and China.   Speaking at a conference in Helsinki, The Telegraph reported, Wallerstein said he was encouraging the European Union to “embrace AI and deploy it in the areas that would […]

An algorithm that was being developed as a recruitment tool by online giant Amazon between 2014 and 2017 was sexist and had to be scrapped, Reuters reported. Amazon has been using automation substantially, as part of their e-commerce market strategy. The company’s experimental hiring tool used artificial intelligence to give job candidates scores based on […]

A philosopher has deconstructed the neural networks behind machine learning to show how humans process abstract learning. The research by Cameron Buckner, assistant professor of philosophy at the University of Houston and author of the paper published in the journal Synthese, is based on Deep Convolutional Neural Networks (DCNNs), which are shaped on the concept that […]

The Artificial Intelligence (AI) Market is expected to be worth more than $ 191 Billion (roughly £146 Billion) by 2024, with an annual growth of 37%, according to new data from Market Research Agency. The report takes into consideration the major players in the AI scene and global market trends with regards to data from 2015, estimates […]

London insurance technology start-up Concirrus today closed a further £5m fundraising effort from tech investor IQ Capital and EOS Venture Partners. The investment, which takes Concirrus total amount raised to date to £12m, comes after the company signed a global deal with Big Four accountancy firm EY last April, injecting machine learning tech into the […]

Artificial intelligence robots able to scans battlefields for hidden attackers have been successfully trialled by the British Army. Futuristic science developed at Dstl to give troops the edge in urban combat being tested at Contested Urban Environment trial #CUE18MTL pic.twitter.com/ksGKrdu885 — Dstl (@dstlmod) September 17, 2018 The new technology, developed by the Defence Science and […]

IBM is launching a tool that will analyse how and why algorithms make decisions in real time, the company revealed today. Our new trust and transparency capabilities for #AI can help businesses detect and mitigate bias. This is how: https://t.co/EPPGyd7vVN pic.twitter.com/40EIKPVJXj — IBM (@IBM) September 19, 2018 The program is being developed by the tech […]

Fei-Fei Li will be replaced at the end of the year as head of Google Cloud AI by Andrew Moore, Google announced on Monday. Li, a well-known expert in artificial intelligence, will return to her position as head of Stanford University’s AI department by the end of the year. In the blog post where the […]

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