Data Science Investment Counter —Funding raised by UK data science companies in 2017.
£ 360.486 Million
artificial intelligence

The UK is about to start a review of the impact of artificial intelligence  on the country’s economy. The review, which is part of Whitehall’s new Digital Strategy, will be carried out by University of Southampton’s computer science professor Wendy Hall, and the CEO of artificial intelligence startup BenevolentAI, Jerome Pesenti. According to WIRED UK, the review will […]

image-119

European MPs called for the creation of new rules on robotics and artificial intelligence in order to guarantee safety and respect of “human dignity.” In a resolution passed on Thursday by 396 votes to 123, the European Parliament asked the Commission—the Union’s governing body— to take the lead on implementing robotics regulation, and set up […]

image-111

A US Artificial Intelligence startup has exited stealth mode and it is now on a quest to challenge the dominant AI paradigm. Boston-based Gamalon has created AI tech that does away with machine learning, embracing a technique known as Bayesian program synthesis. This makes it possible to build AI systems able to learn new concepts by being shown relatively few examples. Machine learning […]

image-109

Cloud computing and customer relationship management company Salesforce has inaugurated a new CRM platform fuelled by advanced Artificial Intelligence. The service will combine Salesforce’s homebrewed AI technology Einstein with its Service Cloud tools , but it is understood that the company is poised to add AI capabilities to other services over time. Einstein is designed to […]

image-107

A California company that combines Virtual Reality and data visualisation has raised $3 million (£2.3 million) in a seed round from unnamed angel investors. Pasadena-based Virtualitics has  harnessed both VR/AR technology and machine learning techniques to create a technology that allows users to  transform large batches of complex data into explorable virtual environments. Information can be rendered in […]

image-94

Apple is planning to gather its users’ iCloud data to improve virtual assistant Siri’s voice-recognition capabilities. Last week, in a disclaimer attached to the iOS 10.3 beta update, the company explained that accessing those data would “allow Apple to improve intelligent features and services such as Siri.” Users that accept the new feature can still deactivate it at any […]

image-93

Apple is tipped to be finally joining the Partnership on AI— a club of tech giants researching artificial intelligence, launched in September 2016 by Amazon, Facebook, Alphabet, Microsoft, and IBM. The group’s stated goals are “to study and formulate best practices on AI technologies, to advance the public’s understanding of AI, and to serve as an open platform […]

image-89

Raspberry Pi , the British mini-computer loved by makers and coders worldwide, could soon gain brand new Artificial Intelligence capabilities, courtesy of Google. “Google is going to arrive in style in 2017. The tech titan has exciting plans for the maker community,” Raspberry Pi announced in a blog post on its website. “It intends to make a […]

image-86

DeepMind , the London-based Artificial Intelligence lab owned by Alphabet, is  ramping up its engagement with academia as some of its researchers start teaching AI courses in UK universities this month. In a post appeared on DeepMind blog, company co-founder and CEO Demis Hassabis announced that—starting in January— research lead Thore Graepel will lead a module called Advanced Topics […]

image-85

London-based Artificial Intelligence startup Cytora has secured £2.4 million in a Series A round led by Parkwalk, and backed by Cambridge Enterprise, iLexIR , and a consortium of angel investors. Founded in 2013 by Andrzej Czapiewski, Aeneas Wiener, Richard Hartley, and Joshua Wallace, the company uses machine learning algorithms to scan the web in real time and detect […]

image-77
Subscribe to our newsletter