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

Autologyx, a London-based startup that leverages Artificial Intelligence to automate business processes, has raised £1.5 million in a pre-Series A investment round led by Beacon Capital. The round was also backed by Angel CoFund and Richard Hargreaves, which are now going to join the company’s board as non-executive directors. Launched in 2011, Autologyx is a Software as a […]

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  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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Eamon-Husayn-Ruhul

The European Union has demanded that social media companies take more active measures to spot and remove hateful and illegal content online, strongly encouraging to adopt automated solutions. The European Commission has released a series of “guidelines and principles” that urge tech giants to building systems that can automatically detect, remove and prevent the re-upload of certain content. […]

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The company that gave London its Oyster card is working on a new technology that might allow us to use our faces as train tickets. According to WIRED UK, San Diego-based Cubic Transportation System is developing a ticketing system relying on facial recognition to speed up payments and reduce queuing times. In particular, Cubic’s new tech would […]

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Apple has inaugurated an online journal where its engineers can publish their research on machine learning. “Here, you can read posts written by Apple engineers about their work using machine learning technologies to help build innovative products for millions of people around the world,” the new website’s homepage reads. The first featured study  had already been partially […]

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Apple is looking to embed a new home-brewed processor dedicated to Artificial Intelligence in its handsets, Bloomberg has reported. The business outlet spoke with an unnamed source who revealed that the Cupertino-based giant is hard at work on a chip— known as the Apple Neural Engine— which would improve Apple devices’ performance on tasks such as speech […]

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Alphabet is already helping us translate words, work out directions and spot spelling mistakes —besides, obviously, find answers. What’s next? Apparently, transforming our horrible doodles into decent images. Google developers have just unveiled their latest feat, called AutoDraw. The system relies on Artificial Intelligence to make drawing simple: users can jot down their sketches on blank slates, and the […]

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Google’s bot-detecting technology reCAPTCHA is going invisible. The system, used by millions of websites across the Web, is used to recognise human users and filter out automated web crawlers; its interface is familiar to whoever has surfed the Internet in the last decade: it can variably ask users to make sense of slightly warped words or numbers, to […]

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Facebook has launched a feature allowing users to search for pictures uploaded on the platform by using keywords—in a way similar to, for instance, Google Images. Rather than relying on tags, file names and related text, though, Facebook image search is built upon its computer vision technology Lumos. In other words, it does not matter whether […]

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