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

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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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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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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DeepMind’s AI-powered Go player AlphaGo will challenge the world champion of the ancient strategy board game during a summit in China later this year. Last year, the Google-owned London-based Artificial Intelligence lab made headlines after AlphaGo’s triumphed over professional player Lee Sedol in a five-game Go match. Now, the AI powerhouse announced a new partnership with China Go […]

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PwC has released a report called “Will robots steal our jobs?” It’s not the first report on the subject and it certainly won’t be the last. But coming from the world’s second-largest professional services firm, it deserves attention. (Disclosure: PwC is an occasional client of mine.) As you’d expect, the report offers a thorough and […]

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London-based VC firm Octopus Ventures has raised a fresh tranche of £120 million to invest in British Artificial Intelligence startups. Founded in 2007, the firm has famously backed some of the UK’s most accomplished AI startups, including Swiftkey, Magic Pony and Evi Technologies— which went on to be acquired by Microsoft, Twitter and Amazon respectively. (Evi’s tech […]

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What is the impact of an earthquake in Japan on the price of coal in China? How are terrorist attacks affecting the supply chain of petrochemical products? Can we read the world to understand which investments make sense, and which do not? A UK startup born in the halls of Cambridge University is using Artificial […]

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Alphabet-owned AI powerhouse DeepMind is looking to work with the UK’s National Grid to help Britain radically reduce its energy consumption. Last July, the London-based company employed AI-fuelled optimisation to slash down electricity use at Google’s data centres by 15 percent: after training a neural network to forecast future cooling requirements, it managed to reduce the amount of energy […]

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