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

  Chinese face-recognition technology company Megvii has raised £350 million from a group of investors, including Alibaba founder Jack Ma’s Ant Financial and state-backed Chinese funds, Bloomberg reports. Existing investor Foxconn Technology Group—a Taiwanese electronics manufacturer that counts Apple among its customers—also partook in the round. The company had already secured backing from the Russia-China Investment fund, […]

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The Chinese government is upping its Artificial Intelligence game , after launching a massive investment plan in the technology. According to the MIT Technology Review, China’s State Council has announced a plan to build the national AI industry into a $150 billion behemoth, with the goal of making the country the world’s leader by 2030. According to […]

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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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Online education platform Udacity teamed up with IBM  to launch an online degree programme in Artificial Intelligence. The “Nanodegree” was announced this morning on the companies’ websites. The 13-week course will open in early 2017 and it will give students a full rundown on AI’s hottest realms: from gaming, to computer vision, probabilistic inference, cognitive […]

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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 […]

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