Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 342.935 Million
artificial intelligence
aval

Researchers in Britain and the US have created an Artificial Intelligence able to predict the result of hundreds of cases heard before the European Court of Human Rights (ECtHR.) The system predicted the right verdict with a 79 percent accuracy, using machine learning and natural language processing. Researchers at UCL and at the universities of Sheffield and Pennsylvania […]

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A city is more than the sum of its roads and buildings. Its reality is shaped by structural elements such as the quantity of green spaces it boasts; by entrenched trends, like air pollution, traffic patterns, and population density; and by contingent circumstances as, for instance, the mood and sentiment of its dwellers. Collecting this […]

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Microsoft has developed a technology that is as good as a person at recognising  words in an oral conversation. The breakthrough was detailed in a paper published on Monday by  Microsoft Artificial Intelligence and Research team. In the study, the researchers explain how recent improvements  have brought down the system’s overall amount of mistakes— word error rate […]

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London-based startup ComplyAdvantage, which uses machine learning to help financial institution adhere to anti-money laundering regulation, has raised $8.2 million in a Series A Round led by Balderton Capital. The company, founded  by Charles Delingpole in 2014  and  currently strong with 50 employees, is planning to use the funds to expand its operations across Europe and […]

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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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Chinese investors have poured several million pounds into London accelerator Founders Factory to help foster AI companies in Europe and China. State-backed private equity fund CSC — which manages about $12 billion and injected $400 million in Angelist last year— teamed up with the accelerator-cum-incubator helmed by Brent Hoberman, Henry Lane Fox and Jim Meyerle to hire 60 […]

Alphabet is the clear frontrunner in the race to create human-like Artificial Intelligence,  Oxford scholar Nick Bostrom said. The Swedish-born philosopher has established himself as an authority in researching  Artificial General Intelligence (AGI) and its possible impact on human civilisation— a topic he explored at length in his 2014 bestseller “Superintelligence.” On Wednesday, Bostrom was taking part in London IP Expo […]

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South Korean mobile colossus Samsung announced the acquisition of  Viv, a personal assistant startup founded by three of the inventors of Apple’s Siri. Silicon Valley-based Viv was launched in 2011 by Dag Kittlaus, Adam Cheyer and Chris Brigham, who had previously helped bringing about the iconic virtual servant dwelling in every iPhone. The financial terms of the […]

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